Economics

Senators Advance Deal; Markets Rally

Global stocks rallied after U.S. senators advanced a measure to end the government shutdown, prompting a relief-driven jump in equities and a rise in Treasury yields worldwide.

Senators Advance Deal; Markets Rally
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Trump tariff payments face skepticism

President Donald Trump proposed giving Americans $2,000 each funded by tariff revenue, but the plan faced legal and practical obstacles, including Supreme Court skepticism.

Trump tariff payments face skepticism
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Reeves ends two child cap

Chancellor Rachel Reeves suggested she would remove the two‑child benefit cap in the UK budget, saying children in larger families should not be penalised.

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Trump pardons Giuliani and others

President Donald Trump pardoned Rudy Giuliani and 76 others for their roles in efforts to overturn the 2020 election, a largely symbolic move that did not block state prosecutions.

Trump pardons Giuliani and others
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Reiche pushes reforms, SPD resists

German Economy Minister Katherina Reiche proposed an "Agenda 2030" of structural reforms, subsidy reviews and a tighter state focus, warning growth would stall and drawing SPD resistance.

Reiche pushes reforms, SPD resists
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