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Markets Surge and Roll Back on Rumors of Trump Firing Fed Chair Powell
16 July 2025 Sha Hanting/China News Service/ Credit: ASSOCIATED PRESS Markets swung sharply on July 16 after reports suggested President Trump might remove Federal Reserve Chair Jerome Powell, rattling investor confidence before the rumors were clarified. According to a Bloomberg story cited by Reuters, insiders indicated Trump was considering firing Powell amid complaints about the Fed’s reluctance to lower rates, prompting a sell-off in U.S. stocks and a plunge in the dolla
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U.S. Pushes to Bar Bond Hearings for Undocumented Immigrants in Major Shift
15 July 2025 A US Department Of Homeland Security and US Customs and Border Protection sign is displayed at the US Customs and Border...
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Trump’s Push for a 1 Percent Federal Funds Rate Sparks Fears of Economic Instability
14 July 2025 President Trump’s recent appeal for the Federal Reserve to slash its benchmark interest rate to a stark 1 percent has...
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State Department Layoffs Reveal Deep Diplomatic Rift and Raise Alarm over U.S. Global Role
13 July 2025 This week saw the U.S. State Department begin notifying more than 1,350 employees that their tenure is ending, a sweeping...
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Summer Black Friday Splurge Propels U.S. Online Sales to Record Heights
12 July 2025 photo: wix Between July 8 and 11, U.S. shoppers delivered a jaw-dropping $24.1 billion in online purchases in what has been...
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Markets Reel Amid Fresh Tariff Blows as Dollar Gains Traction
11 July 2025 Kim Kyung-Hoon | Credit: REUTERS Global markets experienced a violent jolt this morning following President Trump’s sweeping announcement of new tariffs, notably a 35 percent levy on Canadian imports starting August 1 and the prospect of broader tariffs of 15–20 percent on other trading partners, including the EU, Japan and South Korea, as well as a steep 50 percent tariff on copper. The tariffs extinguished an early rally in Asia, causing S&P 500 and Nasdaq futu
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Federal Judge Halts Trump’s Birthright Citizenship Order in Nationwide Injunction After Court Clash
10 July 2025 REUTERS/Nathan Howard/File Photo On July 10, U.S. District Judge Joseph Laplante in Concord, New Hampshire, delivered a...
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Federal Reserve Minutes Expose a Sharp Divide Over Tariffs and Interest Rates
9 July 2025 Britt Leckman | Credit: Official Federal Reserve Photo The minutes from the Federal Reserve’s June 17–18 meeting, published on July 9, paint a vivid portrait of internal discord as policymakers wrestle with the economic consequences of rising U.S. import tariffs. Indeed, Fed Governor Christopher Waller and Vice Chair Michelle Bowman both appointed by former President Trump have indicated a willingness to cut rates as early as the upcoming July meeting, citing conc
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‘Trump Effect’ Website Takes Credit for $1.3 Trillion of Investments That Began Under Biden
8 July 2025 Creator: MELINA MARA | Credit: POOL/AFP via Getty Images A striking investigation by Reuters has revealed that nearly half of...
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Donald Trump Declares Elon Musk “Off the Rails” After Launching New American Political Party
7 July 2025 Elon Musk (L) and US President Donald Trump.Credit: Reuters Photo In a dramatic turn of events that marks the end of their...
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Elon Musk Launches America Party, Shaking U.S. Politics at Its Core
6 July 2025 Elon Musk announced the launch of the "America Party" via X Saturday. (Francis Chung/Politico/Bloomberg via Getty Images)...
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U.S. Labor Market Delivers a June Surprise with 147,000 New Jobs, Offering Mixed Signals for the Economy
5 July 2025 June brought a welcome surprise to the U.S. labor market, with the addition of 147,000 new jobs significantly more than the...
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Trump Faces Backlash After Using Antisemitic Slur to Describe Bankers
4 July 2025 President Donald Trump speaking at Joint Base Andrews, Maryland, on Thursday. Alex Brandon/AP During a campaign-style rally...
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House Pushes Trump’s “One Big Beautiful Bill” to Final Vote in Tense Showdown
3 July 2025 President Donald Trump / Mark Schiefelbein/AP The U.S. House of Representatives barreled into an intense marathon session in...
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Wall Street Futures Creep Higher as Markets Await Trade Resolution and Labor Data
2 July 2025 U.S. stock index futures edged modestly higher on July 2, reflecting a market that remains cautiously optimistic amid a swirl of macroeconomic and political uncertainty. Investors are bracing for key developments including the looming July 9 tariff deadline, the upcoming June employment reports, and trade negotiations that continue to shape market sentiment. The modest gains in futures come amid a backdrop of mixed signals, with traders seeking clarity before comm
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Senate Strips Out Landmark AI Moratorium from Trump’s Mega Budget Bill
1 July 2025 In a dramatic and near-unanimous decision on July 1, the U.S. Senate voted 99–1 to eliminate a 10-year federal ban that would...
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CMS Threatens to Halt Funding Over Gender‑Affirming Care at Children’s Hospitals
30 June 2025 Mehmet Oz is the administrator of the Centers for Medicare and Medicaid Services. Photo: saul loeb/Agence...
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Canada Backs Off Tech Tax, U.S.-Canada Trade Negotiations Now Reignite
30 June 2025 White House economic adviser Kevin Hassett. (Alex Brandon/AP) Canada’s decision to abandon its planned 3 percent digital...
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Market Highs, Policy Uncertainty, A Delicate Balance in U.S. Business
29 June 2025 On paper, U.S. markets are roaring both the S&P 500 and Nasdaq recently touched record highs, propelled by a brief ceasefire...
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Senate’s “One Big Beautiful Bill” Pushes Fiscal Boundaries in a High-Stakes Political Showdown
29 June 2025 Kenny Holston/The New York Times The U.S. Senate plunged headfirst into an epic legislative moment over the weekend, as...
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