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Mexico Slams U.S. Money-Laundering Charges Against Banks
President Trump’s vow to “wage war” on drug cartels has resulted in bombshell accusations of money laundering against three Mexican financial institutions — allegations that sparked a defiant pushback from Mexican President Claudia Sheinbaum.

By The Financial District
Jul 21 min read


Sotomayor Tells SC Majority: None Of Your Rights Are Safe
The Trump administration set a trap for the court, and the conservative justices walked right into it.

By The Financial District
Jul 22 min read


Trump Says Harvard Funding Must End After It Failed To Protect Jewish Students
Harvard University failed to protect Jewish students from harassment, the Trump administration concluded after an investigation, threatening to cut all federal funding from the Ivy League school if it fails to take action.

By The Financial District
Jul 21 min read


Norway Pension Fund Dumps Two Defense Firms Over Israeli Military Ties
Norway’s largest private pension fund has excluded two defense companies from its portfolio, citing their links to the Israeli military and the war in Gaza.

By The Financial District
Jul 21 min read


Immigrants Scramble For Clarity After SC’s Birthright Citizenship Ruling
A U.S. Supreme Court ruling related to birthright citizenship has sparked widespread confusion among immigrants and legal advocates.

By The Financial District
Jul 21 min read


SC Affirms Trump’s Executive Power By Limiting Nationwide Injunctions
Continuing its deference to the presidency, the U.S. Supreme Court has further expanded executive authority, ruling that federal judges cannot issue nationwide injunctions.

By The Financial District
Jul 21 min read


European Stocks Outperform U.S. Peers By Widest Margin On Record
European stocks outperformed their U.S. peers by the widest margin on record in dollar terms during the first half of 2025.

By The Financial District
Jul 21 min read


California Closes $12-B Budget Deficit By Scaling Back Immigrant Healthcare
California Governor Gavin Newsom has signed a budget that rolls back several progressive initiatives—including a landmark health care expansion for low-income immigrants without legal status—in order to close a $12 billion deficit.

By The Financial District
Jul 11 min read


Trump May Name New Fed Chair Early — But It Will Confuse Markets
When it comes to the Federal Reserve, President Trump can’t get no satisfaction. He wants the Fed to cut interest rates, and it continually declines to do so.

By The Financial District
Jul 12 min read


Trump Tax Bill To Add $3.3 Trillion To National Debt, Says Budget Office
The Senate has begun its marathon debate over President Donald Trump’s package of legislative priorities.

By The Financial District
Jul 12 min read


PSE Index Climbs To Milestone, Led By Conglomerates And Property Stocks
The Philippine Stock Exchange (PSE) Index closed at a milestone level today, rising 58.91 points or 0.93% to end at 6,423.85—its intraday high.

By The Financial District
Jul 12 min read


Canada Slaps Quota On U.S. Steel Imports After Trump Scuttles Trade Talks
President Donald Trump said that he had terminated trade discussions with Canada, citing an incoming Canadian tax on tech companies, including those based in the U.S.

By The Financial District
Jul 11 min read


Trump Net Approval Hits New Low In Economist/YouGov Poll
President Trump’s net approval rating has hit a new low in the latest Economist/YouGov poll, taken as he moved to involve the U.S. in conflict in the Middle East.

By The Financial District
Jul 11 min read


Home Depot Wants to Dominate Building Supply Business With $5B Buyout Of GMS
Home Depot is buying specialty building products distributor GMS for $4.3 billion, the second notable acquisition in a little over a year that emphasizes a deliberate push by the home improvement chain into the building and materials supply business.

By The Financial District
Jul 11 min read


Putin Scales Back Military Spending As Russia Teeters On Recession
Russian President Vladimir Putin has announced plans to reduce military spending after top Kremlin officials warned that Russia is “on the brink of recession."

By The Financial District
Jul 11 min read


Lotus Considering Shifting UK Production To U.S.
Sports car manufacturer Lotus is considering ending production at its historic U.K. facility in favor of building a new plant in the U.S.

By The Financial District
Jul 11 min read


Warren Buffett Donates Record $6-B In Berkshire Shares
Warren Buffett has donated another $6 billion of Berkshire Hathaway stock to the Gates Foundation and four family charities.

By The Financial District
Jul 11 min read


Justice Jackson Rips U.S. High Court Decision On Birthright Citizenship
Supreme Court Justice Ketanji Brown Jackson accused the Court’s conservative majority of accelerating the “demise” of government institutions by handing President Donald Trump a significant victory in a decision on birthright citizenship.

By The Financial District
Jul 11 min read


China Is Top Buyer Of Iranian Oil—But It Isn’t Vulnerable To Conflict
China imports about a fifth of Iran’s oil—more than any other country—but it may not be the hardest hit if Tehran’s daily exports of one to two million barrels are disrupted.

By The Financial District
Jul 12 min read


Newsom Sues Fox News For Saying He Lied About Call With Trump
California Governor Gavin Newsom is suing Fox News, accusing the network of defamation over its coverage of a phone call he allegedly had with President Trump this month.

By The Financial District
Jul 11 min read


Elon Musk Calls Trump Megabill "Political Suicide" For Harming Jobs, Economy
Billionaire Elon Musk, former adviser to President Trump on government spending cuts, launched a fresh wave of criticism against the president’s legislative package, warning that it could destroy millions of American jobs.

By The Financial District
Jul 11 min read


U.S. Allows Ethane To Be Shipped To China But Not Unloaded Without Permission
The U.S. has sent letters to Enterprise Products and Energy Transfer, informing the companies that they could load ethane on vessels destined for China but could not unload the ethane there without authorization.

By The Financial District
Jul 11 min read


China Signs First Argentine Soymeal Deal In Six Years
Chinese companies have signed their first soymeal import deal with Argentina since Beijing approved such imports in 2019.

By The Financial District
Jul 11 min read


U.S. Stocks Add A Bit More To Their All-Time High
US stocks are adding to their record highs on Monday as Wall Street nears the end of a second straight winning month.

By The Financial District
Jul 12 min read
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