Trump’s Top Economic Advisor Emerges as Frontrunner to Lead U.S. Fed
Kevin Hassett, Trump’s trusted economic advisor, now leads betting markets as the likely successor to Jerome Powell as chair
July 16, 2025Section
North America
The United States and Canada set the price of money, the direction of technology, and the trade rules the rest of the world lives by. The Rio Times covers North America through an emerging-market lens: the Fed and the dollar, Wall Street and the AI boom, tariffs and the policies that decide how capital flows to – or away from – Latin America. This hub gathers our daily US and Canada coverage and connects it to the wider Global South story.
Browse by themeUS Markets & Wall Street · The Fed & US Economy · US Tech & AI · US Trade & Policy · US-Canada & Latin America
U.S. Industrial Production Rises 0.3% in June, Factories Operate Below Capacity
Industrial production in the United States rose 0.3% in June compared to May, according to the Federal Reserve.
July 16, 2025
Mortgage Demand Drops in the U.S. as Producer Prices Stabilize in June
On July 16, official U.S. data revealed a clear slowdown in housing market activity amid rising borrowing costs.
July 16, 2025
Nvidia Clears U.S. Hurdle, Reclaims Chinese Market Share with A.I. Chip Sales
Nvidia, the biggest name in computer chip technology, can once again sell its advanced H20 artificial intelligence chips
July 16, 2025
SpaceX Reaches $400 Billion Value as Starlink and Rocket Business Soar
SpaceX, Elon Musk’s private space company, has reached a valuation of $400 billion, making it the most valuable private
July 16, 2025
U.S. Lawmakers Reject Key Crypto Rules, Leaving $2 Trillion Market in Limbo
On July 15, 2025, the U.S. House of Representatives voted down the GENIUS Act—legislation meant to create firm ground
July 16, 2025
U.S. Launches Broad Trade Probe Into Brazil, Targeting Tariffs, Tech, and Environmental Policy
The United States government has launched a major trade investigation targeting Brazil, deepening economic and political
July 16, 2025
The ‘Third World War’ Narrative: Why a Russian Thinker and NATO Are Talking Past One Another
(Analysis) Dmitry Trenin, director of the Carnegie Moscow Centre, argues bluntly that “the world war is already here
July 15, 2025
U.S. Pauses Proposed 32 % Tariff on Indonesian Goods Pending Energy Purchase Talks
On 15 July, the U.S. administration suspended plans to apply a 32 % tariff on imports from Indonesia after Jakarta...
July 15, 2025