Trump says Modi pledged India would stop buying Russian oil
Move could ease trade tensions between Washington and New Delhi, which have been in a stalemate since August
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CEOs of Wells Fargo and Pfizer caution the U.S. could lose its edge to China without innovation
Speaking at CNBC’s Invest in America Forum, the CEOs said the U.S. still leads in many sectors, but inconsistent policy and underinvestment is ceding ground.
Tariffs are pushing prices higher and consumers are feeling the hit, Fed’s Beige Book shows
Companies are caught between absorbing the costs or passing them onto customers, according to a Federal Reserve report.
US Treasury arranging fresh $20bn in debt market support for Argentina
Facility builds on previously announced $20bn swap line as Washington seeks to boost libertarian ally Javier Milei
UK proposes compensation scheme for victims of China bitcoin fraud
Crypto haul is at the centre of a High Court battle over a seizure of bitcoin now valued at £5bn
US warns world will ‘decouple’ from China if it imposes new export controls
Scott Bessent says Washington will retaliate if Beijing proceeds with policy on rare earths and critical minerals