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US imposes tariffs on one-kilo gold bars, FT reports

WASHINGTON (Reuters) -The United States has imposed tariffs on imports of one-kilo gold bars, the Financial Times reported on Thursday, citing a letter from Customs Border Protection. The letter – dated July 31 – said one-kilo and 100 ounce gold bars should be classified under ...
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Trump opens the door for private equity and crypto as 401(k) retirement plan options

NEW YORK (AP) — Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments, according to an executive order signed Thursday by President Donald Trump that could give those financial ...
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Trump signs order targeting banks over claims of discrimination

WASHINGTON (Reuters) -U.S. President Donald Trump signed an executive order on Thursday that targeted banks over what his administration says are discriminatory practices. “The Order directs Federal banking regulators to remove reputational risk and other equivalent concepts that enable politicized or unlawful debanking from their ...
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Ford delays electric pickup, van to 2028, Automotive News reports

(Reuters) -Ford Motor is delaying the launch of two next-generation electric vehicles as it shifts focus to smaller and more affordable models, Automotive News reported on Thursday, citing people familiar with the matter. The automaker recently informed suppliers that a full-size electric pickup, scheduled for ...
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US crude exports hit four-year low in July on low domestic supplies

By Arathy Somasekhar HOUSTON (Reuters) -U.S. crude oil exports eased in July to the lowest levels in nearly four years on low domestic supplies and as Asian and European buyers found cheaper alternatives, undermining U.S. President Donald Trump’s push for more foreign countries to purchase ...
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White House prepares for Stephen Miran to be nominated to Fed board, Bloomberg reports

WASHINGTON (Reuters) -The White House is preparing for U.S. President Donald Trump to nominate Council of Economic Advisers Chairman Stephen Miran to serve as a Federal Reserve governor, Bloomberg reported on Thursday, citing a person familiar. (Reporting by Jasper Ward) Brought to you by ...
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The Media Line: Qatar, UAE Lead $14 Billion Investment Push to Rebuild Syrian Infrastructure  

Qatar, UAE Lead $14 Billion Investment Push to Rebuild Syrian Infrastructure   By The Media Line Staff   Syria has signed a series of major investment agreements totaling $14 billion with regional and international companies, marking the most significant economic commitment to the country since the easing of ...
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Owner of landmark Manhattan skyscraper closes on $1.3 billion loan

(Corrects building’s designer in paragraph 4) By Matt Tracy (Reuters) -New York City property developer The Durst Organization sealed one of 2025’s largest Manhattan office loans for a landmark Times Square skyscraper on Wednesday, according to Rosenberg + Estis, the law firm that represented the ...
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BHP, Vale offer $1.4 billion settlement in UK lawsuit over Brazil dam disaster, FT reports

(Reuters) -Global miners BHP Group and Vale have offered around $1.4 billion to settle a class action lawsuit in the United Kingdom tied to one of Brazil’s worst-ever environmental disasters, the Financial Times reported on Thursday. The lawsuit stems from the collapse in 2015 of ...
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Bostic: Labor market risks rising, but a lot of data to come before September meeting

By Howard Schneider WASHINGTON (Reuters) -Risks to the job market have increased, but it remains too soon to commit to interest rate cuts before the next meeting of the U.S. Federal Reserve with key data still to come and inflation still expected to rise in ...
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Trump calls on Intel CEO to resign

(WASHINGTON) -- President Donald Trump called on the CEO of Intel, Lip-Bu Tan, to resign "immediately.""The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!" the president ...
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GM to import EV batteries from China’s CATL, source says

By Nora Eckert (Reuters) -General Motors will import electric vehicle batteries from Chinese battery giant CATL, a source familiar with the matter told Reuters on Thursday.  The arrangement is a stopgap for GM in the next couple of years as it works to manufacture its own lower-cost ...
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