US treasury secretary Scott Bessent calls for half-point interest rate cut at next Fed meeting – business live

US President Donald Trump and Russia's Vladimir Putin are scheduled to hold a historic summit in Alaska to discuss ending the war in Ukraine.

Editor’s Note: This summit is significant as it represents a potential turning point in US-Russia relations and could lead to progress in resolving the ongoing conflict in Ukraine.

Tesla is planning to expand its autonomous robotaxi service by testing its software in New York City, the most populous city in the U.S.

Editor’s Note: This move is significant as it shows Tesla's commitment to advancing its autonomous vehicle technology in a major urban environment, which could lead to increased adoption and innovation in the transportation sector.

Wall Street's sudden change in attitude towards cryptocurrency could undermine decades of consumer financial protections and alter the fundamental nature of bank accounts.

Editor’s Note: This shift is significant because it threatens the stability and security that consumers have relied on for over a century. If financial protections are weakened, it could lead to greater risks for everyday investors and consumers.

US President Trump has warned of severe consequences if Russian President Putin does not agree to a ceasefire in the Ukraine war. This statement comes as talks in Alaska aim to address European concerns about the ongoing conflict.

Editor’s Note: This matters because it highlights the ongoing tensions between the US and Russia regarding the Ukraine situation. Trump's warning could influence diplomatic relations and the potential for peace talks, impacting not only Europe but global stability.

Recent studies reveal that companies often appear more virtuous when they engage in fraudulent activities, raising concerns about the authenticity of corporate social responsibility efforts.

Editor’s Note: This matters because it challenges the integrity of corporate practices and highlights the need for genuine accountability in business. Understanding this dynamic can help consumers and stakeholders make informed decisions.