Australia’s Prime Minister Anthony Albanese Secures Historic Second Three-Year Term Sydney, May 3, 2025 – Australian Prime Minister Anthony Albanese has achieved a historic victory, winning a second consecutive three-year term as leader of the center-left Labor Party in the federal election held on Saturday, May 3, 2025. This marks the first time in 21 … Read more
Macy’s Profit and Sales Decline in Q1, Cuts 2025 Profit Forecast but Beats Expectations New York – May 28, 2025 Macy’s, Inc. reported a decline in sales and profit for the first quarter of 2025, citing cautious consumer spending and looming U.S. trade war tariffs as key pressures, prompting the department store chain to lower … Read more
On May 28, 2025, the U.S. Court of International Trade delivered a significant blow to President Donald Trump’s trade agenda, ruling that he overstepped his authority by imposing sweeping tariffs on imports from dozens of countries under the International Emergency Economic Powers Act (IEEPA). The decision, issued by a three-judge panel appointed by Presidents Reagan, … Read more