Turbulent Times in the U.S.: Rates, Rare Earths, and Restraints
A roundup of current U.S. domestic news highlights Trump's criticism of Fed Chair Powell over interest rates, the expansion of rare earth projects, and challenges in the job market. The CDC excludes experts from vaccine panels, and Uber faces scrutiny for false assault claims. Legal actions follow Boeing and Federal Reserve concerns continue.
U.S. domestic news this week featured President Trump's persistent criticism of Federal Reserve Chair Jerome Powell, urging action on interest rates. Trump's social media tirades demand significant rate reductions, as the Federal Reserve faces increasing pressure amid economic shifts.
Simultaneously, the Trump administration plans to bolster U.S. rare earth projects to combat China's market dominance, reinforcing critical mineral supplies essential for tech giants like Apple and Microsoft. This initiative reflects a strategic economic pivot, particularly as job growth shows signs of slowing, with July's employment figures falling short of expectations.
In separate developments, an exclusive report indicated the CDC's controversial move to exclude vaccine experts from key panels, stirring public health concerns, while Uber battles legal issues over alleged fake receipts in assault claim cases, demanding more robust evidence from accusers.
(With inputs from agencies.)

