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Today: July 25, 2025
Today: July 25, 2025

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The Latest: Trump signs bill canceling $9 billion in public broadcasting funding and foreign aid

President Donald Trump has signed a bill rescinding nearly $9 billion in federal funding previously approved for public broadcasting and foreign aid

The Latest: Trump signs bill canceling $9 billion in public broadcasting funding and foreign aid
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Fed chair tells Trump he has his facts wrong on central bank's renovation costs

As president, Donald Trump doesn't get a lot of pushback, but he got some Thursday from Federal Reserve Chairman Jerome Powell about the renovation costs of the Fed's headquarters

Fed chair tells Trump he has his facts wrong on central bank's renovation costs
Business|Economy|Political|World

Lula says the US has ignored Brazil’s attempts to negotiate Trump's announced tariff

Brazilian President Luiz Inácio Lula da Silva says that his government has not been successful in trying to negotiate the 50% tariff on Brazilian imports that U.S. President Donald Trump announced earlier this month

Lula says the US has ignored Brazil’s attempts to negotiate Trump's announced tariff
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Trump and Powell bicker over Fed building renovations as president ratchets up pressure campaign

After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front door on Thursday, publicly scorning the central bank chief over the ballooning costs of a long-planned building project

Trump and Powell bicker over Fed building renovations as president ratchets up pressure campaign
Business|Economy

How Trump could use a building renovation to oust Fed Chair Powell

President Donald Trump says he's found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project

How Trump could use a building renovation to oust Fed Chair Powell
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ECB policymakers set high bar for Sept rate cut, sources say

European Central Bank policymakers are setting a high bar for an interest rate cut in September and they would need to see a significant deterioration in growth and inflation

ECB policymakers set high bar for Sept rate cut, sources say
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Trump tariffs wreaking havoc in Brazil's citrus belt

U.S.

Trump tariffs wreaking havoc in Brazil's citrus belt
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Toy makers nix batteries, other materials to save costs during tariff war

By Arriana McLymore and Nicholas P.

Toy makers nix batteries, other materials to save costs during tariff war
Business|Economy|Finance|Technology|World

In earnings season, it's AI good, everything else, not so much

Businesses focused on artificial intelligence are raking it in so far this earnings season. Those catering to actual people, less so.

In earnings season, it's AI good, everything else, not so much
Business|Economy|Environment|World

Australia relaxes curbs on US beef imports that angered Trump

Australia will ease restrictions on beef imports from the United States, the country's agriculture ministry said on Thursday, potentially

Australia relaxes curbs on US beef imports that angered Trump
Business|Economy|Political|Science|Technology|World

The Latest: House lawmakers vote to subpoena all Epstein-related files from Justice Department

A subcommittee of the House Committee on Oversight has voted to subpoena the Department of Justice for files in the sex trafficking investigation into Jeffrey Epstein

The Latest: House lawmakers vote to subpoena all Epstein-related files from Justice Department
Business|Economy|Finance|Stock Markets|Technology

Mattel cuts 2025 forecast after two-month pause, hurt by tariff uncertainties

Toymaker Mattel cut its annual forecast, reinstating it after two months, and posted a sharp drop in second-quarter revenue on Wednesday, as weak Barbie sales in North

Mattel cuts 2025 forecast after two-month pause, hurt by tariff uncertainties
Business|Economy|Technology|World

Detroit automakers object to Trump’s trade agreement with Japan

Detroit automakers object to Trump’s trade agreement with Japan

Detroit automakers object to Trump’s trade agreement with Japan
Business|Economy|Finance|Stock Markets|Technology|World

Brazil's WEG reports second-quarter earnings miss amid geopolitical uncertainty, shares fall

Brazilian motor maker WEG reported on Wednesday a 10.4% rise year-on-year in its second-quarter net profit, but missed market forecasts amid what it called elevated volatility in

Brazil's WEG reports second-quarter earnings miss amid geopolitical uncertainty, shares fall
Business|Economy|Environment|Science|Technology

GE Vernova raises annual forecasts, beats second-quarter profit estimates

Power equipment maker GE Vernova raised its full-year free cash flow forecast and beat Wall Street estimates for second-quarter profit on Wednesday, sending

GE Vernova raises annual forecasts, beats second-quarter profit estimates
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Trump strikes tariff deal with Japan, auto stocks surge

U.S.

Trump strikes tariff deal with Japan, auto stocks surge
Business|Economy|Finance|Science|Stock Markets|Technology

Texas Instruments shares sink as tariff risks cloud chip demand outlook

Texas Instruments shares sank 11% on Wednesday after executives adopted a markedly cautious tone and issued a weak quarterly profit forecast, intensifying investor concerns

Texas Instruments shares sink as tariff risks cloud chip demand outlook
Business|Economy|Finance|Science|Technology

Intel's chip contracting plan in spotlight on earnings day

Faced with slumping quarterly sales and a burgeoning loss, Intel shareholders will want to know new CEO Lip Bu-Tan's plans for the chipmaker's nascent contract

Intel's chip contracting plan in spotlight on earnings day
Asia|Business|Economy|Political|World

Key facts on the US-Japan tariff deal

U.S. President Donald Trump and Japanese Prime Minister Shigeru Ishiba on Wednesday said they had struck a trade deal that will include a 15% tariff on U.S. imports from Japan.

Key facts on the US-Japan tariff deal
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Hasbro lifts annual revenue forecast on strong demand for "Magic: The Gathering" games

Hasbro raised its annual revenue forecast on Wednesday, as the toymaker leans on strength of "Magic: The Gathering" games and cost-cutting efforts to weather the impact from mounting

Hasbro lifts annual revenue forecast on strong demand for "Magic: The Gathering" games
Business|Economy|Finance|Stock Markets

Surprise Japan trade deal gets others' hopes up

A look at the day ahead in European and global markets from Stella Qiu Just as U.S. corporate earnings are starting to show some negative impact from higher tariffs, President Donald Trump stole

Surprise Japan trade deal gets others' hopes up
Arts|Asia|Business|Economy|Environment|Finance|Stock Markets|World

Reaction to U.S. trade deal with Japan

President Donald Trump said the U.S. and Japan have struck a deal that will lower the hefty tariffs Trump had threatened to impose on goods from its Asian ally while extracting commitments

Reaction to U.S. trade deal with Japan
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Luxury heavyweights struggle to shake off shopper fatigue

LVMH and Kering are expected to report another drop in quarterly sales, deepening investor worries about a prolonged downturn in the $400 billion luxury market as

Luxury heavyweights struggle to shake off shopper fatigue
Business|Economy|Finance|Technology

TE Connectivity projects robust fourth quarter, reports upbeat quarterly results

TE Connectivity issued an upbeat forecast for the fourth quarter on Wednesday, following better-than-expected third-quarter profit and revenue results driven by strong

TE Connectivity projects robust fourth quarter, reports upbeat quarterly results

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