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The legislation that Republicans are trying to push through Congress could swell the very fiscal imbalance that party leaders have promised to tame for years.
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India bets on growth with steepest rate cut in five years ReutersIndia's central bank beats market expectations to deliver outsized rate cut of 50 points CNBCRBI's Cash Boost Seen Spuring Indian Stocks to New Record High BloombergRBI: India central bank delivers sharp rate cut as growth, inflation fall BBC
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Lululemon Athletica shares slid after hours on Thursday, after the athleisure-wear maker cut its full-year profit outlook and offered a second-quarter forecast that came up short of Wall Street's expectations.
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Russia launches massive drone and missile attack on Ukraine, killing 3 in Kyiv NPRRussia launches 'massive' strikes days after Ukrainian drone attack BBCThree killed, 49 wounded in intense Russian air attacks on Ukraine ReutersRussia Pummels Kyiv in Apparent Retaliation for Ukrainian Drone Assault The New York Times
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Trump senior advisor Kari Lake envisions the agency that includes the international broadcaster Voice of America with 81 staffers after mid-August — down from about 1,300 full-time employees and contractors.
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Asian Shares Have Tepid Start Before US Jobs Data: Markets Wrap BloombergEquities on front foot as US data feeds rate-cut hopes InsideNoVa.comGlobal shares mostly rise after Wall Street's rally stalls on U.S. economic data 5 EYEWITNESS NEWSAsian shares mostly gain ahead of Friday's US jobs report MSN
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Americans bought fewer foreign pharmaceuticals, cellphones and cars, and cut purchases of machinery and other supplies.
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Trump-Musk meltdown gets Europe gloating politico.euTrump Threatens to Cut Elon Musk's Government Contracts as Feud Escalates: Live Updates The New York TimesTrump-Musk feud shows signs of thawing, hours after it blew up AxiosTimeline of Elon Musk and Donald Trump's feud CNNTesla loses $152 billion in market cap after Musk-Trump spat, biggest hit ever
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Senate Republicans open the door to cutting Medicare 'waste' in Trump agenda bill NBC NewsMedicare is a target as Senate GOP faces megabill math issues PoliticoGOP grabs the third rail with Medicare and Medicaid cuts AxiosMedicare Surfaces as Target for Cuts to Pay for Trump Tax Bill Bloomberg
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Winnebago's stock dropped after the RV maker issued a profit warning and said it was cutting jobs, as the Trump presidency hasn't provided the retail momentum that was hoped for.
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Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in headcount adjustments.
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How to buy the Nintendo Switch 2: Current in-stock availability on consoles and games EngadgetFans drive huge Nintendo Switch 2 launch; others play the waiting game NPRNintendo's Switch 2 Has the Handheld Market All to Itself Bloomberg.comAfter the Switch 2, there's no going back to the old eShop The Verge
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Avoiding deep cuts to the social safety net while reducing red ink would show global markets that the U.S. deserves their investment.
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