U.S. President Donald Trump has long threatened to punish Moscow for its continued assault on Ukraine, yet when the time comes to act, he has repeatedly stopped short of unleashing the most punishing sanctions available to Washington. Russia, under Vladimir Putin, shows no inclination to halt its offensive, and Ukraine continues to suffer daily bombardments.…
A recent flurry of high-profile dismissals by President Donald Trump has set off alarms in Washington and beyond, raising a basic question about the health of American governance: why is the president apparently intent on expanding his control over traditionally independent institutions, and why has he turned to a strategy of rapid firings to get…
The U.S. economy registered a notable pickup in core inflation in July, with the personal consumption expenditures (PCE) index excluding food and energy rising to 2.9% year-over-year — the strongest reading since February. Behind the headline number is a convergence of forces: the delayed pass-through of import tariffs into consumer prices, persistent services inflation —…
India faces a sharp economic reckoning as new U.S. tariffs that push duties on many Indian goods to as much as 50% take effect. The move — framed by Washington as punitive measures tied to India’s continued purchases of discounted Russian oil — threatens major export sectors, supply-chain relationships and jobs, while raising difficult strategic…
Intel’s disclosure that the U.S. government will take a near-10% ownership stake has injected immediate uncertainty into the chipmaker’s outlook, with company filings warning the arrangement could prompt “adverse reactions” from investors, employees, customers and foreign governments — and could directly threaten a business that earns the bulk of its revenue outside the United States.…
As the year’s most critical shopping season approaches, America’s largest retailers are sending conflicting signals about their expectations. While some companies report strong momentum heading into the holidays, others are preparing for a slowdown in consumer demand. The divergence reflects a broader tension at the heart of the U.S. economy: households are willing to spend,…
Apple is reportedly accelerating its iPhone production in India, a move that industry observers say is tied not only to its long-term diversification strategy away from China but also to mounting political pressures created by U.S. President Donald Trump’s tariff regime. Based on source information and media reports, the company has stepped up output at…
When the U.S. government moved to ease restrictions and allow Nvidia to sell its H20 chips in China, many saw it as a turning point in the bruising technology conflict between the world’s two largest economies. Nvidia had been struggling under tightened export controls, and the green light from Washington appeared to offer the company…
The brief summit between U.S. President Donald Trump and Russian President Vladimir Putin in Anchorage ended without a ceasefire or concrete settlement, leaving a flurry of diplomatic activity and a high-stakes meeting scheduled in Washington between Trump and Ukrainian President Volodymyr Zelensky. With the public record vague and private talks continuing, diplomats and analysts say…
The Federal Reserve’s carefully plotted path toward interest rate cuts is facing fresh turbulence as an unexpected spike in wholesale prices raises new concerns about inflationary pressures in the U.S. economy. The latest data on the Producer Price Index (PPI) — a key measure of prices received by domestic producers for their goods and services…
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