Economy

  • The EU seems to be giving up in the face of Trump’s 10% tariff

  • Trump says he’s pausing the new sanctions on Russia so as not to provoke Putin

  • Trump shrugs off buddy Elon Musk’s tax bill complaints: ‘We had to get the votes’

  • Fed sees rising recession risk as inflation and unemployment collide, minutes show

  • China considers rare earth export relief for select chipmakers

  • Judge allows states’ lawsuit against DOGE to proceed

  • Grosvenor Group CEO blasts ‘nonsense and stupid’ US tariffs

  • Russia offers crypto miners fuel Europe wouldn’t buy

  • Australia’s inflation steady with further possible rate cuts while New Zealand lowers rate to 3.25%

  • Lagarde plans on leaving ECB early to head WEF, Schwab says

  • Russia threatens World War III amid public spat with US president Trump

  • The US national debt won’t be wiped until the dollar crashes like it never has before

  • Elon Musk is reportedly disappointed in Trump’s “big, beautiful bill”

  • China could funnel as much as $35B to Colombia and Latin America region if US pulls out

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  • US stock markets make a comeback after 4-day losing streak as S&P 500 surges by 2%

  • Trump’s economic advisor Hassett says no intent to harm Apple with iPhone tariffs

  • Gold slips as stronger dollar and soft US trade decisions weigh on sentiment

  • Fed’s Kashkari warns inflation fight could get messy

  • Yield shock hits 60/40 investors as bonds stop balancing stocks

  • Japan cuts super-long bond issuance as yields spike and fiscal fears get worse

  • Swiss exports crash 36% in the first month of Trump tariffs

  • UK shifts to short-term debt to curb soaring interest costs