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TRUMP ADMINISTRATION ECONOMY
US inflation tops 4% for first time in three years, boosts Fed hike betsUS inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. Thi...- Rubio in Middle East tour says any Iran deal will ensure security of Gulf alliesU.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...
- Trade, tariffs & taste: American whiskey pushes for a fair pour in IndiaUS trade representative Jamieson Greer’s recent visit to New Delhi is seen as a key step toward finalising a US-India trade framework, with...
- Piyush Goyal, US Trade Representative Jamieson Greer begin talks on trade pactIndia and the US are in high-level talks to finalize the first phase of their bilateral trade agreement. Commerce Minister Piyush Goyal met...
- US probes Germany's drug pricing policies, opens door to tariffsThe US has launched a trade probe into Germany's pharmaceutical pricing, alleging it unfairly burdens American commerce and forces the US t...
- Trump blows through his Iran red lines in justifying peace dealPresident Trump signaled a significant shift in US policy towards Iran, seemingly abandoning key "red lines" previously used to justify mil...
- Vance leaves shippers in the dark on potential Iran Hormuz tollsUS officials emphasize keeping the waterway open and believe regional neighbors will oppose tolls.
- Democratic socialists surge in mayoral races across the country as anti-Trump fervor risesA new wave of progressive leaders is winning mayoral races in major US cities. Candidates like Janeese Lewis George in Washington D.C. and ...
- India, US 'very close' to inking a trade deal, says Trump after meet with ModiUS President Donald Trump stated that India and the US are very close to finalizing a trade deal, following a meeting with Prime Minister N...
- US quietly allows waiver on Russian oil to expireAmerica's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...
- Iran will reopen Strait of Hormuz and can sell oil freely under deal with US, according to leaksA tentative deal between Iran and the U.S. will reopen the Strait of Hormuz, a vital oil passage. Iran will be allowed to sell its oil with...
- 'Iran agrees to never have nuclear weapons,' says Trump after signing MoU with TehranPresident Trump announced Iran has agreed to never possess nuclear weapons, dismissing reports of a $300 million US payment as fake news. T...
- US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
- Nvidia's Jensen Huang pledges AI will boost manufacturing jobsThe factory represents a fundamental test of whether, as Huang believes, AI will be a source of job creation instead of a technology that s...
- PM Modi, Trump swap notes ahead of meeting on G7 sidelinesPrime Minister Narendra Modi met with US President Donald Trump at the G7 Summit in France. They discussed bilateral cooperation and global...
- Iran says talks on final US deal to begin this weekIran and the United States are set to begin crucial nuclear and sanctions relief talks this week. An agreement to end a recent war is expec...
- US-Iran peace talks: Senior officials link sanctions relief to nuclear compliance guaranteesSenior Trump administration officials revealed a new understanding with Iran, linking sanctions relief and economic reintegration to strict...
- US emergency oil stockpile plunges to lowest level since Reagan era amid West Asia warAmerica's emergency oil reserve has fallen to its lowest point since 1983. This significant drop follows extensive releases to manage econo...
- Highly dangerous plutonium offers no quick fix to US nuclear fuel crunchAmerica is exploring turning surplus plutonium into nuclear fuel for new reactors. This move aims to meet rising power demands, particularl...
- Trump's seven objectives that remain unfulfilled as officials say Iran war could soon endAmerica is close to a deal with Iran to end the ongoing war. President Trump announced a memorandum of understanding is expected soon. Howe...
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