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WILL THE U.S. ENTER A RECESSION SOON
US in talks with AI companies for voluntary model standardsThe U.S. government is in advanced talks with AI companies to create voluntary standards for the release of new models, with an announcemen...
Trump administration declines to renew North American trade deal, starts 10-year wind-down clockThe United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufactur...
Fed's Warsh: Will decide on rate hike when policymakers 'shut the door' at next meetingAt an international monetary policy forum, Federal Reserve Chair Kevin Warsh stressed the necessity of maintaining a 2% inflation target. H...
Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...
Iran insists on keeping control over Hormuz: ReportIran is determined to gain international recognition for its control over the Strait of Hormuz, including the right to levy fees on ships. ...
US and Iran enter technical talks to secure peace deal, restart shippingTechnical discussions between the U.S. and Iran are underway in Doha, aiming to secure the Strait of Hormuz shipping lanes and a lasting ce...
US Justice Department directs prosecutors to prioritize 'birth tourism' following court rulingThe U.S. Justice Department is now prioritizing investigations into "birth tourism" schemes, directing federal prosecutors to pursue crimin...
Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
US Stock Market: Rising equity financing costs cast shadow over Wall Street's rallyUS stock markets are facing a new hurdle as borrowing costs for financing equity positions surge. Record demand for leveraged investments a...
What's in the deal between Israel and Lebanon?Israel and Lebanon have reached a U.S.-brokered peace framework, aiming for mutual recognition and an end to hostilities. Key points includ...
US close to allowing Anthropic to restore Fable 5 model, Axios reportsAnthropic had abruptly disabled its most advanced AI models - Mythos 5 and Fable 5 - for all users after the government's June 12 export co...
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...
Dollar hits 13-month highs as investors bank on rate hikesThe US dollar is on a remarkable rise, approaching its most significant monthly increase in a year, fueled by expectations of upcoming rate...
EU governments adopt legislation to fulfil EU side of US trade dealEuropean Union governments have greenlit legislation to eliminate import duties on numerous U.S. products, honouring a trade pact with Pres...
Dollar rides high on Fed rate-hike betsThe US dollar is experiencing a significant surge, reaching multi-month highs against major currencies like the euro and yen. This strength...
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...