US News
LAST UPDATE: September 3, 2025
US regulators cancel bank exams as Trump rollback gathers pace
U.S. regulators have begun reducing or canceling bank exams, focusing on core risks and replacing formal enforcement with informal guidance.
Insight
Marks a rollback of post-crisis oversight in favor of lighter regulation, raising concerns about gaps in supervision.
Trump says he’s not concerned about Russia and China forming axis against US
President Trump said he is “not concerned at all” about a potential alliance between Russia and China.
Insight
Reflects a downplayed perception of strategic threats despite signs of closer ties between Moscow and Beijing.
US manufacturing activity contracted in August for a sixth month
U.S. manufacturing shrank for the sixth consecutive month in August, though the PMI rose slightly to 48.7%.
Insight
Persistent weakness highlights tariff-related uncertainty and sluggish global demand.
US construction spending dips in July
Construction spending in the U.S. fell 0.1% in July, with housing investment showing little growth.
Insight
High mortgage rates continue to weigh on activity, signaling softness in the housing sector.
Over 85 scientists say Energy Dept. climate report lacks merit
More than 85 climate scientists criticized the U.S. Energy Department’s new climate report, calling it scientifically flawed.
Insight
Underscores tensions between scientific consensus and politically influenced assessments.
