The Federal Reserve's FOMC statement: lowered the discount rate from 4.25% to 4%.
Federal Reserve's FOMC statement showed a cut in the discount rate from 4.25% to 4%.
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Trump Urges South Korea to Help Boost U.S. Shipbuilding and Challenge China’s Growing Maritime Power
- Trump announced U.S.-South Korea nuclear submarine tech sharing, enabling Seoul to build nuclear-powered subs at Philly Shipyard owned by Hanwha. - The move aligns with $150B South Korean investment in U.S. shipbuilding and broader $350B economic pact to offset U.S. tariffs. - HD Hyundai and HII signed a joint shipbuilding agreement to address U.S. capacity gaps, part of South Korea's "Make American Shipbuilding Great Again" initiative. - The decision intensifies regional tensions as North Korea develops
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