Month: June 2025
As Trump Pressures Fed, He Seizes on Interest Rate Cuts by Europe and Others
President Trump has increasingly pointed to rate cuts by other central banks as he pressures Jerome H. Powell, the Fed...
Trump and Iran Complicate the Fed’s Next Move
Investors are anxious about whether the central bank will change course on rate cuts as geopolitical turmoil and tariffs pose...
Why Eliminating Coal Could Take a Long Time
A mining and processing business in California is replacing one coal plant but says another could stay online for many...
Aiming at the Dollar, China Makes a Pitch for Its Currency
The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main...
Trump Skips Zelensky Meeting as G7 Talks End With Little for Ukraine
President Volodymyr Zelensky had hoped to secure more support from the Group of 7 nations, but the crisis in the...
The Dark Side of China’s Gold Frenzy
Chinese investors have poured their savings into gold, attracted by promises of rising prices. One company’s sudden closure is a...
Trump to Again Extend TikTok’s Reprieve From U.S. Ban
The president plans to sign another executive order this week that would give the popular video app more time to...
Oil Prices Climb as Trump Calls for Iran’s ‘Surrender’
They rose more than 4 percent as traders wondered if the United States would take a more active role in...
Senate Passes Cryptocurrency Bill, Handing Industry a Victory
The bill was a significant step toward giving the cryptocurrency industry the credibility and legitimacy it has sought, without limitations...