US economy

Donald Trump announced that his administration is rolling back fuel economy standards for cars introduced under Joe Biden. The rules, which required automakers to improve vehicle efficiency, were a centerpiece of Biden's climate policy. The rollback is likely to ease regulatory pressure on US carmakers but draw criticism from environmental groups concerned about emissions.

The US Federal Reserve has voted to keep interest rates unchanged as new figures show inflation climbing to its highest level in three years. The decision keeps borrowing costs at their current level despite persistent price pressures. Analysts are watching closely for signals on when the central bank might move, with the combination of a rate pause and rising inflation fueling debate about the economy's direction.

Donald Trump said he has approved new fuel economy standards that roll back rules put in place during Joe Biden's administration. The change relaxes efficiency requirements for cars and light trucks, a longstanding goal of Trump's deregulation agenda that automakers and environmental groups have been contesting. Reaction has focused on what the rollback means for gasoline prices, vehicle choices and US climate targets.

The United States is set to finalize vehicle fuel economy standards that are sharply lower than previously planned, rolling back stricter efficiency requirements for automakers. The move would ease pressure on manufacturers to improve miles-per-gallon performance, a shift likely to draw criticism from environmental groups and debate over its impact on emissions and consumer fuel costs.

The United States is set to finalize vehicle fuel economy standards that are sharply lower than previously planned, according to Reuters. The rollback would ease efficiency requirements for automakers, reversing stricter targets and easing pressure on manufacturers of gasoline-powered vehicles while drawing criticism from climate and environmental advocates.

The Trump administration has moved to slash fuel economy standards for cars put in place under Joe Biden, weakening requirements that automakers improve mileage and cut emissions. The rollback, reported by Politico, is expected to benefit manufacturers who argued the rules were too costly, while drawing criticism from climate advocates who say it will increase pollution and fuel consumption.

The United States and China have reached an agreement to lower tariffs on $30 billion worth of goods, following a summit in Washington between President Donald Trump and Chinese leader Xi Jinping. The deal marks a step toward easing trade tensions between the world's two largest economies, with further details on the affected goods and timeline expected as implementation begins.

US mortgage rates have climbed to 7%, a level not seen in years, prompting renewed debate about the direction of the housing market. Higher borrowing costs are squeezing affordability for buyers and raising questions about whether home sales and prices will weaken further. Analysts and homeowners are weighing whether rates will stay elevated, ease later this year, or keep would-be buyers on the sidelines.

President Donald Trump says he has approved new fuel economy standards that end the Biden administration's electric vehicle mandate. The move rolls back requirements pushed under the previous administration to push automakers toward electric vehicles. Coverage from major outlets, including Reuters, highlights the policy reversal as a significant shift in US automotive and climate regulation, with implications for carmakers and the broader EV industry.

President Trump announced that his administration has ended an electric vehicle rule introduced under President Biden and has updated federal fuel economy standards. The move rolls back emissions and efficiency requirements that had pushed automakers toward electric vehicles. The announcement is drawing attention from the auto industry and environmental groups, who are weighing the impact on vehicle prices, manufacturing plans and US climate goals.

President Donald Trump announced he has approved new fuel economy standards that roll back Biden-era requirements widely characterized as an electric vehicle mandate. The move loosens pressure on automakers to sell EVs and marks a significant shift in US vehicle emissions policy. Industry and political observers are weighing the impact on carmakers, consumers, and the future of electric vehicle adoption in the United States.

Micron Technology is drawing attention over its massive $100 billion investment in a chip factory near Syracuse, New York. Commentators are asking how large the project will ultimately become and what it means for the company's future and the regional economy. The plan is one of the largest semiconductor manufacturing commitments in the United States, placing Micron at the center of the domestic chip-building push.

UBS has published its assessment of whether the US Federal Reserve's tightening cycle represents a fundamental shift for emerging market assets. The analysis addresses how higher US rates affect capital flows, currency pressure, and investment appetite across developing economies. The commentary is circulating among investors weighing whether Fed policy now changes the outlook for EM exposure.

President Trump is preparing to roll back fuel economy standards for cars and light trucks that were put in place under the Biden administration. The move would loosen emissions and mileage requirements for automakers, reversing a key piece of the previous administration's climate policy and easing regulatory pressure on the US auto industry.

A Brookings researcher says the current artificial intelligence buildout will become the largest infrastructure investment in US history, exceeding past national buildouts in scale. The claim highlights the enormous spending on data centers, power capacity and computing hardware driving the AI boom, and raises questions about whether the bet will pay off for the economy.

The United States and China have announced a tariff arrangement linked to at least $30 billion in imports, following a meeting between Donald Trump and Xi Jinping. Officials confirmed the arrangement but left key details unresolved, leaving businesses and analysts questioning the scope of the tariff relief, which products are covered, and how the deal will be implemented.

President Trump has moved to roll back fuel economy standards put in place under the Biden administration, loosening requirements that pushed automakers toward more efficient vehicles. The decision is drawing attention from the auto industry, environmental groups, and consumers, with supporters framing it as relief from costly mandates and critics warning it will increase emissions and fuel use.

President Trump says he has approved rolling back fuel economy standards introduced under the Biden administration, lowering required miles-per-gallon targets for new vehicles. Automakers and environmental groups are expected to clash over the change, which would ease efficiency requirements but could raise fuel consumption and emissions across the US vehicle fleet.

Reports link renewed panda loans from China to Washington with easing tensions between Beijing and the United States, timed around a meeting between Xi Jinping and Donald Trump. China has historically gifted or loaned pandas as a diplomatic gesture, and their return is being read as a sign of improving relations between the two powers.

PwC has released analysis examining US consumer spending through the lens of the K-shaped economy, where higher-income households continue to spend freely while lower-income households cut back under pressure from prices and borrowing costs. The report argues that headline spending figures mask a growing divide, with retailers and policymakers watching closely as the two consumer groups diverge.

US Treasury Secretary Scott Bessent said Iran is facing deepening economic isolation as Washington pressures other countries to reduce or cut their economic ties with Tehran. The comments point to a renewed American push to squeeze Iran's economy through diplomatic and financial pressure, and the remarks are drawing attention as observers weigh how far the US campaign will go and how other governments will respond.

An analysis from Venezuela-based outlet Venezuelanalysis takes stock of the Venezuelan economy, arguing that its condition reflects both US economic coercion and longstanding structural constraints. The piece examines how sanctions and domestic weaknesses together shape inflation, production and living standards. Discussion of the topic comes as Venezuela's economic outlook remains a recurring subject in regional news coverage.

The Trump administration is preparing to roll back fuel economy standards introduced under President Biden, loosening requirements that pushed automakers toward more fuel-efficient vehicles. The move would ease regulatory pressure on car manufacturers and marks a significant shift in US climate and energy policy, drawing attention from industry groups and environmental advocates alike.

President Trump has approved new fuel economy standards and formally ended the Biden administration's electric vehicle mandate, according to reports tagged to Ford and General Motors on the NYSE. The move rolls back requirements pushing automakers toward EV production, a shift likely to affect US carmakers' strategy and emissions rules.

President Trump announced new fuel economy standards that he says end the so-called 'EV mandate', rolling back requirements that pushed automakers toward electric vehicles. The move frames loosened efficiency rules as freeing consumers and manufacturers to choose gasoline-powered cars, a decision likely to reignite debate over climate policy and the future of the US auto industry.

Donald Trump is planning to reverse fuel economy standards introduced under the Biden administration. The rollback would undo stricter efficiency requirements for cars and light trucks, easing pressure on automakers while likely drawing criticism from environmental groups. It fits a broader agenda of dismantling his predecessor's climate and energy regulations, and it is expected to face legal and political pushback.

President Donald Trump said he has approved new fuel economy standards that roll back rules put in place during the Biden administration. The move would loosen requirements on carmakers for vehicle efficiency. The announcement is drawing attention from the auto industry and environmental groups, who are weighing the impact on emissions, vehicle prices and US climate commitments.

The European Central Bank has issued a call for papers on "China shock 2.0: Causes, Consequences, and Policy Responses", inviting research on how a renewed wave of Chinese export competition is affecting economies. The theme echoes the original China shock debate after 2001 WTO accession, now focused on industrial overcapacity, green tech exports and the policy responses under discussion in Europe and the US.

Billionaire investor Bill Ackman said the US Federal Reserve may have made a policy mistake in the context of the AI era. He suggested that artificial intelligence-driven investment and productivity shifts may have changed the economic picture in ways the Fed's decisions did not account for. The comment is drawing attention among investors debating whether current interest rate policy fits an economy being reshaped by AI.

The United States and China have agreed to a trade truce, pausing escalation in their ongoing tariff conflict as economic and political pressure mounts on both sides. The deal is being read as a temporary measure that buys time for negotiations rather than a lasting resolution, with observers watching to see whether talks can ease tensions before the truce expires.