Fed keeps interest rates steady but sees two cuts for 2025

Central bank continues to ignore US President Donald Trump’s calls for immediate rate cuts

2024 saw US produce more than 1,000 new millionaires a day, UBS report says

Private individuals’ net worth rose 4.6% worldwide and by over 11% in the Americas thanks to a stable US dollar

Trump administration may add 25 more African countries to travel ban

African nations — including Zimbabwe, Malawi, Angola and DRC — make up majority of new list of 36 countries

Senate GOP’s tax bill proposals spark House backlash

Different versions of Trump bill could complicate the goal of passing it before a self-imposed July 4 deadline

Trump calls for Iran’s ‘unconditional surrender’

Israeli defence chief says Supreme Leader could face same fate as Saddam Hussein

US threatens ‘consequences’ if UN conference takes action against Israel

Démarche comes as France and Saudi Arabia prepare to co-host New York gathering on a future Palestinian state and ensuring Israel’s security

US troops have ‘power to detain, not arrest’ as LA protests spread

Protesters marched in New York, Atlanta and Chicago on Tuesday night, chanting anti-ICE slogans

Trump administration orders review of Aukus defence pact

The move is likely to alarm Australia, which sees the submarines as critical to its defence, and complicate UK’s defence planning

Scott Bessent tipped to replace Fed’s Powell

Though the White House has dismisses the report on the US treasury secretary as false

World Bank downgrades global growth forecast to 2.3% over trade wars

Advanced economies’ growth for 2025 lowered, poor countries facing prolonged recovery

Lutnick says US-China trade talks ‘going well’ on second day

Talks in London resume as both sides seek a breakthrough on export controls

California sues over National Guard as Trump guns for governor

US president, in condemning LA riots, even suggested California governor Gavin Newsom be arrested

SPECIAL REPORT: How the US justice department’s watchdogs were defanged by Trump

After fighting political corruption for nearly 50 years, the public integrity section has been stripped of its power

Trump warns of ‘serious consequences’ if Musk funds Democrats

US President Donald Trump ‘assumes’ relationship with Musk is over, ‘has no intention of speaking to him’

Trump and Musk to speak after trading insults on social media

‘Without me, Trump would have lost the election,’ Elon Musk wrote on X

Trump hits out at Musk as public feud escalates

Tesla CEO fires off critical responses on X, saying, ‘Without me, Trump would have lost the election’

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.