The global fear driving up gold prices

The Federal Reserve has made a significant move by cutting interest rates for the second time this year, aiming to bolster economic growth and job creation amidst persistent inflation. This decision is particularly noteworthy as it marks a historic moment; for the first time since the Fed's rate-setting committee was formed in the 1930s, they have adjusted monetary policy without having access to a full month of essential employment data due to the government shutdown. This action reflects the Fed's commitment to supporting the economy during uncertain times.

During Trump's recent trip to Asia, his longstanding affinity for gold has opened up numerous opportunities for diplomatic engagement. Foreign leaders are leveraging his personal brand to strengthen ties and gain favor, showcasing how personal interests can influence international relations. This dynamic not only highlights the unique approach Trump brings to foreign policy but also emphasizes the importance of personal branding in global diplomacy.

The Guardian is inviting readers to share their love stories from 2025, asking how they met their partners and what makes them special. This initiative not only celebrates love but also encourages people to reflect on their dating experiences, fostering a sense of community and connection among readers.

A letting agent has issued an apology for failing to secure a necessary rental licence for a property managed by them. The oversight occurred when the property manager promised to apply for the licence but ultimately did not follow through. This situation highlights the importance of compliance in the rental market, as such oversights can lead to legal issues and affect tenants' rights.

President Trump's decision to cap refugee admissions at a record low of 7,500 for the upcoming year marks a significant reduction from the previous limit of 125,000. This policy shift has raised concerns about the implications for vulnerable populations seeking asylum, particularly as the majority of the new admissions will be white South Africans. This move is seen as controversial and may affect the U.S.'s global standing on humanitarian issues.

The Senate has passed a bill to nullify former President Trump's extensive global tariffs affecting over 100 nations, with a vote of 51-47. This bipartisan effort follows earlier resolutions aimed at repealing tariffs on Canada and Brazil. The move is significant as it reflects a shift in U.S. trade policy and could enhance international relations, potentially benefiting American consumers and businesses by lowering prices on imported goods.

Rachel Reeves has acknowledged that she should have verified whether a rental license was obtained, following an apology from the letting agent involved. This situation has sparked discussions in UK politics, particularly with No 10 releasing redacted emails related to the matter. ITV's political editor, Robert Peston, argues that it is unwise for the Conservatives to demand Reeves' resignation over this issue. This incident highlights the ongoing scrutiny of political figures and the importance of transparency in their dealings.

The Trump administration has set the lowest cap on refugee admissions to the U.S. since the program began in 1980, focusing primarily on resettling Afrikaners from South Africa. This decision is significant as it reflects a shift in U.S. immigration policy, potentially limiting opportunities for many vulnerable populations seeking asylum and safety in America.

A man has been sentenced to prison after breaking into the studio of renowned artist Damien Hirst while wearing a GPS tag. This incident highlights the ongoing issues of art theft and security, especially concerning high-profile artists. The case serves as a reminder of the vulnerabilities that even the most famous figures face in protecting their creative spaces.