The U.S. Supreme Court handed President Donald Trump a painful defeat on Tuesday by rejecting his move to restrict birthright citizenship on the final day of its momentous term, while also letting states ban transgender student athletes from women’s sports teams and striking down more campaign finance limits.
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The U.S. Supreme Court declined on Tuesday to let Donald Trump remove the government’s top copyright official for now in another battle over the Republican president’s targeting of federal officials.
Israeli Prime Minister Benjamin Netanyahu on Tuesday visited Lebanese territory occupied by the Israeli military, telling soldiers that Israel would not withdraw from the country’s south as long as Iran-backed Hezbollah continued to pose a threat.
Investors have had to gulp down the motion-sickness tablets this year as the turmoil from the Iran war has clashed with a seemingly unstoppable boom in all things AI and otherworldly.
The U.S. Supreme Court handed conservatives major victories on presidential power, immigration, elections and social issues during its nine-month term, while placing significant limits on President Donald Trump’s agenda.
The ECB is considering doubling the proportion of cash lenders must keep as reserve in an unremunerated account, six sources told Reuters, which would cut the central bank’s own interest bill and mitigate the side effects of its inflation fight.
Russians are more pessimistic about the state of their economy than at any time in the past 20 years, and a majority say living standards are worsening, polling organisation Gallup said in a survey published on Tuesday.
Germany is demanding a €400 billion ($456 billion) cut to the European Commission’s proposed budget of €2 trillion for 2028-2034, warning that the current plans are “unaffordable,” according to an internal government document seen by Reuters on Tuesday.
The Magnificent Seven stocks may be nearing an important turning point after a sharp June selloff. The big question now is whether buyers step in soon, or whether the decline has further to run.
Soaring stock market valuations, dramatic swings in the market value of trillion-dollar companies, and periodic sharp selloffs have fueled growing concerns that parts of the U.S. stock market may be in a bubble.