US Treasury says Bank of Japan should continue to tighten policy
The Bank of Japan should continue to proceed with monetary tightening, which would support a “normalisation of the yen’s weakness” and rebalancing of bilateral trade, the US Treasury…
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Policy
Trump’s Attacks on Climate Policy Are Even Hitting Exxon
Republicans’ tax bill would, however, severely limit a provision making it much easier for smaller firms to take advantage of the tax credit. That could end up being a boon for huge…
How the Loudest Voices in AI Went From ‘Regulate Us’ to ‘Unleash Us’
On May 16, 2023, Sam Altman appeared before a subcommittee of the Senate Judiciary. The title of the hearing was “Oversight of AI.” The session was a lovefest, with both Altman and the…
California hit with Justice Department probe of transgender athlete policy
The Justice Department has joined the federal investigation into whether California violated federal law by allowing male-born athletes to compete in girls' scholastic sports, raising the…
Europe: Stocks close lower as caution lingers on US trade policy progress
EUROPE’S main stock index closed lower amid broader declines on Wednesday as investors monitored progress in trade negotiations with the United States and assessed a slate of economic data…
Trump officials say judge blocking murderers' deportations ruining U.S. foreign policy talks
The Trump administration for months has obliquely warned judges their immigration rulings were messing with touchy foreign policy negotiations. Source link
Is Trump Trying to Set Energy Policy in Other Countries Now?
“The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with. Their powerful Trade Barriers, Vat…
Rubio tells lawmakers that U.S. foreign policy should benefit America first
Secretary of State Marco Rubio told a House panel in a sometimes-testy hearing Wednesday that U.S. foreign policy should serve America's interests, not necessarily what is good for the…
JD Sports CEO Calls Foot Locker Acquisition ‘Positive’ for Market, Calls Out Trump’s Immigration Policy for Slowdown at Shoe Palace
Following last week’s surprise news that Dick’s Sporting Goods would acquire Foot Locker in a deal worth $2.4 billion, JD Sports chief executive officer Régis Schultz is sounding off on…
Scott Bessent’s Failed Attempt at Coherent Economic Policy
The Treasury secretary’s rationalization for Trump’s whims wouldn’t pass an undergrad econ exam. Source link
GE2025: Ruling party’s strong showing signals flight to safety and a vote for policy continuity, say analysts
Analysts welcomed the results of Singapore’s general election (GE) held over the weekend, calling them a vote for political stability and policy continuity for investors. Citi said in a…
US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows
The latest message from the data on the U.S. economy is simple: So far, so good, until further notice. The labor market remained in a healthy state of balance as America entered a global…
The government introduces a new policy for terminating international students' legal status
The U.S. government has begun shedding new light on a crackdown on international students, spelling out how it targeted thousands of people and laying out the grounds for terminating their…
Secret Deals, Foreign Investments, Presidential Policy Changes: The Rise of Trump’s Crypto Firm
The pitch from “ZMoney” arrived on the encrypted messaging app Signal just days before Donald J. Trump’s presidential inauguration. “ZMoney” was Zachary Folkman, an entrepreneur who once…
Europe: Stoxx 600 up as automakers, materials gain; Trump policy shifts in focus
European shares ended higher on Thursday (Apr 24), boosted by automakers and materials stocks, as investors digested a mixed set of corporate earnings and evaluated the ever-shifting US…
Consumer Behavior and Policy Abuse: Forter Reveals Trends Impacting Retailers in the U.S. and U.K.
Forter, which describes itself as the “trust platform for digital commerce,” published its latest consumer sentiment report, revealing that 68 percent of consumers in the U.S. and U.K.…
ECB cuts rates again to help economy weather erratic US trade policy
The European Central Bank (ECB) cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already struggling eurozone economy that will take a large hit…
Global chipmakers feel the pinch of Trump’s shifting trade policy
Global chip stocks were battered on Wednesday (Apr 16) on fresh evidence of how US President Donald Trump’s shifting trade policy was complicating the outlook for semiconductor and…
The SEC Is Abandoning Its Biggest Crypto Lawsuits
In July, on the campaign trail, Trump promised a crowd of bitcoiners that he would fire previous SEC chair Gary Gensler if reelected. “I didn’t know he was that unpopular,” said Trump,…
This Refinery Wants to Make Sustainable Aviation Fuel Mainstream. Trump’s Cuts Could Kill It
Follow the 10-inch pipeline that stretches south from Minneapolis–Saint Paul International Airport, and after 13 miles you'll find yourself at a potentially major future hub for…
‘We are never going to stop existing’: Hunter Schafer called out Trump’s passport policy on TikTok
“I had a bit of a harsh reality check today, and felt like it’s important to share with whoever is listening,” model and actress Hunter Schafer said in an eight-minute video posted on…
PBOC’s policy flip-flop sows confusion over timing of rate cuts
AT A rare press briefing back in September, China’s central bank chief Pan Gongsheng unveiled a stimulus blitz that spurred optimism for one of the biggest policy shifts in a decade. But…
Rivian records first gross profit as EV policy risks loom
RIVIAN Automotive recorded its first-ever quarterly gross profit to close out 2024, achieving a long-held goal even as it warned that policy shifts in Washington may weigh on its electric…
DOGE’s Website Is Just One Big X Ad
At a press conference in the Oval Office this week, Elon Musk promised the actions of his so-called Department of Government Efficiency (DOGE) project would be “maximally transparent,”…