NEWYou can now listen to Fox News articles! President Donald Trump gave Fox News an exclusive look inside the White House as he begins his 10th month in office while expressing his frustrations with the GOP for not selling his economy. The commander-in-chief welcomed Fox News host Laura Ingraham to the White House, touring the […]
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Key Points Report the US Dollar Index has fallen over 10% year-to-date in 2025, reaching lows not seen since 2021 amid hints of Federal Reserve rate cuts. Highlight the IMF data showing US dollar reserves dropping below 58%, as countries like China and Russia diversify holdings to gold, euro, and yuan. Explain the weakening dollar’s […]
Government shutdown latest: Senate approves bill to end shutdown, passes it onto the House Yahoo Finance Read the full article…
Published on 10/11/2025 – 19:33 GMT+1 •Updated 19:41 The European Union needs a ‘single market czar’ with authority and international stature to implement the Draghi report or risk losing momentum, the Managing Director of the International Monetary Fund Kristalina Georgieva told Euronews in an exclusive interview. Georgieva praised the report published last year by the […]
Northern Plains News points us toward an Economic Policy Institute report on the necessary role immigration plays in preserving America’s economic growth. Short form: as long as Americans keep getting older and having fewer babies, we have to invite immigrants to boost our workforce, hours worked, and economic output. Cutting immigration cuts GDP: Josh Bivens, […]
SYDNEY (Reuters) -Australia’s monetary policy faces an unusual challenge as the economy began recovering last year with demand still above potential output, a top central bank official said on Monday, suggesting little room for near-term policy easing. In a speech at a UBS conference in Sydney, Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser […]
GBP/USD Surges to 1.3160 as Dollar Weakens on U.S. Shutdown Chaos and Bank of England Holds Rates Steady The British pound (GBP/USD) trades near 1.3160, gaining momentum after a volatile week dominated by U.S. dollar weakness, a prolonged government shutdown, and the Bank of England’s (BoE) decision to hold interest rates at 4.00%. The pair, […]
A version of this article originally appeared in Quartz’s Washington newsletter. Sign up here to get the latest business and economic news and insights from Washington straight to your inbox. He was once called “Dr. Doom and Gloom” on Wall Street. Not everything has changed for Kent Smetters, who runs the Penn Wharton Budget Model. His […]
US President Donald Trump’s administration has just offered a gift to finance ministers from developing countries. By proposing a $20 billion currency swap line for Argentina, it has implicitly aligned itself with those arguing for a new issuance of special drawing rights (SDRs), the International Monetary Fund’s reserve asset. Of course, many ministers, busy discussing […]
