Federal Reserve officials at their meeting earlier this month worried that tariffs could aggravate inflation and create a difficult quandary with interest rate policy, minutes released Wednesday show. The summary of the May 6-7 meeting of the Federal Open Market Committee reflected ongoing misgivings about the direction of fiscal and trade policy, with officials ultimately…
Greek Prime Minister Kyriakos Mitsotakis and German Chancellor Friedrich Merz (not pictured) speak to the media following talks at the Chancellery on May 13, 2025 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images It would be challenging for NATO members to deliver on U.S. President’s Donald Trump’s defense spending demands, Greece’s…
Tom Bateman State Department correspondent Watch: ‘I think we’re doing very well with Russia’ US President Donald Trump has said he is finding it “more difficult, frankly, to deal with Ukraine” than Russia in attempts to broker peace between the two nations. The US is “doing very well with Russia”, and “it may be easier…
Paul Kirby Europe digital editor Reuters Ukraine’s president has few options now that the US has paused aid to Ukraine Ukraine’s Volodymyr Zelensky is in a bind. After last Friday’s disastrous meeting in the Oval Office, it seems nothing that he says goes down well with President Donald Trump. And now the US has suspended…
Single-stock ETFs betting heavily on Nvidia’s blistering rally plunged overnight, tracking losses in the chip darling’s shares, calling into question the reliability of the investment vehicle. The GraniteShares 2x Long NVDA Daily ETF (NVDL) fell over 33.78% overnight. The Direxion Daily NVDA Bull 2x Shares ETF (NVDU) and T-Rex 2X Long Nvidia Daily Target ETF…
If TikTok’s parent company, the Chinese firm ByteDance, is forced to sell the app, who would buy it? ByteDance has said a sale is not feasible. The Chinese government has indicated that it would block a sale if it includes the algorithm that makes TikTok extremely valuable. Even if Beijing were to allow a sale,…
