Takeaways from Fed Chairman Kevin Warsh’s first congressional testimony
Fed Chair Kevin Warsh says the fight against inflation is not over, warning that one encouraging inflation report is...
Guntakin Mehnatli
Trump reverses course on a 20% fee on Strait of Hormuz cargo after pushback
President Donald Trump has reversed his proposal to impose a 20% US reimbursement fee on cargo passing through the...
Trump Says Iran Conflict Will Have Little Impact on US Economy
President Donald Trump says the Iran conflict is unlikely to cause serious damage to the US economy, even as...
White House announces ‘Gold Eagle’ AI clearinghouse for cyber vulnerabilities
The White House has launched a new AI cybersecurity coordination group aimed at helping protect the country’s critical infrastructure...
Iran has asked to continue talks, and the US agreed, Trump says
President Donald Trump said the United States has agreed to Iran’s request to continue diplomatic talks, signaling that negotiations...
Can Markets Keep Rallying Without the Fed? Investors Are Starting to Ask
A growing debate is emerging on Wall Street over whether financial markets can continue climbing without support from the...
Nearly One Million People Became Millionaires in 2025 as Global Wealth Jumped
Almost one million people became new millionaires in 2025, as rising stock markets and stronger financial assets drove one...
The US is better off than it was in 1976. So why does it feel worse?
As the US marks its 250th anniversary, a new analysis argues that the country is better off than it...
Russia’s $60 Billion Space Plan Faces Tough Battle Against SpaceX and China
Russia is preparing a $60 billion plan to revive its space industry, but catching up with SpaceX and China’s...
Wall Street Posts Strongest First Half Since 2021 Despite Market Turmoil
Wall Street has delivered its strongest first-half performance since 2021, overcoming geopolitical tensions, volatile interest rate expectations, and rising...