US economy

President Trump announced he is rolling back fuel economy standards for cars introduced under the Biden administration. The rules, which required automakers to improve vehicle efficiency, were a centerpiece of former President Biden's climate agenda. The rollback is expected to ease requirements on carmakers but could increase US fuel consumption and emissions, drawing criticism from environmental groups.

President Donald Trump says he has approved new fuel economy standards that roll back stricter emissions and mileage requirements put in place under the Biden administration. The move eases obligations on automakers to raise average fuel efficiency, reversing one of the previous administration's key climate policies. The change is likely to draw criticism from environmental groups while being welcomed by parts of the auto industry.

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.

The United States is set to finalize vehicle fuel economy standards that are sharply lower than previously planned, according to a Reuters report. The rollback would ease requirements on automakers to improve mileage efficiency, a reversal of stricter rules pursued under earlier policy. The move is likely to draw criticism from environmental groups while being welcomed by parts of the auto industry.

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.

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.

The United States and China have reached an agreement to reduce 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, though details of which products will be affected have not yet been fully outlined.

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.

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.

President Trump says he has approved rolling back fuel economy standards set under the Biden administration, lowering required miles-per-gallon targets for new vehicles. The move eases efficiency requirements on automakers and unwinds a signature Biden climate policy. Outlets across the US are carrying the announcement, which is likely to draw responses from environmental groups and the auto industry.

The Federal Reserve has raised interest rates again, a move being read as an acknowledgment that inflation is proving stubborn and the US economy is growing faster than expected. Commentators say policymakers are adjusting to a new environment in which price pressures persist despite earlier tightening, forcing the central bank to keep rates higher for longer than markets had anticipated.

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.

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.

President Donald Trump has approved new fuel economy rules, asserting that the change will lead to lower car prices for American consumers. The move relaxes existing fuel efficiency standards, which the administration argues have raised manufacturing costs. Supporters welcome the prospect of cheaper vehicles, while environmental advocates warn the rollback could increase emissions and fuel consumption over time.

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.

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.

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.

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 is moving to lower federal fuel economy standards, rolling back efficiency requirements for cars and light trucks. The change would allow automakers to sell less fuel-efficient vehicles in the United States, reversing stricter rules adopted under previous administrations. Industry groups have long lobbied for weaker standards, while environmental advocates warn the move will increase gasoline consumption and emissions. Debate is expected ahead of the formal rulemaking process.

A new analysis examines the state of Venezuela's economy, attributing its difficulties to a combination of US economic coercion and domestic structural constraints. The piece, published by Venezuelanalysis, assesses how sanctions and internal weaknesses together shape the country's ongoing economic crisis and prospects for recovery.

President Trump has signed off on revised fuel economy standards, rolling back the Biden administration's push for electric vehicle adoption. The move eliminates the previous mandate that pushed automakers toward EV production, allowing greater flexibility on gasoline-powered vehicles. The decision affects major automakers including Ford and General Motors and is likely to reshape US auto industry investment and emissions policy.

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.

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 United States is preparing to finalize vehicle fuel economy standards that are sharply lower than previously planned, according to the Detroit Free Press. The rollback would ease efficiency requirements for automakers, with potential consequences for fuel costs, emissions and the pace of electric vehicle adoption. Details of the final rule and its effective dates have not yet been published.

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.

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.

The US has eased fuel economy rules, and analysts say the change affects GM and Ford shares in different ways. Looser standards could reduce pressure to ramp up electric vehicle production, easing costs for automakers with heavier truck and SUV lineups. Investors are weighing which company benefits more, with commentary suggesting the two legacy automakers' stocks may no longer move in lockstep on regulatory news.

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.

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.