Economy

  • US Treasury quadruples borrowing estimate to $514B as debt ceiling standoff drags on

  • China’s 2025 GDP beats America’s by $7 trillion and the EU by $14 trillion, “a surprise to most people” – Elon Musk

  • China says it won’t kneel down in front of the US

  • Asian stocks edge higher as major Wall Street indexes remain mostly unchanged

  • Josh Hawley resurrects ‘Pelosi Act’ to ban elected officials from trading markets

  • Temu, Shein respond to tariffs by raising prices for American buyers

  • China’s president Xi Jinping says Trump lied about them having a phone call

  • IMF’s Kammer says tariff drag could overshadow Eurozone growth despite German fiscal boost

  • Global investors hit by stock and dollar losses rushing to hedge, but not with crypto

  • Gold loses appeal as US—China tension eases

  • How Trump’s ‘America First’ could undermine U.S. leadership and put it behind

  • Trump faces 100-day disapproval crisis with lowest rating in 70 years

  • Asian stocks edge higher amid US tariff uncertainty

  • Confusion erupts in Trump’s cabinet over China trade negotiations

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  • Elon Musk’s AI plan for Social Security is causing big problems

  • ECB’s Simkus sees room for two more rate cuts as trade tensions drag on growth

  • S&P 500 claws back half its tariff losses, but the chaos is far from over

  • Tesla hikes prices in Canada, urges buyers to grab US cars before tariffs hit

  • Pakistan asks China for extra $1.4 billion swap line, plans Panda bond launch

  • Republicans propose shutting down US audit regulator PCAOB

  • Trump’s economic and geopolitical failures took center stage at Pope Francis’ funeral

  • Trump turns on ‘buddy’ Putin over Ukraine, says he’ll slap Russia with sanctions now