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President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it.
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Time magazine names ‘Architects of AI' as its person of the year for 2025 AP NewsThe Architects of AI Are TIME's 2025 Person of the Year Time MagazineTIME names Architects of AI its 2025 Person of the Year Austin American-StatesmanTime magazine names 'Architects of AI' as its person of the year for 2025 ABC NewsWill Trump
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Noem Faces Questions From House Panel Amid Immigration Crackdown The New York TimesLive updates: Kristi Noem defends Trump's immigration policies before departing early from hearing The Washington PostTop Democrat on House homeland security committee calls for Kristi Noem to resign as protester interrupts meeting - US politics live The GuardianHomeland Security Secy. Noem Testifies Before Congress C-SPAN
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Nobel Peace Prize Winner Machado Says U.S. Helped Her Leave Venezuela The New York TimesVenezuelan opposition leader says US helped her travel to Norway to accept Nobel Prize CNNInside the very tense, very wet secret mission to get María Corina Machado out of Venezuela CBS NewsVenezuelan Nobel laureate credits Trump for pressuring Maduro with ‘decisive' actions AP News
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Officials from Ukraine, U.S. and Europe to meet Saturday on Trump's plan Axios‘Pretty Strong Words' Used on Ukraine Call With European Leaders, Trump Says The New York TimesZelenskyy to hold urgent talks with 30 countries as Trump pushes for swift peace deal with Russia AP NewsTrump hits out at Ukraine and Europe as Russia peace talks drag NBC News
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From Iran to China to Venezuela - how seized tanker hid location BBCWhat Trump's latest dramatic Venezuela move means CNNUS lawmakers voice concerns about Venezuelan tanker seizure: ‘sounds a lot like the beginning of a war' - US politics live The GuardianTrump says the U.S. has seized an oil tanker off the coast of Venezuela NPR
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Brazilian President Luiz Inacio Lula da Silva wants his U.S. counterpart to arrest the Florida resident accused of being the South American country's biggest tax debtor.
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‘Trump Gold Card' launches, offering expedited immigration pathway with a $1 million fee CNNTrump launches $1m 'gold card' immigration visas BBCWhat to know about $1M Trump Gold Card visa program thehill.comWhat Is a Trump Gold Card? Applications Open for Million-Dollar Visas. The New York TimesTrump unveils Gold Card for fast-tracked U.S. residency for $1 million Axios
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Chinese exports to the United States continued to crater last month, but the drop was made up by booming sales in Southeast Asia and Europe.
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WHAT are Republican lawmakers in politics to achieve? Not many years ago, at the peak of their outrage over Barack Obama''s economic stimulus package, 'balanced budgets' might have featured in the answer. But the frenzied passage of the Tax Cuts and Jobs Act through Congress has revealed the insincerity of the party''s fiscal moralising. Republicans in Congress do not oppose government borrowing when it suits them. Rather, the overarching policy objective that unifies them is cutting taxes—and damn the fiscal consequences. Following the passage of the tax bill through the Senate in the early hours of December 2nd, Republicans are on the brink of achieving their goal.On November 30th budget scorekeepers unveiled a forecast for how much extra economic growth the tax bill might spark: enough to pay for about one third of its $1.5trn cost. Previously, Republicans might have viewed this projection as a triumph. They have long pressed for budget forecasts to include such 'dynamic' effects (see blog). But the score briefly seemed to imperil the bill. It undermined the absurd claim, made by the Republican leadership and the Trump administration, that tax cuts would pay for themselves in full. No serious economist ever thought this credible. Yet the official score seemed to blow Republicans'' ...
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