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Trump says he may allow lawsuit against Fed chief Powell over renovations
Trump in a social media post on Tuesday resumed his criticism of the Fed chair over the central bank's decision to hold interest rates steady and again hammered Powell over the renovation work
 "Trump says he may allow lawsuit against Fed chief Powell over renovations")
China asks companies not to use Nvidia H20 chips in a new guidance
Over the past few weeks, Chinese authorities have sent notices to a range of firms discouraging use of the less-advanced semiconductors, people familiar with the matter said
 "China asks companies not to use Nvidia H20 chips in a new guidance")
M&M expands capacity at South African plant as US tariffs hit auto sector
Sluggish growth in the continent's most-industrialized nation has led South Africans to demand more economical cars
 "M&M expands capacity at South African plant as US tariffs hit auto sector")
Xi Jinping takes aim at US' protectionism in phone call with Brazil's Lula
Brazil's president, known universally as Lula, and Chinese leader Xi Jinping also agreed on upholding multilateralism through the Group of 20 and Brics
 "Xi Jinping takes aim at US' protectionism in phone call with Brazil's Lula")
Trump's tax law squeezes poor, boosts income for wealthy, says CBO
Earners in the middle of the distribution will see their annual resources grow by about $800 to $1,200 on average, according to the analysis
 "Trump's tax law squeezes poor, boosts income for wealthy, says CBO")
Donald Trump says gold imports won't be tariffed in reprieve for market
Gold futures traded on New York's Comex and the global benchmark for spot prices in London were little-changed after Trump's post
 "Donald Trump says gold imports won't be tariffed in reprieve for market")
India's tax reform needs more economic focus, less political manoeuvring
Over eight years later, GST has fallen short of expectations, prompting the government to appoint Home Minister Amit Shah to lead negotiations for its reform
 "India's tax reform needs more economic focus, less political manoeuvring")
State-run Shipping Corp of India to buy 26 local vessels in $2 bn deal
The ships will have cumulative internal volume of 1.18 million gross tonnes, and delivery will be staggered over several years as they are completed
 "State-run Shipping Corp of India to buy 26 local vessels in $2 bn deal")
Trump's 50% tariffs forcing Indian banks to scrutinise exporters' loans
Lenders are asking borrowers more pointed questions when vetting new export financing proposals or renewals of such funding
 "Trump's 50% tariffs forcing Indian banks to scrutinise exporters' loans")
EV adoption surges in developing nations, challenging oil demand narrative
Like the EV surge in Gulf oil nations, it signals a rapid global shift to electric mobility, making OPEC's forecast of a 50% rise in developing nations' oil use by 2050 seem unrealistic
 "EV adoption surges in developing nations, challenging oil demand narrative")
Computer-driven traders bullish on stocks while humans remain bearish
Wall Street offers a lot of confident predictions, but the reality is nobody knows what will happen with President Donald Trump's trade agenda or the Federal Reserve's interest-rate policy
 "Computer-driven traders bullish on stocks while humans remain bearish")
US core inflation likely to increase as higher tariffs push up prices
The core consumer price index, regarded as a measure of underlying inflation because it strips out volatile food and energy costs, rose 0.3 per cent in July
 "US core inflation likely to increase as higher tariffs push up prices")
US inflation likely to rise in July as higher tariffs drive up prices
The core consumer price index, regarded as a measure of underlying inflation because it strips out volatile food and energy costs, rose 0.3 per cent in July, according to the Bloomberg survey
 "US inflation likely to rise in July as higher tariffs drive up prices")
Trump admin moves to dismiss Harvard's lawsuit over ban on foreign students
The dispute involves Harvard's certification with the Student Exchange and Visitor Program - a requirement for any university to enroll international students
 "Trump admin moves to dismiss Harvard's lawsuit over ban on foreign students")
Zelenskyy vows Ukraine won't cede land but seeks lasting peace with Trump
Zelenskyy said any decisions made without Ukraine are against peace and will achieve nothing
 "Zelenskyy vows Ukraine won't cede land but seeks lasting peace with Trump")
Trump admin threatens to seize millions in valuable Harvard patents
Harvard has until Sept. 5 to prove it's complying with the requirements, including whether it showed a preference for US manufacturing, or risk forfeiting its patents
 "Trump admin threatens to seize millions in valuable Harvard patents")
William Webster, only person to lead both FBI and CIA, dies at 101
Appointed judge by Nixon, FBI chief by Carter, and CIA head by Reagan, Webster was retained by George HW Bush until his retirement in 1991
 "William Webster, only person to lead both FBI and CIA, dies at 101")
Trump admin weighs military action against Latin American drug cartels
A pending US-Mexico security deal will enable joint monitoring of criminal groups and enhance coordination between security forces along the shared border
 "Trump admin weighs military action against Latin American drug cartels")
Trump weighs $30 bn Fannie Mae and Freddie Mac IPO for later this year
Plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their stock with an offering expected to raise about $30 billion
 "Trump weighs $30 bn Fannie Mae and Freddie Mac IPO for later this year")
Wall Street and AI startups are fighting over entry-level quants
his month, the San Francisco-based firm is going global with another quant "social hour" in London
 "Wall Street and AI startups are fighting over entry-level quants")