The U.S. State Department denied claims of offering tariff relief to Mexico for investigating politicians, emphasizing collaboration against cartels. The focus remains on combating corruption.
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A federal judge temporarily blocked a State Department reorganization plan for 2,000 layoffs, citing a prior ruling against mass layoffs directed by Trump.
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The Federal Reserve will publish 2025 stress test results for big banks on June 27, assessing their performance during hypothetical economic downturns.
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Senate Republicans' bill aims to restrict judges' ability to block unlawful government policies by requiring bond postings for injunctions, altering existing judicial procedures.
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McDonald’s settled a $10 billion lawsuit from Byron Allen, addressing alleged discrimination against Black-owned media, while denying wrongdoing and committing to future advertising partnerships.
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Japan's government warns of rising bond yields and debt risks as the Bank of Japan trims market presence, prompting efforts to boost domestic bond ownership and stability.
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The Basel Committee introduced a voluntary climate risk disclosure framework for banks, allowing national regulators to determine requirements, following U.S. pushback and evolving climate data standards.
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The SEC appointed new division directors, including Jamie Selway for Trading and Markets and Brian Daly for Investment Management, under Chairman Paul Atkins' leadership aimed at deregulation.
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Rural hospitals warn proposed Medicaid cuts could force service reductions or closures, impacting low-income patients as lawmakers face pressure to balance tax cuts with healthcare funding.
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The Climate Investment Funds selected seven countries for a $1 billion program to decarbonize industrial sectors, aiming to reduce emissions and foster long-term economic growth.
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