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Trump warns Fed Chair Powell of a “massive lawsuit” and presses for an interest rate reduction
On Tuesday, August 12, President Donald Trump threatened to pursue a “major lawsuit” against Federal Reserve Chair Jerome Powell, intensifying pressure on the central bank chief to cut current interest rates.
AI and the New Wave of Billionaires: The Fastest Wealth-Building Frenzy of the Century
In less than two years, artificial intelligence has gone from a disruptive innovation to the world’s fastest billionaire factory. This is not just a tech revolution it’s a high-velocity wealth explosion reshaping the global economic order.
Ahead of the Trump - Putin Meeting: Europe Signals Support for Ukraine
This scenario has prompted European leaders to deliver a unified message: any peace process must involve Ukraine and uphold the principle of national sovereignty, particularly the rule that “borders must not be altered by force.”
U.S. Imposes 50% Tariff on India over Russian Oil Purchases: Strategic Shift or Risky Gamble
On August 6, 2025, Trump signed an executive order imposing an additional 25% tariff, raising the total tariff on Indian goods to 50%.
Other articles
US Trading Giant Jane Street Under Fire in India Over Alleged Market Manipulation
US firm Jane Street faces a trading ban in India for allegedly rigging prices in Bank Nifty derivatives. Here's what happened, its impact on retail investors, and what it means for financial markets.
Samsung Heir Lee Jae-yong Acquitted of Fraud Charges, Stock Rallies on Court Verdict
Samsung boss Lee Jae-yong has been cleared of fraud charges by South Korea’s Supreme Court, ending a years-long legal battle. Investors responded positively, sending Samsung shares higher amid hopes of leadership stability.
10 Million Americans Ordered to Stay Indoors as Heatwave and Storms Trigger Widespread Alerts
Over 10 million Americans are under stay-at-home alerts as extreme heat and severe storms grip the nation, disrupting daily life and financial markets.