The US State Department has advised its citizens in the Middle East and North Africa to exercise "increased caution." The recommendation is due to rising regional tensions, the State Department said.
The U.S. Congressional Budget Office (CBO) has released its latest forecast on the budgetary and income distribution impacts of the tax reform bill dubbed “The Great Beautiful Bill,” approved on 22 May in the House of Representatives under President Donald Trump.
US producer prices rose 2.6% annually in May, matching market expectations, with a modest 0.1% increase from April, the US Bureau of Labor Statistics reported.
For years, companies have navigated stringent U.S. data requirements for sensitive exports. Now, in a significant turn, China is implementing a similar system for its critical rare earth minerals, asking Western firms for proprietary business information and signaling a new global standard.
U.S. Special Envoy Steve Witkoff will meet Iran’s foreign minister in Oman on Sunday as Tehran prepares a counter-offer to Washington’s stalled nuclear proposal, deepening uncertainty over the region’s security.
U.S. Defense Secretary Pete Hegseth has authorized the voluntary evacuation of military dependents from locations across the Middle East, a U.S. defense official said Wednesday.
The U.S. budget deficit narrowed to $316 billion in May, marking a 9% drop from last year, largely due to a surge in customs revenue driven by President Trump’s new tariffs.
Germany has welcomed the rare-earth trade truce between China and the U.S., calling it a positive step that could inspire similar progress in EU-U.S. talks.
The Iranian Foreign Minister Abbas Araghchi arrived in Norway on Wednesday to take part in the 22nd Oslo Forum, while the UN nuclear watchdog will discuss Iran and days ahead of his upcoming meeting with the U.S. envoy Steve Witkoff in Oman.
The U.S. and China have a framework trade deal on rare earths. Trump calls the deal "done," but it awaits final approval from both leaders.
The Trump administration on Tuesday announced a landmark plan to phase out the Federal Emergency Management Agency (FEMA) following the 2025 hurricane season. The move signals a fundamental shift in the nation's approach to disaster recovery, placing the primary responsibility on state governments.
The next phase of Russia-U.S. consultations on resolving diplomatic tensions will take place in Moscow “in the near future,” Russia’s Ambassador to Washington, Alexander Darchiev, confirmed in his first interview since assuming the post in March.
U.S. President Donald Trump stated that Iran's stance in nuclear negotiations has become surprisingly more aggressive, though another meeting is scheduled. He reiterated that Iran will not be permitted to develop a nuclear weapon.
JL MAG Rare-Earth, a Chinese rare earth permanent magnet producer, has secured export licenses from Chinese authorities for shipments to the U.S., Europe, and Southeast Asia, following China's decision to curb rare earth exports in April.
The United States and China have reached a trade framework that both sides say could help restore trust and resolve key disputes, including removing China's export restrictions on rare earth and magnets.
U.S. Treasury Secretary Scott Bessent left ongoing trade talks with China on Tuesday to return to Washington, D.C., where he is scheduled to testify before Congress.
U.S. Secretary of State Marco Rubio has condemned sanctions imposed by the UK, Canada, Norway, New Zealand, and Australia on two Israeli ministers, saying they undermine efforts to reach a ceasefire in Gaza.
China condemned a new U.S. tank shipment to Taiwan, warning Washington it is "playing with fire." Beijing told Taipei's leaders that "U.S. weapons cannot save them," calling the move a dangerous provocation that crosses a fundamental "red line."
Top U.S. and Chinese officials are meeting in London to cool rising trade tensions, with rare earth exports and global supply chain stability at the center of the talks.
British chip designer Alphawave is set to be acquired by U.S. semiconductor giant Qualcomm in a $2.4 billion deal, marking another major loss for the London Stock Exchange as tech firms continue shifting to U.S. markets in search of higher valuations.
Iran's Foreign Ministry spokesperson, Esmaeil Baghaei, has stated that Tehran will soon present a nuclear proposal to the United States. This announcement follows the recent delivery of a U.S. proposal to Iran via Omani mediation.
An Australian journalist reporting live from the Los Angeles protests on Sunday was struck by a rubber bullet fired by a police officer, an incident that has highlighted the growing dangers faced by media personnel covering civil unrest.
U.S. President Donald Trump has issued a directive to "liberate Los Angeles from the Migrant Invasion," as protests against immigration enforcement continue in the city, reportedly involving clashes between demonstrators and law enforcement.
Chinese Vice Premier He Lifeng will visit the UK from June 8–13 for the first round of China-U.S. economic and trade consultations. Talks will include U.S. Treasury and Commerce Secretaries and Trade Representative Jamieson Greer.
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