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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. …
U.S. Treasury Secretary Scott Bessent outlines the Trump administration’s aggressive economic agenda in an in-depth interview, highlighting a record-breaking capex boom, massive AI-driven investment, and a strategic use of tariffs for both trade and geopolitical leverage. He discusses ongoing talks with China, potential sanctions on Russian oil buyers, and the sharp rise in tariff revenues …
Microsoft to Cut Thousands of Jobs in July 2025:Microsoft is preparing for another wave of layoffs by July 2025, primarily targeting its sales division. The move comes as part of a major restructuring effort to support its massive $80 billion investment in AI infrastructure over the next 12 months. With data center expansion becoming a …