Bessent says Trump administration still pursuing ‘strong dollar policy’
Greenback rebounds after Treasury secretary rejects speculation that Washington is intervening to boost yen
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Federal Reserve signals no rush to cut rates as economy powers ahead
Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not ‘restrictive’
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The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
Trump’s federal troop deployment to U.S. cities is costing about $93 million a month, according to the Congressional Budget Office.
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Meta’s record sales boost shares 10% despite massive spending plans
Strong earnings appear to quiet demands from Wall Street to justify up to $135bn in capital expenditures
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Tesla trims car line-up in pivot to AI as annual revenue falls for first time
Elon Musk’s electric-car maker invests $2bn in the billionaire’s xAI