China, US Lower Tariffs On Agriculture, Appliances And Consumer Goods
China’s Commerce Ministry said the truce extension would provide a more stable environment for businesses and allow further negotiations.
Power & Capital
Where state power meets the boardroom. Power & Capital is TIPP Insights' daily geoeconomic brief. We decode tariffs, sanctions, supply chains, energy, and global risk for the people who run companies. Five sharp stories every weekday, anchored by the monthly TIPP Geoeconomic Risk Index. Read it for what the headlines actually cost the bottom line.
Jury Rules Facebook Misled New Mexico Users About Privacy Protections
The case, filed by New Mexico in 2021, followed revelations that Cambridge Analytica had obtained data from as many as 87 million Facebook users.
New York Sues Polymarket Over Alleged Illegal Gambling Operation
Her office is seeking a court order to halt the alleged operations, impose penalties and recover what it describes as illegally obtained gains.
Beijing Turns To Germany Amid Growing EU-China Trade Tensions
Germany’s trade deficit with China also widened to about €55 billion, while German exports to China fell more than 12%.
Watch: Trump Rechristens AI As 'Super Intelligence' In UN Address
Trump argued that the current moniker makes the revolutionary technology sound "fake".
What Do Soybeans, Boeing Planes And Rare Earths Reveal About US-China Trade
China has made the most visible progress on soybeans, purchasing nearly half of a pledged 25 million tons
The EPA Just Removed A Billion-Dollar Barrier To Reliable Power
The Environmental Protection Agency’s repeal of the 2024 greenhouse gas standards for power plants does exactly that, according to the EPA.
California Governor Newsom Orders New AI Safety Review
Potential measures include requiring independent third parties to prepare safety plans for frontier AI companies and requiring emergency shutdown systems for AI models.
New Report Raises Questions Over Fed’s Handling Of Silicon Valley Bank Risks
Consulting firm Starling Advisory Group conducted the review, which goes further than a 2023 internal assessment led by former Fed supervisory chief Michael Barr
Why Is Trump Approving A $24.3 Billion F-35 Deal With Saudi Arabia
The package includes the Lockheed Martin aircraft, 49 Pratt & Whitney engines and additional equipment, according to the State Department
Tokenized Stocks Move Closer To US Markets Under New SEC Pathway
Under the five-year Innovation Exemption, token holders must receive the same rights as traditional shareholders, including dividends and voting privileges.
Mark Carney Defends Closer Canada-EU Ties Amid Trump Tensions
Carney identified climate change, trade pressures and concerns over democratic norms as challenges requiring greater cooperation
Fed Raises Interest Rates By 25 Basis Points
Federal officials have indicated that another rate increase could come before the end of the year, potentially taking rates as high as 4.5%.
EPA Moves To Scrap Biden Power Plant Rule, Saying Federal Law Doesn’t Allow Climate Change Regulations
The EPA estimates that the rescission of the Biden greenhouse gas regulations will save consumers $310 billion.
Trump Administration Plans $2.8 Billion Bomb Sale To Israel
The proposed package includes 20,000 MK-84 bombs and 20,000 BLU-117 bombs, along with 20,000 I-2000 penetrator warheads.
‘ANTI-DEMOCRATIC’: Nonprofits That Received Tax Dollars Unite To Oppose Rules Cracking Down On Waste, Fraud, And Abuse
The White House Office of Management and Budget proposed the reforms to crack down on the wasteful and ideological spending of taxpayer dollars exposed by the Department of Government Efficiency.