Producer Prices Surge, Undermining Trump's 'Solved' Inflation Claim
A sharp, unexpected jump in wholesale prices complicates the White House's economic narrative and its pressure campaign on the Federal Reserve for rate cuts.
A sharp, unexpected jump in wholesale prices complicates the White House's economic narrative and its pressure campaign on the Federal Reserve for rate cuts.
As the Trump administration ratchets up pressure on Tehran, experts warn that military action aimed at halting Iran's nuclear program could backfire, potentially accelerating proliferation worldwide and unraveling the non-proliferation regime.
The Trump administration's AI Action Plan sets a strategic direction, but analysts argue its success hinges on aggressive private sector investment in workforce training to avoid leaving millions of workers behind in the coming technological shift.
A routine commute in Minneapolis turns into a biometric checkpoint, spotlighting the advanced surveillance tools—from facial recognition apps to vast data networks—now central to federal immigration enforcement. As operations intensify, questions mount over privacy, oversight, and the line between targeted enforcement and dragnet surveillance.
Reports of U.S. officials meeting with Alberta independence advocates have ignited a diplomatic row, as Canada's western province weighs a contentious push for sovereignty with an eye toward Washington.
Amid renewed threats of steep US tariffs, South Korean officials are scrambling to salvage a key trade deal, with high-level talks in Washington failing to yield an immediate breakthrough.
Bishkek moves to engage Brussels after reports emerge that the EU is preparing to deploy its new anti-circumvention tool, targeting Kyrgyzstan's role as a conduit for goods to sanctioned Russia.
Robinhood is positioning itself at the center of three major financial shifts: potentially administering new federal savings accounts, vying for a key role in SpaceX's blockbuster IPO, and expanding into tokenized assets. This strategic pivot could redefine the fintech's role from a trading app to a core financial infrastructure player.
Mexican President Claudia Sheinbaum announces plans to send food and essential supplies to Cuba, vowing to pursue diplomatic channels for fuel shipments despite recent U.S. sanctions threats.
All known American citizens detained in Venezuela have been freed by the interim administration, marking a significant shift following the political transition after former President Maduro's extradition.
Iran’s foreign minister says missile programme not up for negotiation as Trump says sending more ships to the region.
U.S. oil giants ExxonMobil and Chevron hinted at a potential future role in Venezuela's energy revival during earnings calls, emphasizing the need for legal stability and clearer political outcomes before any major commitments. While sanctions ease and new legislation emerges, the path to significant investment remains long and fraught with uncertainty.
U.S. stocks extended losses into a third session as investors weighed the potential implications of Kevin Warsh's nomination to lead the Federal Reserve, capping a volatile week of trading.
In remarks that now appear pointed, Fed Chair Jerome Powell robustly defended the central bank's personnel and economic frameworks just days before former Governor Kevin Warsh, a vocal critic, was nominated to potentially succeed him.
A campaign-trail proposal to temporarily cap credit card interest at 10% could offer significant savings for millions of borrowers, but experts warn of potential unintended consequences for credit access and long-term financial health.
Kyiv expresses gratitude for a reported week-long halt to strikes on major cities brokered by the U.S. president, as freezing temperatures exacerbate the humanitarian situation. Moscow remains silent on the alleged agreement.
Venezuelan oil exports jumped to nearly 800,000 barrels per day in January, rebounding from a low of 498,000 bpd in December, following a U.S. policy shift that allowed key traders to resume shipments, according to tanker tracking data.
President Trump's selection of Kevin Warsh to lead the Federal Reserve has bolstered the dollar and triggered a sharp sell-off in gold and silver, raising questions about the future of the metals trade amid shifting monetary policy expectations.
Crude oil benchmarks plunged over 7%, with Brent near $66 and WTI around $62, as President Trump's comments eased fears of a U.S.-Iran conflict and a sell-off in metals markets spilled over. Analysts suggest the drop reflects a rapid unwinding of risk premiums rather than a fundamental change in supply dynamics.
The American-born pontiff has issued a public plea for peace amid reports of a covert U.S. plan to destabilize Cuba's government, marking his latest critique of Trump-era foreign policy.