May 17, 2025

United States

Banking

EU eyeing sanctions targeting Nord Stream and banking sector to pressure Putin – POLITICO

The head of the EU executive also said the Commission would look to lower the oil price cap, a limit on the sales price for Russian crude oil which is decided at G7 level. Targeting Russia’s energy and banking sectors would have a “real impact” on the Kremlin, but doing so would be tricky because

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Banking

EU eyes sanctions targeting Nord Stream and banking sector to pressure Putin – POLITICO

The head of the EU executive also said the Commission would look to lower the oil price cap, a limit on the sales price for Russian crude oil which is decided at G7 level. Targeting Russia’s energy and banking sectors would have a “real impact” on the Kremlin, but doing so would be tricky because

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Finance

Americans Share Best Financial Advice They Ever Received—It’s Eye-Opening

Separating needs from wants and saving money as early as possible are among the top money tips that Americans have received, a new poll has shown. The poll conducted for Newsweek by Talker Research between April 11 and 17 asked 1,000 Americans to share the most-impactful financial advice they have ever been given. The responses

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Investors

Stocks Extend Gains as Investors Weigh Fed Rates and Tariff Talk

Stocks rose on Thursday, extending a two-day rally as investors hope for an easing of President Trump’s trade wars and weigh comments on its impact from a Federal Reserve official. The S&P 500 gained more than 1 percent after stalling in early trading. The index has seesawed this week: Monday saw a sharp sell-off, followed

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Funds

Trump Administration Sends Harvard a List of Demands to Protect Federal Funds

The Trump administration sent Harvard a list of demands on Thursday that would have to be met to end a government review of $9 billion the school receives in federal funding. The government announced the review earlier this week, which threatened to cancel all or some of the money as part of its campaign against

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Funds

Federal Judge Orders Legal Funds for Solo Migrant Children to Be Restored

A federal judge in Northern California ordered the restoration of legal funds for migrant children who enter the United States alone, temporarily reversing a Trump administration decision last month that had left children at risk of deportation. Nonprofit groups had been fighting the decision since they received notice from the federal government on March 21

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Banking

Britain Is Banking on the Special Relationship to Stave Off Trump’s Tariffs – Foreign Policy

The United Kingdom, as it was in the years after Brexit, is caught between the lure of the United States and the gravitational pull of Europe. For now, Britain is hoping that the special relationship with Washington—and a few early white flags—will be enough to shield it from the worst of the Trump administration’s erratic

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Finance

What Happens if Fannie Mae and Freddie Mac Go Private?

Fannie Mae and Freddie Mac have long been a bedrock of the American home-buying industry, turning what could otherwise be a volatile market into one that is stable and predictable for the people buying homes and the investors who purchase home loans as mortgage-backed securities. But last week, William Pulte, President Trump’s appointee to lead

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Investment

EU lays out ‘massive investment’ boost in defense to deter Russia – POLITICO

Crucial elements of the new EU policy include favoring weapons production within the bloc and “like-minded third-country companies,” encouraging joint purchases of arms, making it easier to finance defense projects, focusing on key areas where the bloc has a capacity shortfall like air defense and military mobility, and slashing red tape on defense investments. Russia’s

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