CDC Standoff: Kennedy’s Push to Fire Director Devolves Into Chaos
Lawyers for the agency’s chief, Susan Monarez, insist that the impasse with Health Secretary Robert F. Kennedy Jr. can only be resolved by President Trump. Source link
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No ‘dead economy’? India may surpass US as 2nd largest economy in PPP by 2038 – despite Trump tariffs
The projections indicate India’s GDP will reach 34.2 trillion international constant PPP dollars (2021) by 2038. (AI image) India may surpass the US to become the world’s second largest economy in PPP terms by 2038, according to an analysis by EY in its latest Economy Watch report. The projection assumes significance at a time when…
Fed Governor Lisa Cook Sues Trump Over Dismissal
Lisa Cook, who has not been charged with a crime, sought to retain her position, arguing her firing was “unprecedented and illegal.” Source link
Donald Trump vs Fed gov: Lisa Cook sues Trump admin; asks to ‘confirm her status’ as board member
Federal Reserve governor Lisa Cook has taken the Trump administration to court after the US president tried to fire her.Cook’s lawsuit, filed by lawyer Abbe David Lowell, seeks an injunction to block her dismissal and “confirm her status” as a member of the central bank’s governing board.The case is being seen as an extraordinary legal…
Atlanta Journal-Constitution to Quit Print Cold Turkey
The publication says the time is right to pour all of its resources into its online news operation and get its journalism “in front of the most people.” Source link
US economy: Q2 GDP growth revised upward to 3.3%; driven by low imports and strong consumer spending
The United States economy showed stronger growth than previously estimated in the second quarter of the year, government figures showed on Thursday.According to the second estimates released by the US commerce department, the gross domestic product (GDP) rose at an annual rate of 3.3% between April and June, an upward revision from the 3.0% figure…
Medicare Will Require Prior Approval for Certain Procedures
A pilot program in six states will use a tactic employed by private insurers that has been heavily criticized for delaying and denying medical care. Source link
US tariffs: 25% of India’s textile exports to be hit over next month; here is what experts say
India’s textile exporters may be bracing for a major blow as the United States’ steep 50% tariffs come into force, with experts warning that nearly one-fourth of the country’s textile exports could be hit over the next six months. America is the largest market for Indian apparel, and order cancellations have already begun troubling exporters.The…
Nothing Could Topple the ‘Queen of Heels.’ Then Trump Came Along.
The president’s steep tariffs and erratic moves have turned manufacturing abroad into a minefield, even for entrepreneurs who set up in countries viewed as safe alternatives to China. Source link
Aviation sector faces steeper losses in FY26; passenger growth slows amid headwinds: ICRA
The Indian aviation sector is expected to encounter greater turbulence in FY2026, with projected net losses that can climb to Rs 95,000 to Rs 1,05,000 crore compared to Rs 55,000 crore in FY2025. The escalation in losses is driven by slowing passenger traffic growth alongside increasing aircraft deliveries, as cited by ICRA. “During FY2025, the…