A Fed official considers jumbo rate cuts amidst economic weakening, as Trump imposes new tariffs and faces multiple lawsuits from Fed Governor Lisa Cook over her dismissal and challenges at the CDC, while also seeing intervention in Intel's chipmaking unit and firings on a railroad board.
Israel launches strikes near Damascus and Russia attacks Kyiv, while the UN ends its Lebanon peacekeeping mission and Germany's security council is criticized, with UK, France, and Germany reimposing Iran nuclear sanctions amid a US naval build-up near Venezuela.
The City fears a Budget targeting banks to address a fiscal hole, British farmers face poor harvests, and a debate over business rates continues, while the UK appeals a ban on housing asylum seekers and renters are hit hardest by inflation as Starmer reshapes Downing Street and Labour seeks a comeback.
"The Wizard of Oz" receives an AI glow-up, the UAW claims a win at a Ford battery plant, Nvidia's growth outlook is hit by China uncertainty, Lotus plans UK job cuts, and **oil and gas M&A loses steam, while Dentsu explores selling its international business and the rare earths industry sees US investment** to counter Chinese dominance.
Football executive Jim Murray, also a charity founder, dies at 87, US health agency leadership turmoil favors Kennedy, RFK Jr. sought to fire the CDC Director over vaccine policy, US warns of China-linked money laundering for Mexican cartels, and Medicare will require prior approval for certain procedures as a measles outbreak is warned in the UK.
A floral artist offers a guide to Hudson Valley, the fight for Italian beaches heats up, and the Vodkatini cocktail gains popularity, offering a glimpse into diverse cultural interests.