Trump says Fed rate at least 3 points too high

NEW YORK, July 9 (Xinhua) -- U.S. President Donald Trump said Wednesday his country's interest rate set by the Federal Reserve System (Fed) is at leas…[More]

The power games of billionaires -- uncovering the political dilemma behind "America Party"

BEIJING, July 9 (Xinhua) -- U.S. President Donald Trump on Sunday called billionaire Elon Musk's plans to form a new political party "ridiculous," one…[More]

BoE warns of global economic risks amid U.S. tariff hikes

Members of the Household Division march during the Trooping the Colour parade to honour Britain's King Charles III on his official birthday in London,…[More]

Trump says U.S. shifting Africa policy "from aid to trade"

WASHINGTON, July 9 (Xinhua) -- U.S. President Donald Trump met with leaders from five African nations on Wednesday, noting the United States is shifti…[More]

Texas flooding is "act of God," says White House press secretary

WASHINGTON, July 9 (Xinhua) -- The White House rejected criticism that the Trump administration's recent staffing cuts to the National Weather Service…[More]

Explainer: Where do things stand now as Trump prolongs tariff pause?

WASHINGTON, July 9 (Xinhua) -- With the 90-day suspension of sweeping U.S. reciprocal tariffs scheduled to expire Wednesday, U.S. President Donald Tru…[More]