Truth That Shapes Tomorrow: Accurate and Objective
Federal Reserve Bank President Alberto Musalem signaled caution on the U.S. economy, warning that inflation remains stubbornly above the central bank’s target while early cracks are emerging in the labor market.
China will send Foreign Minister Wang Yi to New Delhi next week, in a fresh effort to ease long-standing tensions with India amid shifting global trade dynamics.
U.S. President Donald Trump announced Monday that he is working to bring Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin together for direct talks. The proposal emerged after a White House summit with Zelensky and several European leaders, during which Trump said he had also spoken with Putin by phone
U.S. stocks came under pressure Friday after a hotter-than-expected inflation report rattled investor confidence and cast doubt on the Federal Reserve’s ability to cut rates as soon as September.
In a bold move shaking up the tech industry, Aravind Srinivas — the Indian-origin CEO of Perplexity AI — has reportedly made a $34.5 billion all-cash offer to acquire Google Chrome, according to a Reuters report.
India has taken a historic step aimed at reducing reliance on the US dollar in international trade. The government has issued an official circular allowing BRICS countries—and select other nations—to conduct trade fully in Indian rupees. Analysts believe this move could accelerate a shift away from the dollar as the world’s dominant currency.
Moody’s Analytics chief economist Mark Zandi warns the US economy is “on the precipice of recession.” Tariffs, immigration policies, and…