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US RECESSION
US senators announce deal on new Russia, Iran Sanctions BillSenators reached a deal on legislation empowering the president to restrict Russian and Iranian energy buyers. This measure allows tariffs ...- 100% tariff threat for India and others: US Senate advances Russia sanctions billThe US Senate overwhelmingly advanced a bipartisan sanctions bill targeting Russian energy buyers. This legislation grants President Trump ...
- Quote of the day by Barack Obama: "Hope is not blind optimism. It's not ignoring the..." — Inspiring life lessons on courage, resilience, leadership, purpose, determination, human potential, and why the greatest victories often begin when the odds seem impossible by the former US PresidentQuote of the day by Barack Obama: Barack Obama’s quote, "Hope is not blind optimism. It's not ignoring the enormity of the task ahead or th...
- Donald Trump demands Senate to cancel August break until it passes voting billPresident Trump urged Senator John Thune to cancel the Senate's August break. He wants senators to pass a strict proof-of-citizenship votin...
- European shares gain as SAP lifts tech stocks; Middle East on watchEuropean shares saw a rise on Friday, recovering from previous losses. Investors reacted positively to select corporate earnings reports an...
- US investors rethink bonds' role as inflation reshapes portfoliosUS investors are reducing bond allocations and increasing inflation-sensitive assets. This shift aims to diversify portfolios against marke...
- Expressing solidarity with protesting students, SC advocates recite Constitution's PreambleSupreme Court advocates recited the Constitution's Preamble during their lunch recess. This action supported the Jantar Mantar protest and ...
- Explainer: How the Clarity Act could transform crypto regulation in the USU.S. Senate Republicans have introduced the long-awaited Clarity Act, a landmark bill aimed at creating a comprehensive regulatory framewor...
- America's 'mass affluence' is bigger than you thinkThe U.S. economy is increasingly defined by a K-shaped recovery, but the affluent group driving growth is far larger than a small elite. Ac...
- US Congress passes $95 billion Republican budget for Iran warThe House approved a Republican-only budget proposal for Iran war funding. This plan allocates significant funds for national security and ...
- US House passes stopgap funding bill to avert shutdown before midterm electionsThe US House approved a temporary funding bill to keep government agencies operational. This measure extends federal funding through Decemb...
- Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
- AI-boom fuels 'K' shaped global economic growth: Moody's AnalyticsThe global economy shows K-shaped growth as artificial intelligence advances some sectors. Moody's Analytics predicts a slowdown to 2.5 per...
- Global growth set to slow to 2.5% and India 'will lose a step too': Moody's AnalyticsMoody's Analytics expects global growth to slow to 2.5% in 2026, saying India too "will lose a step" amid a broader moderation in activity....
- Fed's 'ample reserves' approach is a focus of Warsh's balance sheet reviewFederal Reserve Chairman Kevin Warsh is reviewing interest rate policy and balance sheet management. The central bank is examining the ampl...
- Fed's Waller says higher rates possibly needed in 'near term'Federal Reserve Governor Christopher Waller signalled that interest rates may need to rise in the near term if inflation remains elevated. ...
- Strait of Hormuz hangs in the balance as US-Iran ceasefire unravelsThe US-Iran deal faces significant strain due to escalating tensions in the Strait of Hormuz. Iran has closed the strait, prompting US reta...
- Stocks priced for ‘sunshine and rainbows’ now face earnings testWall Street enters the second-quarter earnings season with expectations near record highs, leaving companies with little room for disappoin...
- Charting the global economy: Iran war continues to cloud outlookJapan's bank lending expansion suggests room for the central bank to raise rates further. Meanwhile, high borrowing costs continue to impac...
- Fragile yen set for weekly decline as intervention risks mountThe yen remains near a forty-year low, causing trader concern over potential Japanese intervention. Renewed Gulf hostilities are casting a ...
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