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Economy
What to expect from the Trump-Xi summit in Washington
Chinese President Xi Jinping is expected to hold talks with US President Donald Trump in Washington next week, with an expiring trade truce, tens of billions in tariff relief and AI all on the table as both economies need the relationship to hold.
USA
Trump administration moves to cut protections for endangered species
Brett Hartl, the government affairs director at the Center for Biological Diversity, said the move "stabs at the very heart of the Endangered Species Act by giving federal approval to the killing of some of America’s most beloved wildlife."
Lifestyle
Passing shots: The best wrist watches on show at the US Open
The US Open has become a must-see event for luxury watch fans eager to spot who's wearing what. Quaid Walker, CEO of the watch marketplace Bezel, picks out this year's standout models — from Zverev's Jacob & Co to Alcaraz's Daytona, not forgetting the Patek on Brad Pitt's wrist.
Economy
Fed hikes rates for the first time since 2023 in unanimous vote
The Federal Reserve has raised its benchmark interest rate by a quarter point to a range of 3.75% to 4%, its first increase since July 2023, in a unanimous 12-0 vote that puts Chair Kevin Warsh directly at odds with the US president who appointed him.
Markets
Bitcoin drops after US Senate blocks landmark crypto bill
Bitcoin has fallen almost 4% over the past 24 hours to below $76,000 after the US Senate blocked the CLARITY Act late on Tuesday, derailing more than a year of bipartisan negotiations and leaving the crypto industry without the federal rulebook it has spent years pursuing.