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Federal Reserve maintains interest rates despite pressure from Trump

The Federal Reserve opted to keep interest rates steady, maintaining the Fed funds rate between 4.25% and 4.5%, a range it has held since December. This decision comes amid growing economic uncertainty linked to Trump’s ongoing trade disputes. In their recent policy statements, Fed officials noted increasing risks of rising inflation and unemployment, highlighting that […]

Federal judge appointed by Biden directs Trump administration to relocate 12,000 migrants

A federal judge recently mandated that the Trump administration expedite the resettlement of approximately 12,000 refugees in the U.S., in response to a court order that partially overturns the executive order aimed at suspending refugee enrollment. US District Judge Jamal Whitehead, appointed by former President Joe Biden in 2023, issued this ruling despite a prior […]

Today’s stock market: Futures for Dow, S&P 500, and Nasdaq increase as US-China trade discussions and Federal Reserve interest rate decision take center stage.

Disney Announces New Theme Park in the Middle East Disney has unveiled plans for a new theme park in the Middle East. This announcement, made on Wednesday, reveals that the park will be located in Abu Dhabi, United Arab Emirates, marking the company’s first significant foray into this region and its seventh resort worldwide. This […]