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Trump–EU Showdown in Scotland :A high-stakes trade showdown is underway in Scotland as US President Donald Trump and European Commission Chief Assuland Lion race against an August 1st deadline to prevent a transatlantic tariff war. With $2 trillion in trade at risk, tense negotiations continue over auto duties, steel, and gas imports. Meanwhile, protests erupt …
America’s Beef Crisis Deepens: Beef prices in the U.S. have surged to record highs as cattle inventory hits its lowest mid-year level since 1973. Years of drought, high feed costs, and policy pressures have crippled the supply, with the USDA warning that recovery may not occur until 2028. Ground beef and steak prices are up …
President Trump has redefined global trade diplomacy by securing multiple major trade deals in a single day—with Japan, the EU, the Philippines, and Indonesia all agreeing to open their markets to American goods. These landmark agreements aim to bring back manufacturing, boost U.S. agriculture, and generate hundreds of billions in investments. This blog breaks down …
U.S. markets hit fresh record highs as President Trump secured key trade deals and ramped up pressure on Fed Chair Jerome Powell to cut interest rates. This blog covers the growing clash between Trump and Powell, the controversial $3.1 billion Fed renovation, and the booming AI investment wave led by Google, Amazon, Microsoft, and Meta. …
In 2025, it’s not Donald Trump or Jerome Powell making the biggest impact on the U.S. economy — it’s Treasury Secretary Scott Bessent. By carefully managing the Treasury General Account (TGA), Bessent is controlling liquidity in the financial system, influencing interest rates, and preventing market stress without grabbing headlines. This blog breaks down how his …
LVMH, the world’s largest luxury goods company, reported a 4% drop in sales and a sharp 9% decline in its core fashion and leather goods segment. This signals a broader transformation in global luxury consumption, with wealthy elites still splurging while aspirational buyers pull back. Here’s what it means for the luxury market. LVMH reported …
The United States has launched a major crackdown on North Korea’s global criminal networks, offering up to $15 million in rewards for information leading to the arrest of key individuals involved in illicit revenue schemes. These include cybercrime, IT worker fraud, tobacco smuggling, and counterfeiting—activities that fund North Korea’s weapons of mass destruction and missile …
In a detailed interview, U.S. Treasury Secretary Scott Bessent emphasized the urgent need for a comprehensive internal review of the Federal Reserve, citing its massive financial losses, bloated staffing, and costly operations. He warned that the Fed’s expanding role risks undermining its monetary policy independence. Bessent also highlighted President Trump’s trade strategy successes, including deals …
President Donald Trump visited the Federal Reserve and called for sharp interest rate cuts to boost the U.S. economy, criticizing the ongoing costly Fed building renovation. He emphasized that lower rates would unlock trillions in economic benefits and make housing affordable for first-time buyers. Trump also touted trade wins with Japan and other countries, while …
Jerome Powell faces intense scrutiny and a criminal referral over a $2.5 billion Fed building renovation. Bill Pulte, Trump-appointed agency head, demands answers while linking Powell’s high interest rates to a sluggish housing market. Trump allies call for Powell’s resignation as the Fed’s independence faces political heat. Jerome Powell Faces Criminal Referral Over $2.5 Billion …