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Stocks down with eyes on Mideast, dollar hit by Trump Fed comment
Stocks down with eyes on Mideast, dollar hit by Trump Fed comment
Business and Economy
by  AFP

Most stocks fell Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after Donald Trump said he had a handful of candidates to succeed Federal Reserve boss Jerome Powell, fuelling rate cut bets. "We think it's fair to suggest that the pressure on Powell to cut rates will increase, and that's adding to selling pressure on the dollar."

Judge orders Trump admin to release billions in EV charging funds
Judge orders Trump admin to release billions in EV charging funds
Business and Economy
by  AFP

A federal judge has ordered the Trump administration to release billions of dollars allocated for the construction of electric vehicle charging stations in over a dozen US states. Seventeen attorneys general sued the Trump administration to unfreeze funds in May, led by California, the state with the largest number of electric vehicles.