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U.S. President Donald Trump is scheduled to visit the Federal Reserve on Thursday, marking a rare and highly symbolic move that intensifies his ongoing pressure campaign against Federal Reserve Chair Jerome Powell. The White House confirmed the visit, which will
Bitcoin fell slightly on Wednesday, slipping to $118,466 as investor sentiment remained subdued and the cryptocurrency continued to trade within a narrow range. The decline follows a recent surge to a record high of over $123,000 earlier this month, with
United States President Donald Trump announced on Tuesday a new trade framework with Japan that places a 15 percent tax on goods imported from that country. The announcement was made on the Truth Social platform. President Trump described the agreement
AstraZeneca has announced plans to invest $50 billion in the United States by 2030, significantly expanding its manufacturing and research footprint in the country. The pharmaceutical company said the investment would support America’s position as a global leader in medicines
The United States has reiterated its intention to impose a 30% baseline tariff on European Union imports starting August 1, as last-minute negotiations between Washington and Brussels continue without a breakthrough. U.S. Commerce Secretary Howard Lutnick confirmed over the weekend
U.S. stock markets advanced to fresh record highs at the start of the week, driven by gains in technology shares and investor optimism ahead of key corporate earnings reports. The S&P 500 rose 0.5% on Monday, while the Nasdaq Composite
Amazon has issued a warning to its 220 million global Prime customers, cautioning them about a surge in impersonation scams targeting their login credentials and personal information. The company reported a significant increase in fraudulent emails falsely claiming to relate
Meta Platforms has confirmed it will not sign the European Union’s new AI code of practice, calling the guidelines an unnecessary overreach that will stifle innovation and hinder growth for AI developers. In a public statement posted on LinkedIn, Meta’s
Retail sales in the United States showed signs of resilience in June, rising 0.6% according to data released by the Commerce Department. This increase comes after two consecutive months of declines, with sales slipping 0.1% in April and 0.9% in
Federal Reserve Chairman Jerome Powell has formally responded to pointed questions from the White House regarding the ongoing renovation of the central bank’s Washington, D.C. headquarters. In a letter addressed to Office of Management and Budget Director Russell Vought, Powell
