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Powell’s decision on Fed board seat could shape Warsh’s leadership
Federal Reserve Chair Jerome Powell's choice to stay on the Fed board could influence Kevin Warsh's leadership and the central bank's independence amid political pressures.
Oil prices ease as US says it is fine with some ships going through Strait of Hormuz
Oil prices eased after the US approved some Iranian, Indian, and Chinese ships passing through the Strait of Hormuz amid ongoing Iran war tensions and emergency reserve talks.
24 states, including Virginia, announce lawsuit to stop Trump’s latest global tariffs
A coalition of 24 US states filed a lawsuit challenging President Trump's new 10% global tariffs, arguing they exceed legal authority under the Trade Act of 1974.
U.S., China begin new trade talks in Sweden
STOCKHOLM, Sweden (AP) — Top trade officials from China and the United States launched a new round of talks on Monday in a bid to ease tensions over tariffs between the world’s two biggest national economies. U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng were meeting at the offices of Sweden’s prime minister for two days […]
Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope
U.S. and Chinese officials meet in Geneva to ease a growing tariff war, with global trade and economic stability hanging in the balance.
As US and China begin trade talks in Geneva, Trump’s tariff hammer looks less mighty than he claims
Trump raises China tariffs to 145%, sparking retaliation and global market jitters as trade talks begin in Geneva with no clear resolution in sight.
US Treasury secretary says trade war with China is not ‘sustainable’
WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown against China is unsustainable and expects a “de-escalation” in the trade war between the world’s two largest economies. But in a private speech in Washington for JPMorgan Chase, Bessent also cautioned that talks between the United States […]
