Current affairs
Current Affairs
Daily USA updates on politics, economy, foreign policy, technology, and society. (No images)
USA
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Updated: August 13, 2025
Economy & The Fed
August 13, 2025
- Headline inflation is easing versus last year; core inflation remains sticky.
- Markets see a possible September rate cut; policymakers remain data-dependent.
- Borrowing costs for homes and small businesses hinge on upcoming inflation prints.
Congress & Budget
August 13, 2025
- Lawmakers face a tight timeline to pass funding and avoid a shutdown.
- Debates on topline spending and border-security riders are expected.
White House & Trade
August 13, 2025
- Tariffs are feeding into some consumer prices, complicating disinflation.
- Firms balance supply-chain resilience with cost pressures.
Foreign Policy
August 13, 2025
- Support for Ukraine remains central amid broader security debates.
- U.S.–China contacts continue in select areas despite strategic rivalry.
Technology & Industry
August 13, 2025
- AI and semiconductor policy guide new investments and jobs.
- Regulatory proposals target transparency and competition in digital markets.
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