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U.S. FEDERAL GOVERNMENT SHUTDOWN
'Growth momentum solid,' IMF says, backing Fed's wait-and-see approachThe U.S. economy is showing robust growth, with first-quarter GDP revised upwards to 2.1%. The International Monetary Fund anticipates infl...- US Supreme Court sides with Trump in asylum-processing caseThe court, in a 6-3 ruling powered by its conservative justices, overturned a lower court's finding that the policy violated federal law. T...
- US judge blocks Trump's mail-in voting executive orderA federal judge in Boston has halted President Trump's executive order on mail-in voting, citing unlawful interference with state election ...
- US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimateThe growth in gross domestic product - the nation's output of goods and services - marked a rebound from a sluggish 0.5% in the last three ...
- US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
- Legal tech firm sues US over order limiting foreign access to top-tier Anthropic modelsLegion LegalTech Corp, a legal tech firm based in the US, has initiated legal action against the federal government after a controversial d...
- Gold extends losses on Fed tightening outlook, dollar strengthGold prices tumbled to a seven-month low on Thursday, nearing $3,985 per ounce, as a robust dollar and anticipation of Federal Reserve inte...
- Lawyers for Gautam Adani urge US judge to dismiss criminal caseIndian billionaire Gautam Adani's lawyers are pushing a U.S. judge to officially drop criminal charges after the Justice Department announc...
- U. S government health CDC journal blocked COVID-19 vaccine study but paper has finally been published. What is in it? Details hereCovid-19 study approach, called "test-negative design", looks at people who were admitted to hospitals or visited emergency rooms with resp...
- US judge vacates Trump immigration courthouse arrest policiesA federal judge has reinstated stricter limits on immigration courthouse arrests and short-term detentions, striking down Trump-era policie...
- US presses Meta to agree to AI reviews as security concerns rise: reportThe Facebook parent, which launched the Muse Spark AI model in April, is the only major U.S. developer of AI technology that has not reache...
- Gold slips as Fed rate-hike expectations buoy dollarGold prices dipped on Wednesday, reaching their lowest point since June 11, as a stronger dollar, fueled by anticipated U.S. interest rate ...
- What are the Fed's bank 'stress tests' and what's new this year?The US Federal Reserve is releasing its annual bank stress test results today, assessing how major lenders would fare in a severe economic ...
- US Stock Market: Warsh to face lawmakers in key semiannual policy testimony on July 14Federal Reserve Chair Kevin Warsh is set to deliver his inaugural semiannual monetary policy address to Congress on July 14. This crucial a...
- Early users of Anthropic's Mythos still have access after US order: ReportSelect companies continue to access Anthropic's Mythos AI preview. This access remains despite a US government directive that halted other ...
- Holiday Halt: S&P 500, Nasdaq to remain closed for Juneteenth today after busy 'triple witching' sessionUS financial markets will be closed on Friday, June 19, for Juneteenth, granting investors a long weekend. This federal holiday's observanc...
- US Stock Market: Foreign investors add $103 billion to US long-term securities in AprilForeign investors showed strong interest in U.S. assets in April. They purchased $103 billion in long-term securities. Holdings of U.S. Tre...
- Gold recoups losses as oil prices fall on Iran dealGold prices saw a significant jump on Thursday, recovering from earlier declines. This surge followed a drop in oil prices. The United Stat...
- Dollar clings to two-month peak as Fed rate-hike bets mount, yen slidesThe U.S. dollar reached a two-month high as markets anticipated Federal Reserve rate hikes, pressuring the Japanese yen towards interventio...
- Gold falls 1% after Fed holds rates steady, signals rate hike this yearGold prices fell significantly on Wednesday. The U.S. Federal Reserve kept interest rates unchanged but indicated a possible increase later...
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