U.S. Federal Reserve Chairman Jerome Powell said in his Jackson Hole speech this week that rates could be lowered in mid-September if the August inflation rate doesn't rebound.
The news came amid President Donald Trump's pressure on the central bank, in addition to the order to fire Fed Governor…
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United States
Intel sells 10 % of its shares to the US government
Intel CEO Lip-Bu Tan announced the sale of 10 % of its shares to the US government, representing an investment of $8.9 billion.
Last week, President Donald Trump stated at a press conference that Intel, the semiconductor manufacturer,…
The United States signs a Safe Third Country agreement with Paraguay
Paraguay has become the first country in Latin America to sign a Safe Third Country agreement with the United States, meaning that Paraguayans currently on US soil will be able to apply for protection from their country of origin.
This was…
Gold will not face tariffs
The implementation of tariffs imposed by the US President Donald Trump on various countries sparked fear, specifically regarding gold. However, he said this Monday that the precious metal will be tariff-free.
As you may recall, "last week,…
Trump extends China tariffs deadline by 90 days
The application of Donald Trump's tariffs on China was extended for another 90 days after the President of the United States signed the corresponding executive order on Monday, August 11.
Trump's decision follows the last round of talks…
Apple to make million-dollar investment in the US
As a way to avoid US President Donald Trump's tariffs, which also affect the technology sector, Apple announced a $100 billion investment in the country.
The initiative will also be aimed at boosting domestic production, the technology…
European Union suspends tariff countermeasures against the US for six months
The US president had announced a package of 30 % tariffs on imports of European Union products starting August 1.
Following the agreement reached between the parties, it was learned that the EU will pause for six months "the two packages…
The United States and the EU signed a mutually beneficial trade agreement
The United States and the European Union signed a trade agreement on a unified 14 % tariff to be applied to most sectors, including automotive, semiconductors, and pharmaceuticals.
"According to the EU, this unified tariff provides greater…
Bank of America is ready to launch its own stablecoin
Bank of America recently unveiled a strategy focused on the virtual currency segment, making clear the bank's desire to launch its own stablecoin.
In this regard, BofA CEO Brian Moynihan confirmed last week that the company is in the…
Trump announces a 50 % tariff on copper
Amid new announcements related to tariffs on various countries and economic activities, US President Donald Trump included a 50 % tax on copper imports.
In a meeting with his cabinet on Tuesday, July 8, Trump announced this new tariff "on…
OFAC extends license for gas delivery and offloading in Venezuela
The U.S. Department of the Treasury extended gas delivery and offloading in Venezuela until September 7 through General License No. 40D, issued by the Office of Foreign Assets Control (OFAC).
The new license replaces license 40C and…
Key crypto regulation laws in the US could be ready in September
The United States approved a new legal timeline that could lead to the passage of the Clarity and Genius Acts, the crypto market structure and stablecoin laws, respectively, in September of this year.
This was indicated by White House…