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ECONOMY
Senate Bill Criticized for Harming Renewable Energy Despite Removal of Excise Tax

The Senate's new bill faces backlash for its detrimental effects on the renewable energy sector, even after removing a proposed excise tax.

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ECONOMY
Intense Negotiations as India and US Aim for Trade Deal Before Tariff Deadline

India and the US are in intense negotiations for a trade deal to lower tariffs before the July 9 deadline set by President Trump.

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ECONOMY
Tesla Shares Plummet Amid Elon Musk and Trump Feud Over Spending Bill

Tesla shares decline sharply as the feud between Elon Musk and President Trump escalates, raising investor concerns over subsidies and political retaliation.

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ECONOMY
California Enacts Major Reforms to CEQA, Accelerating Housing Development

California's Governor Gavin Newsom signs major reforms to CEQA, streamlining housing development amid a significant shortage.

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ECONOMY
Fed Chair Powell Attributes Interest Rate Stability to Trump's Tariffs

Federal Reserve Chair Jerome Powell states interest rate cuts are delayed due to Trump's tariffs, emphasizing the need for economic stability.

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ECONOMY
Bankruptcy Court Approves Sale of 23andMe's Assets to TTAM Research Institute

The bankruptcy judge has approved the sale of 23andMe to a nonprofit, addressing concerns over data privacy for millions of customers.

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ECONOMY
Senate Passes Historic Medicaid Cuts Amid Controversy Over Coverage Losses

Senate Republicans have passed historic cuts to Medicaid, projected to displace millions of low-income Americans from health coverage.

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ECONOMY
Senate Advances Trump's Tax Bill Amid Concerns Over Rising National Debt

The Senate pushes forward Trump’s tax cuts despite warnings of a $3.3 trillion increase in national debt.

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ECONOMY
US indicts North Koreans and accomplices in scheme to defraud over 100 companies

The US charges North Korean nationals and accomplices for fraudulently draining funds from over 100 American firms via fake tech employment.

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ECONOMY
Standard Chartered Bank sued for $2.7 billion over alleged involvement in 1MDB fraud

Standard Chartered faces a $2.7 billion lawsuit in Singapore for its alleged role in the 1MDB fraud involving former Malaysian officials.

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