US GDP rose 3.8% in the second quarter compared to the same period in 2024, higher than the previous estimate of 3.3%, according to the Bureau of Economic Analysis (BEA) of the Department of Commerce.
The US Department of Commerce is investigating the potential national security threat posed by imported protective gear, medical supplies, robots, and industrial machinery.
The US Treasury Department has expressed its willingness to "do what is necessary" to support Argentina, as President Javier Milei strives to reassure markets.
Bitcoin's price remained flat after the Fed's rate cut, likely because many investors had anticipated the move and were not driven by FOMO (fear of missing out).
Alphabet, the parent company of Google, has become the 4th company globally to reach a market capitalization of $3 trillion, following Apple, Microsoft, and Nvidia.
