Author: usaeverydaylife

Here are the opening calls for the dayHappy Friday from Singapore! Asia markets were poised to open higher heading into the weekends.Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 40,105 while its counterpart in Osaka last traded at 40,060, against the index’s last close at 39,901.19.Australia’s S&P/ASX 200 was also on track to start the day higher with futures tied to the benchmark at 8,650, compared with its last close of 8,639.Futures for Hong Kong’s Hang Seng index stood at 24,674, pointing to a stronger open compared with the HSI’s last close of 24,498.95.— Lee Ying ShanMajor stock…

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Federal Reserve Chairman Jerome Powell on Thursday formally replied to a set of pointed questions from the director of the White House Office of Management and Budget about the renovation of the Fed’s Washington headquarters.Powell pointed to a newly launched page on the Fed’s public website dedicated to answering questions about the project, which is over budget. He also batted down accusations by OMB director Russell Vought that the renovated buildings will feature luxurious amenities like a private elevator, VIP lunch rooms or a rooftop garden.”The Board believes it is of the utmost importance to provide transparency for our decisions and…

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, bitcoin trades flat while ether and XRP rise. Plus, Coinbase announces an ‘everything app’ to replace the Coinbase Wallet. And, Rep. Bryan Steil (R-Wisc.) discusses the House’s plans to pass crypto regulation bills after an hours-long delay. Source link

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Doug Burgum, U.S. Secretary of the Interior speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025David A. Grogan | CNBC Solar and wind projects that need federal permitting will face even closer scrutiny by the Trump administration, with Interior Secretary Doug Burgum now making the final decision on whether they proceed on U.S.-owned lands.Burgum will now have “final review” of leases, rights-of-way, construction plans and every other aspect of the Interior Department’s federal permitting process for wind and solar projects, according to an internal memo published by the department on…

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U.S. Attorney General Pam Bondi discusses a drug enforcement-related announcement during a press conference at DEA Headquarters in Arlington, Virginia, U.S., July 15, 2025. Umit Bektas | ReutersThe Department of Justice on Thursday asked California sheriffs for data on their inmates who are not U.S. citizens — including the crimes they committed and their release dates — in the latest escalation of President Donald Trump’s mass-deportation plans.The federal law enforcement agency said it told sheriffs in Los Angeles, San Francisco and other California counties to turn over “lists of all inmates in their jails who are not citizens of the…

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U.S. consumers have proved economic pessimists wrong multiple times over the last few years, and they appear to be on their way to doing that again this summer. The June retail sales data came in hotter than expected, rising 0.6% month over month, the Census Bureau said Thursday. That easily topped the 0.2% monthly gain expected by economists, according to Dow Jones, and helped offset declines in prior months that were weighed down by weak auto sales. “Consumers are flexing their spending muscle again. After May’s slump, a 0.6% jump in retail sales shows that the American shopper is alive…

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White House Press Secretary Karoline Leavitt holds a press briefing at the White House in Washington, D.C., U.S., July 17, 2025. Nathan Howard | ReutersPresident Donald Trump “would not recommend a special prosecutor” to review the handling and files of the criminal case against the late serial sexual abuser Jeffrey Epstein, the White House said Thursday.Even so, Trump “is in agreement with some of the leaders on Capitol Hill that if” Attorney General Pam Bondi and the Justice Department “come across any other credible evidence, they should provide that to the American people,” White House press secretary Karoline Leavitt told…

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