Author: Global Desk

Bari Weiss has built her career on disrupting institutions she believes have lost their way. From her high-profile departure from The New York Times—where she accused the paper of ideological conformity—to founding The Free Press, an independent media startup aimed at defending open debate, Weiss has positioned herself as a leading critic of legacy journalism’s drift into activism and groupthink. Now, in a move that has stunned both traditional media insiders and her growing audience, Weiss is stepping into a new and formidable challenge: helping revive CBS News, one of America’s oldest broadcast networks, at a moment when both the channel and the…

When Donald Trump returned to the center of American politics with his revived “America First” doctrine, world leaders once again found themselves navigating a familiar but increasingly complex landscape. In the short term, many governments have chosen to work with Trump pragmatically—striking bilateral deals, offering concessions, or adjusting diplomatic tone to avoid economic fallout. But behind the scenes, a much longer game is unfolding. Across Europe, Asia, Africa, and the Middle East, nations are quietly preparing for a future in which the United States is no longer viewed as a predictable partner or the stabilizing anchor of the international system.…

U.S. stocks fell sharply as investors grew increasingly cautious ahead of a key week of economic data and a looming Federal Reserve meeting. Market participants are weighing signals from policymakers, corporate earnings, and inflation trends, creating a climate of heightened volatility that has rattled equities across sectors. Markets React to Fed Uncertainty The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all posted losses, with technology and growth stocks hit particularly hard. Analysts attribute the pullback to a combination of Fed-induced caution, disappointing economic indicators, and lingering concerns about global growth. Investors are closely monitoring the Fed’s messaging, which has recently suggested that interest…

A new trove of private emails connected to the late financier Jeffrey Epstein has sparked controversy after revealing that former U.S. Treasury Secretary Larry Summers and a senior Goldman Sachs attorney privately criticized Donald Trump in correspondence with Epstein years before the financier’s death. The revelations have reignited public scrutiny over Epstein’s vast network of elite contacts — and the ways in which powerful figures interacted with him long after his initial conviction. The Leaked Communications The emails, which surfaced as part of ongoing court disclosures linked to civil litigation involving Epstein’s estate, show an extended exchange between Larry Summers, a prominent Harvard economist and former Treasury Secretary under President…

President Donald Trump is planning a high-profile dinner with JPMorgan Chase CEO Jamie Dimon and a roster of prominent Wall Street executives, signaling his ongoing influence in the financial and political spheres. The gathering, reportedly set for the coming weeks, underscores Trump’s effort to maintain strong ties with the business community and cultivate relationships with the financial sector as he navigates the next phase of his political career. The Significance of the Dinner Trump’s meetings with leading financial figures reflect a broader strategy to maintain visibility and influence within sectors critical to economic policymaking. Jamie Dimon, widely regarded as one…

As the government shutdown looms toward its end, U.S. air travelers face the reality that airport operations may not immediately return to normal. The airline industry is warning that even after federal employees return to work, disruptions at airports could persist for several days, affecting flights, security screenings, and overall travel schedules. Delayed Recovery Beyond the Shutdown Airlines and airport authorities stress that the resumption of normal operations is not instantaneous. Even once a shutdown concludes, the backlog of delayed flights, understaffed security checkpoints, and processing of passengers could take several days to clear. The airlines’ trade association has urged…

The U.S. dollar is making a forceful comeback, positioning itself as one of the most attractive assets for investors amid a period of global economic uncertainty. Analysts warn that this resurgence is likely to influence capital flows worldwide, with dollar carry trades set to potentially outperform equities and challenge the momentum of booming stock markets. In this article, we explore the mechanics of dollar carry trades, why the greenback is regaining its appeal, the implications for global equity markets, and what investors should consider in this evolving financial landscape. Understanding Dollar Carry Trades A carry trade is a financial strategy in which investors borrow…

The U.S. Senate took a critical step toward ending the ongoing government shutdown on Friday, advancing a short-term spending plan after a group of moderate Democrats broke ranks with party leadership to support the package. While the vote signals potential progress, lawmakers cautioned that the timing for a full reopening of the federal government remains uncertain. The vote reflects growing urgency within Congress to restore government operations after multiple agencies and federal programs were partially shuttered, affecting millions of Americans and delaying key services. The shutdown, now stretching into its second week, has triggered disruptions across sectors ranging from national parks and public…

President Donald Trump confirmed on Friday that the United States plans to skip the upcoming G-20 Summit in South Africa, raising eyebrows among global leaders and analysts who see the move as a break from longstanding diplomatic norms. The summit, scheduled for late November in Pretoria, brings together leaders from the world’s largest economies to discuss pressing issues such as climate change, trade, global finance, and geopolitical tensions. Trump’s Statement and Rationale In a statement released via his political communications team, Trump said the decision reflects a desire to focus on domestic economic and security priorities, as well as concerns over the effectiveness and direction…

As global markets undergo seismic shifts in capital distribution, Bank of America (BofA) is doubling down on one of the most lucrative trends of the decade: the explosion of wealth among the ultra-rich in the United States. In a recent address to investors, CEO Brian Moynihan outlined what he described as a “huge opportunity” in the domestic wealth management business, with particular focus on ultra-high-net-worth (UHNW) individuals — those with investable assets exceeding $30 million. “We’re looking at an unprecedented transfer and expansion of wealth in the United States,” Moynihan said. “This isn’t just about managing assets — it’s about being at the center of how the…