U.S. President Donald Trump's decision to ramp up arms shipments to Ukraine is a signal to Kyiv to abandon peace efforts, Russia said on Thursday, vowing it would not accept the "blackmail" of Washington's new sanctions ultimatum.

France and Italy have refused to participate in Donald Trump’s plan to send US-made weapons to Ukraine. Governments across Europe are pondering whether to take part in the $10bn initiative. It will involve Ukraine’s allies on the continent,

Major construction work continues at the U.S. Federal Reserve building as U.S. President Donald Trump voices complaints about Fed Chair Jerome Powell, in Washington, D.C., U.S., July 14, 2025. REUTERS/Jonathan Ernst/File Photo (Reuters) -The spiraling cost of the Federal Reserve's years-long renovation of two historic buildings in Washington,

President Trump denied he plans to fire Federal Reserve chairman Jerome Powell after telling Republican lawmakers he would likely make the move.

Speculation over whether President Donald Trump is planning to oust Federal Reserve Chair Jerome Powell was heating up Wednesday after published reports, even as the president himself said he was “not planning” such a move.