Business

President Trump's attempts to remove Federal Reserve Governor Lisa Cook and his broader criticism of the central bank's independence dominate political headlines, alongside his public targeting of George Soros and the appointment of Joe Gebbia as Chief Design Officer.

**New US tariffs on India reaching 50% due to Russian oil purchases, France, Germany, and the UK preparing to reimpose sanctions on Iran, and a White House meeting on Gaza's postwar plan** signify rising global instability and trade disputes.

Nvidia's strong sales results coupled with a cautious growth outlook reflect both the booming demand for AI computing and market jitters over future expansion, while China accelerates its own AI chip production to rival US dominance.

Market talks in the auto, transport, and basic materials sectors showcase a dynamic business landscape, alongside Cracker Barrel's logo reversal due to public backlash and **AT&T's return to dealmaking**.

Britain's long-term borrowing costs nearing 1998 levels signal economic pressure, while Reform UK softens its deportation stance and discussions about a youth mobility scheme with the EU suggest shifts in domestic policy and international relations.

The FDA's approval of updated Covid vaccines with new restrictions and a record-low birth rate in England and Wales highlight significant public health and demographic shifts, alongside a climate banking group pausing activities and major retail crime rings.

SpaceX's Starship successfully completed a test flight, deploying dummy satellites into space after a series of previous launch setbacks, reinforcing Elon Musk's company's dominance in commercial space endeavors.

Travis Kelce and Taylor Swift's engagement captivates Kansas City, while London expands venues for watching women's sports, reflecting ongoing interest in celebrity culture and sports entertainment.

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