What Did Bessent Tell Russia About Sanctions And Ukraine
The two officials met Monday on the sidelines of the G20 finance ministers’ gathering in Asheville, North Carolina
Power & Capital Desk
Trump Brings Refiners To White House Over Rising Fuel Costs
The meeting will include Energy Secretary Chris Wright, Interior Secretary Doug Burgum and representatives from refiners and distributors of various sizes
Trump Administration Announces New Drug Pricing Deals With 9 Pharma Companies
The latest deals bring the total number of pharmaceutical companies participating in the administration's pricing initiative to 26, covering about 89% of the U.S. branded-drug market.
FTC Sues Amazon Over Alleged Manipulation Of Online Ad Prices
FTC Chairman Andrew N. Ferguson said the alleged conduct misled millions of advertising customers and ultimately contributed to higher costs for consumers.
Pentagon Adds Grok And ChatGPT To Military AI Platform
ChatGPT Mil will focus on document-heavy, unclassified work such as planning, policy, logistics and administration.
Trump Reports More Than 1,000 Stock Transactions In June
The disclosures have drawn criticism from Democrats and government watchdogs, who question whether Trump’s extensive trading activity creates potential conflicts of interest.
New U.S. Chip Tariffs Could Hit Data Centers And Consumer Electronics
The proposed duties could cover products built alongside advanced chips, including laptops, data center servers and gaming hardware
Canada Weighs Tariffs, Energy Restrictions In Trade Fight With Trump
Prime Minister Mark Carney is expected to impose matching tariffs on U.S. goods, potentially targeting steel, dairy, appliances, agricultural equipment, paper and electronics
Why Meta Agreed To A $17 Billion Settlement With States
The original 2023 lawsuit alleged that Meta deliberately encouraged children to remain engaged with its platforms while downplaying potential risks.
Trump Raises Threat Of 50% Tariffs On Canadian Autos
He accused Canada of taking advantage of the United States and said its tariff policies have harmed American farmers.
California Attorney General Halts Paramount-WBD Merger Talks
The meeting was intended to explore a possible settlement in California’s lawsuit seeking to stop the merger
What Is Trump’s New Financial Offensive Against Iran
Treasury Secretary Scott Bessent said the new campaign would target Iran’s economic lifelines and countries or entities helping Tehran move petroleum and finances.
US-Canada Trade Fight Deepens As Tariffs Hit Key Consumer Goods
Businesses now face the choice of absorbing higher costs, finding alternative suppliers or limiting imports
US Escalates Cuba Pressure With New Sanctions And Border Detentions
The measures also restrict companies involved in importing industrial equipment and automotive parts.
Bessent: Treasury Buyback Could Exceed Announced $4 Billion
Bessent said the department intends to “make a market” in longer-term securities, where yields have recently climbed sharply.
Crypto Markets Rally As Trump Presses Congress On Regulation
Trump also signaled possible regulatory attention toward Hyperliquid, a decentralized trading platform