Jerome Powell's term as Federal Reserve chair ends today, making the leadership transition at the central bank the dominant U.S. economic story. Markets are watching closely for signs of how a new cha

President Trump says Iran’s response to the U.S. ceasefire proposal is totally unacceptable, raising the risk of a wider confrontation. Iran says the U.S. is making unreasonable demands and insists it

As America approaches its 250th anniversary, the 2026 midterm elections are shaping up to be a critical test of political power, with the Supreme Court's decision to strike down Louisiana's congressio

President Trump's promised bumper year for economic growth in 2026 has begun with disappointing job numbers, contradicting earlier optimism. Reports highlight a shaky start amid ongoing policy shifts

The European Union has failed to reach an agreement on a trade deal with the United States, heightening risks of backlash from President Trump including tariff threats. EU Commission President Von der

As 2026 begins, gridlock in the 119th Congress contrasts with the Trump administration's heavy reliance on executive orders for tariffs, agency restructuring, and military actions after limited 2025 l

US President Trump has announced a 25% tariff on EU cars and trucks, accusing the bloc of failing to comply with prior trade deals. He is also withdrawing 5,000 active-duty US troops from Germany amid

International oil prices reached their highest intraday level since 2022, impacting Europe's economy amid ongoing geopolitical tensions. This spike exacerbates energy costs for EU households and indus

President Trump promised 2026 would be a strong economic year, but the nation has experienced job losses, rising gasoline prices, and continued uncertainty instead. Affordability has emerged as the to

On May 1, the EU-Mercosur trade agreement begins provisional application, cutting tariffs on key EU exports like cars, pharmaceuticals, and agri-food products to Argentina, Brazil, Paraguay, and Urugu

The Asia-Pacific region in 2026 is defined by escalating competition between the United States and China over strategic maritime chokepoints, including Taiwan, the South China Sea, and the Straits of

The Council of Economic Advisers released the 2026 Economic Report of the President, providing a comprehensive review of economic policies and their impact on current and future conditions across 14 k