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Trump DOJ eases fears over Lisa Cook exit from Fed
Donald Trump’s legal team told the Supreme Court on Friday that forcing Lisa Cook out of the Federal Reserve Board won’t crash the financial markets. The Department of Justice, through Solicitor Gener...
Malaysia seeks US tariff relief as trump unveils new import duties
_*]:min-w-0 !gap-3.5"> Malaysia is pushing the United States to drop tariffs on several key products as President Trump rolled out another wave of import taxes that could shake up global trade once ag...
Day traders pull $7 billion from high-risk leveraged ETFs in September, the biggest outflow since 2019
Stock markets remain near record highs and economic numbers keep beating expectations, but a closer look reveals traders are starting to step away from the riskiest bets that drove much of this year’s...
Trump pushes chip makers to match US production with imports or face tariffs up to 100%
The United States wants semiconductor companies to produce the same number of chips in America as they buy from overseas suppliers, or they will have to pay big tariffs on foreign purchases. President...
Major pharma shares tanks after President Donald Trump announced 100% tariffs on imported branded medications
Major drug company shares declined Friday after President Donald Trump announced 100% tariffs on imported branded medications, though analysts believe most large pharmaceutical firms will escape serio...
Russia’s crypto-facilitated trade reached 1 trillion rubles in 2025
Russia’s foreign trade settlements with cryptocurrency approached $12 billion in the first half of the year, according to the Kremlin’s business advisor. The Russian president’s representative is conv...
Fed still on track for more interest rate cuts as US core inflation holds at 2.9%
Core inflation stayed stuck at 2.9% in August, according to the Federal Reserve’s go-to forecast tool. The data, released Friday by the Commerce Department, makes it clear the Fed is still heading tow...
Foreign investors double down on U.S. stocks at record levels despite political chaos
While Donald Trump runs the White House again, reigniting his trade war, dropping polarizing ideas like annexing Canada, and poking at just about every ally abroad, non-American investors are doing th...
India presses U.S. for Iran, Venezuela oil in exchange for Russian cuts
India has sent a message to the Trump administration: if Russian oil has to go, then barrels from Iran and Venezuela must come in. That was said by a group of Indian officials who landed in Washington...
Trump’s $14B TikTok price tag under fire for massive undervaluation
Donald Trump’s $14 billion estimate for TikTok’s U.S. business is catching fire across financial and political circles, with critics slamming it as a ridiculous undervaluation for one of the biggest s...
Lisa Cook told the Supreme Court that firing her would crash markets
Lisa Cook has told the U.S. Supreme Court that if they let President Trump fire her, financial markets will collapse and the Fed’s independence could be gone for good. The warning came in a filing on ...
Intel eyes TSMC deal to revive foundry business
Intel is trying to stay alive in the chip game, and now it’s knocking on TSMC’s door. According to the Wall Street Journal , the U.S. chipmaker has reached out to Taiwan Semiconductor Manufacturing Co...