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A U.S. appeals court blocked President Trump’s attempt to fire Federal Reserve Governor Lisa Cook
A federal appeals court has blocked Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook. This is the first instance the president has pursued such action since the central bank’s foundin...
India and the US to hold fast-tracked trade talks in Delhi amid 50% tariff hike on Indian goods
India and the US will meet for trade negotiations in Delhi on Tuesday, only weeks after Donald Trump raised duties on Indian goods, a move that helped push the country’s exports to a nine-month declin...
China accuses the U.S. of “unilateral bullying” over calls to impose tariffs on Russia
China came out swinging on Monday, accusing the United States of using “unilateral bullying” to force allies into slapping tariffs on Chinese goods over its oil dealings with Russia. The statement was...
Trump plans major sanctions on Russian oil, but wants the EU to act first
The European Union is finalizing its 19th sanctions package against Russia, targeting everything from oil flows to crypto platforms to banking systems, according to Bloomberg. These new restrictions w...
Trump pushes for semiannual earnings reports, abandoning quarterly reviews
Donald Trump, from the White House on Monday, said companies in the U.S. should stop filing earnings reports every quarter. He announced the plan directly on Truth Social, saying the new idea, reporti...
Russia returns to 90s post-Soviet barter trade as Western sanctions bite
Trade sanctions from across the Atlantic have Russia’s foreign commerce considering barter trade for the first time in three decades. Companies are reportedly swapping wheat and cars with the Chinese ...
London Stock Exchange targets private fund managers with new blockchain platform
The London Stock Exchange has launched a blockchain-based platform targeting private fund managers, using live fundraising to show it’s ready for action. The infrastructure, called Digital Markets Inf...
US and UK set to announce energy, tech deals during Trump’s visit this week
The US and Britain are expected to announce several agreements ranging from nuclear energy, technology, and trade during President Donald Trump’s second state visit in as many months. The visit expect...
Nvidia stock drops 3% after China accuses it of anti-monopoly breach
Nvidia’s stock dropped 3% on Monday morning after Beijing publicly accused the company of breaking China’s anti-monopoly law. The allegation came from China’s State Administration for Market Regulatio...
Paul Atkins rolls back tough enforcement to target ‘real’ fraud
Paul Atkins, the new man leading the SEC under President Donald Trump, says the agency is done hunting for technical violations and is turning its attention to actual criminals. Speaking to the Financ...
US Democrats urge Scott Bessent to press China on overproduction
Democrats in Washington told Scott Bessent to go hard on China this week as he meets their officials in Spain. On Friday, members of the House Select Committee on China sent a letter urging Scott, alo...
Europe’s IPO market stalls as companies turn to M&A amid volatility
Europe’s IPO engine has all but stalled. Klarna, the Swedish payments giant and one of Europe’s most valuable fintechs, isn’t even considering local stock exchanges. Instead, it’s going straight to Ne...