Warsh Confronts Inflation and Political Pressure in Early Fed Leadership
Kevin Warsh begins his Federal Reserve chairmanship amid persistent inflation, a stable labor market, and intense political scrutiny, as the Fed faces crucial policy decisions.
Latest news
Markets & Macro
Markets & Macro
China’s Retail Sales Decline Amid Rising Dependence on Export-Driven Growth
China’s retail sales dropped for the first time since late 2022 as exports bolster factory output but weak domestic demand and property slumps raise concerns about the economy’s uneven recovery.
AI & Tech Regulation
Stanley Woodward Takes Command of Justice Department’s Antitrust Division
Stanley Woodward assumes full authority over the DOJ’s Antitrust Division, centralizing control over major merger reviews and Big Tech enforcement under senior leadership.
Trade & Tariffs
Canada Describes USMCA Talks with Washington as Constructive amid Upcoming Review
Canada reports that negotiations with the United States on USMCA and tariffs are advancing with cooperation and respect, focusing on key sectors ahead of the mid-2026 review.
Corporate Power
AI Startup Expands by Acquiring Consumer Apps to Pay Users for Data Contributions
Mode Inc is growing its reach through acquisitions, aiming to pay everyday users for sharing personal data like emails and photos to train artificial intelligence.
Defense & Security
Iran and U.S. to Finalize Deal Addressing Nuclear Dispute and Sanctions Lift
Iran and the U.S. are set to sign a phased agreement that will resolve nuclear issues, lift sanctions, and include a ceasefire involving Israel and Lebanon’s Hezbollah.
Corporate Power
IREN Expands Into Europe with Acquisition of Spanish AI Data Center Developer
Bitcoin miner IREN acquires Nostrum Group in Spain, securing 490 MW of power to boost its AI cloud infrastructure and strengthen its European presence.
Crypto & Fintech
How AI Agents Integrating Crypto Wallets Could Transform Financial Automation
Emerging AI agents are beginning to autonomously manage crypto wallets, enabling automated DeFi portfolio oversight, payments, and decentralized finance interactions beyond simple advice.
Trade & Tariffs
Cuba’s Key Remittance Platform Halts Operations Amid Intensified US Sanctions
The closure of Envioscuba.com disrupts essential remittances and deliveries to Cuban families, deepening the island’s economic crisis under tightened US sanctions.
Trade & Tariffs
EU Targets Russian Military and Shadow Fleet with New Sanctions Expansions
The European Union imposed sanctions on 34 individuals and 47 entities linked to Russia’s military-industrial complex, shadow fleet shipping, and propaganda networks to increase pressure amid ongoing conflict.