Shark Tank's Kevin O'Leary sends harsh message on Intel stock

Former President Trump announced he is firing Lisa Cook from the Federal Reserve Board of Governors, a move that could impact monetary policy.

Editor’s Note: This decision is significant as it reflects Trump's ongoing influence over the Federal Reserve and raises questions about the future direction of U.S. economic policy.

The dollar and longer-dated Treasuries have declined as former President Trump intensifies his criticism of the Federal Reserve. Meanwhile, gold prices are on the rise.

Editor’s Note: This situation is significant as it reflects ongoing tensions between political figures and financial institutions, which can impact market stability and investor confidence.

Taiwan's interest-rate swaps are increasing, indicating that traders are lessening their bets on monetary easing. This shift comes as Taiwan's economy shows resilience against challenges posed by US tariffs.

Editor’s Note: This development is significant as it reflects confidence in Taiwan's economic stability despite external pressures. A reduction in bets on rate cuts suggests that traders believe the economy can withstand current challenges, which could lead to more favorable conditions for investment and growth.

Trump announced he is firing Fed's Cook due to allegations related to mortgage loans. This decision raises questions about the Fed's leadership and its impact on economic policy.

Editor’s Note: This matters because it highlights tensions between the White House and the Federal Reserve, which could influence financial markets and economic stability. The allegations against Cook could also affect public trust in the Fed.

Japan is facing a price shock as warming seas have driven up the cost of ingredients, particularly affecting the popular $120 urchin rice bowls. This trend raises concerns about food affordability and sustainability.

Editor’s Note: This situation is significant as it highlights the impact of climate change on local economies and food prices. The rising costs could affect consumers' choices and the overall dining experience in Japan, making it a pressing issue for both residents and the tourism industry.