Friday, August 08, 2025

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July 30, 2025 9:17 PM

Fed to hold rates steady despite Trump’s push for big cuts

The Federal Reserve is expected to leave interest rates unchanged on Wednesday, even as President Donald Trump continued to push the U.S. central bank to cut borrowing costs. Trump, who last week made a rare presidential visit to the Fed's headquart...

July 25, 2025 2:22 PM

White House touts Columbia deal, critics see dangerous precedent

Columbia University's agreement to pay more than $220 million to the U.S. government to resolve federal probes was not capitulation but a means to restore vital public funding, the university's acting president said on Thursday. But critics expresse...

July 25, 2025 9:43 AM

Trump says he wants Musk and his companies to thrive in US

President Donald Trump said on Thursday he would not destroy Elon Musk's companies by taking away federal subsidies and that he wants the billionaire tech entrepreneur's businesses to thrive. The remarks follow a public clash with his former close a...

July 23, 2025 11:52 PM

EU heading towards 15% tariff deal with US, EU diplomats say

The European Union is heading towards a trade deal with Washington that would result in a broad 15% tariff on EU goods imported into the U.S., avoiding a harsher 30% levy slated to be implemented from August 1, two EU diplomats said on Wednesday. Th...

July 23, 2025 11:06 AM

Trump pulls US out of UN cultural agency UNESCO for second time

President Donald Trump has decided to pull the United States out of the "woke" and "divisive" U.N. culture and education agency UNESCO, the White House said on Tuesday, repeating a move he took in his first term that was reversed by Joe Biden. The w...

July 22, 2025 12:06 PM

Trump releases Martin Luther King assassination files

The U.S. Justice Department on Monday released more than 240,000 pages of documents related to the assassination of Martin Luther King Jr., including records from the FBI, which had surveilled the civil rights leader as part of an effort to discredit...

July 21, 2025 5:40 PM

EU to ramp up retaliation plans as US tariff deal prospects dim

The European Union is exploring a broader set of possible counter-measures against the United States as prospects for an acceptable trade agreement with Washington fade, according to EU diplomats. An increasing number of EU members, including German...

July 18, 2025 12:31 PM

Trump asks for release of grand jury documents in Epstein case

U.S. President Donald Trump's administration will ask a court to allow the release of grand jury testimony in the case of deceased convicted sex offender Jeffrey Epstein, after some of his supporters reacted in fury to a report concluding there was n...

 

Last updated on: 8th Aug 2025