Trump uses rare presidential power to cancel $5B in foreign aid, sparking legal and congressional scrutiny.
Fed Governor Waller backs September rate cut, expects further reductions in the coming months.
Gap Inc. reports stable financial results, with higher Q2 profit and rising comparable sales, but faces challenges like tariff impact and struggles in Athleta segment.
Trump uses rare presidential power to cancel $5B in foreign aid, sparking legal and congressional scrutiny.
Fed Governor Waller backs September rate cut, expects further reductions in the coming months.
Gap Inc. reports stable financial results, with higher Q2 profit and rising comparable sales, but faces challenges like tariff impact and struggles in Athleta segment.