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Wall Street’s Big Banks Post Blowout Quarter as Investment Banking and Trading Surge

Wall Street’s Big Banks Post Blowout Quarter as Investment Banking and Trading Surge

NEW YORK — America’s largest banks delivered a blockbuster set of earnings this week, defying expectations and signaling renewed strength in the financial sector as investment banking and trading revenues surged to multi-year highs. JPMorgan Chase, Bank of America, Goldman Sachs, Morgan Stanley, Citigroup, and Wells Fargo all reported results

Afghanistan and Pakistan Exchange Deadliest Border Fire in Years as Tensions Escalate

Afghanistan and Pakistan Exchange Deadliest Border Fire in Years as Tensions Escalate

PESHAWAR/KABUL — Afghanistan and Pakistan have exchanged their deadliest cross‑border fire in years, leaving scores of soldiers and civilians dead, shuttering key trade routes, and raising fears of a wider conflict along one of the world’s most volatile frontiers. The clashes, which erupted over the weekend and continued

Obama Warns Trump’s Troop Deployments to U.S. Cities Threaten Core Democratic Traditions

Obama Warns Trump’s Troop Deployments to U.S. Cities Threaten Core Democratic Traditions

WASHINGTON — Former President Barack Obama has sharply criticized President Donald Trump’s decision to deploy federal troops and National Guard units to American cities, calling the move “a genuine effort to weaken how we have understood democracy.” His remarks, delivered during an interview on the final episode of comedian Marc

Fed’s Powell Signals End of Tightening Program, Opens Door to Rate Cuts as Economy Shows Strain

Fed’s Powell Signals End of Tightening Program, Opens Door to Rate Cuts as Economy Shows Strain

WASHINGTON — Federal Reserve Chair Jerome Powell suggested Tuesday that the central bank’s long‑running balance sheet reduction program could soon come to an end, a signal that policymakers are preparing to shift toward a more accommodative stance as the U.S. economy shows signs of strain. Speaking at an

Trump and GOP Reframe 2020 Election History as Biden Presidency Takes Center Stage in Political Narrative

Trump and GOP Reframe 2020 Election History as Biden Presidency Takes Center Stage in Political Narrative

WASHINGTON — Five years after the tumultuous 2020 election, a new political narrative has taken hold in Republican circles: that Joe Biden, not Donald Trump, was effectively the president during that year. The claim, repeated by Trump and echoed by GOP allies, is not a literal rewriting of history — Trump was

Ukraine and Russia’s Intensifying Energy War Deepens Gas Shortages and Economic Pain

Ukraine and Russia’s Intensifying Energy War Deepens Gas Shortages and Economic Pain

KYIV — The war between Ukraine and Russia has entered a new and punishing phase, one fought not only on the battlefield but across pipelines, refineries, and power grids. As both sides escalate attacks on each other’s energy infrastructure, the fallout is being felt far beyond the front lines, with

Analysis: Wall Street rallies as Dow climbs 400 points after Trump signals thaw in U.S.–China trade rift

Analysis: Wall Street rallies as Dow climbs 400 points after Trump signals thaw in U.S.–China trade rift

NEW YORK — U.S. stocks jumped sharply Monday after President Donald Trump posted conciliatory comments over the weekend that appeared to ease investor fears of an imminent escalation in U.S.-China trade hostilities. Dow futures rallied in premarket trading and translated into a roughly 400-point intraday rebound for the