Europe Announces New Sanctions to Ramp Up Pressure on Russia
The latest set of European Union restrictions are aimed at chipping away at Russia’s energy profits and ability to do business globally. Read more
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Fed Cuts Rates for First Time This Year
The Federal Reserve lowered rates by a quarter point, but one governor voted for a bigger cut. Balancing persistent inflation and a weaker labor market was “a challenging situation,” the central bank chair said. Read more
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G.O.P. Again Cedes Power on Tariffs to Avoid Crossing Trump
House Republicans extended a maneuver they engineered earlier in the year that effectively strips Congress of the power to disapprove of President Trump’s tariffs. Read more
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