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US President Donald Trump has once again called for the dropping of corruption cases against Israeli Prime Minister Benjamin Netanyahu. The proposal to officially begin discussions on the controversial tax cut bill submitted to Congress by Republicans in the US has narrowly been approved by the Senate. US President Donald Trump said he could lift […]
According to the National Association of Realtors (NAR), home sales increased by 0.8 percent to 4.03 million on an annualized basis. This was the weakest May performance since 2009. Economists who participated in the survey expected 3.95 million. Resale home sales decreased by 0.5 percent to 4 million in April. US President Donald Trump announced […]
Fed Chairman Jerome Powell has given the message that the consequences of the tariffs on the economy will be finalized when the final tariffs are determined. Powell also reiterated his messages that they will not rush to ease monetary policy. When asked about the criticisms of Trump and his administration, Powell said, “We are focused […]
US President Donald Trump said that American jets hit three main nuclear facilities in Iran, and this move is preparing investors for an increase in oil prices. Iranian Foreign Minister Abbas Arakchi said that what happened after the US hit three nuclear facilities in Iran was very ugly and would have endless consequences. US Secretary […]
US President Donald Trump, who decided to leave the G7 Leaders Summit in Canada early due to the escalation of Israel-Iran tensions, reportedly ordered an emergency meeting of his national security team at the White House. US President Trump signs decree on implementation of trade agreements with the UK US President Donald Trump’s social media […]
US President Donald Trump stated that there will be peace between Israel and Iran soon, and that there are currently many meetings and talks, and said, “I do a lot and I don’t get credit for anything.” Amazon invested in 1.92 gigawatts of nuclear energy to provide the energy needed to run its AWS cloud […]
The US has requested the Court of Appeals to keep the Trump tariffs in effect for longer. Following the phone call between US President Donald Trump and Chinese President Xi Jinping on Thursday, high-level delegations from the US and China began negotiations yesterday to end the trade war. US Vice President JD Vance argued that […]
The US Federal Reserve (Fed) reported that high tariff rates put upward pressure on costs and prices. The US Federal Reserve (Fed) New York Branch reported that the majority of firms in its region are passing on some of the costs of rising tariffs to their customers. The US Congressional Budget Office (CBO) predicted that […]
The US Federal Reserve (Fed) has lifted the asset cap imposed on Wells Fargo, one of the country’s major banks, in 2018, paving the way for the bank’s renewed growth. White House spokeswoman Karoline Leavitt said the US Trade Representative (USTR) sent a letter to trade partners asking them to submit proposals as a reminder […]
The US manufacturing PMI index continued its decline in May. The import gauge fell to its lowest level in 16 years as firms retreated from higher tariffs. The US claims it will allow Iran to enrich uranium at low levels for a certain period of time The White House said US President Donald Trump is […]
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