Powell Resists Trump's Pressure, No Rate Cut in Sight as Fed Faces Internal Division
On July 30, Federal Reserve Chair Jerome Powell stated it's too early to determine whether a rate cu...
653 articles
On July 30, Federal Reserve Chair Jerome Powell stated it's too early to determine whether a rate cu...
U.S. President Donald Trump announced on July 30 that the United States and South Korea have reached a "comprehensive and complete" bilateral trade agreement. Under the new deal, the U.S. will impose a 15% import tariff on Korean goods, while American products will be exempt from South Korean tariffs and enjoy expanded market access.
On July 27, European Commission President Ursula von der Leyen and U.S. President Donald Trump jointly announced a new EU–U.S. trade agreement, covering multiple key sectors including energy, automobiles, and pharmaceuticals.
On July 27, European Commission President Ursula von der Leyen and U.S. President Donald Trump joint...
In Week 30, Bitcoin (BTC) hovered around $117,000 under robust capital flows and cautious selling pressure. Despite a modest pullback, trading activity and institutional demand remain strong. Key metrics suggest the market is neither euphoric nor panicked, but in a healthy equilibrium.
As global demand for fast, low-cost payments soars, U.S.-pegged stablecoins are reshaping both cross-border and domestic transactions. The recently advanced GENIUS Act in Congress provides a clear regulatory roadmap, marking the digital dollar's sprint into the traditional financial system.
On July 3, digital-asset giant Tether and South American agricultural-energy pioneer Adecoagro signed a memorandum of understanding to cooperate on Bitcoin (BTC) mining in Brazil using surplus renewable power. The initiative aims to boost energy-use efficiency, enhance grid stability, and support greater decentralization of the blockchain network.
According to Japan's Jiji Press, U.S. President Donald Trump renewed his pressure on Japan during a July 15 interview, demanding market access and removal of non-tariff barriers. Trump warned that if Japan refuses to comply, the U.S. will impose up to 25% "reciprocal tariffs" starting August 1. The threat comes just days before Japan's Upper House election, intensifying pressure on Prime Minister Shigeru Ishiba.
On July 14, Bitcoin crossed the $120,000 mark for the first time, setting a new all-time high. Within 24 hours, over 100,000 traders were liquidated. With institutional buying surging, favorable policy signals emerging, and the U.S. Federal Reserve possibly set to cut interest rates, multiple tailwinds have pushed market sentiment into overdrive. Some institutions now forecast Bitcoin to hit $200,000 by the end of the year. Analysts, however, urge caution, warning of potential pullbacks and looming macro "black swan" risks.
Once seen as the ultimate symbol of premium indulgence, Häagen-Dazs is now losing its grip on young consumers. As rational spending and value-for-money dominate the new consumption mindset, even long-time "ice cream royalty" finds itself out of favor. With declining store numbers and shrinking sales, Häagen-Dazs's struggle is not just a brand crisis—it's a wake-up call for the entire premium dessert category.
In recent years, Russia's banking sector enjoyed record profits and benefited from wartime stimulus ...
Following a 7,000-person layoff in May, Microsoft has announced another round of job cuts, planning to lay off about 9,000 employees—roughly 4% of its workforce. With AI being widely adopted in code generation and organizational management, the company is accelerating its structural overhaul. This marks one of Microsoft's largest workforce adjustments in recent years, reflecting how AI is reshaping roles across the tech industry.