India approves Rafale jet purchase in  billion defense package ahead of Macron visit

India approves Rafale jet purchase in $40 billion defense package ahead of Macron visit

A French Air and Space Force Rafale fighter jet takes off from Air Base 120 in Cazaux, south-western France, on January 29, 2026, during the TOPAZE 2026 exercise. The TOPAZE 2026 exercise tests rapid redeployment capabilities and operational response in simulated high-intensity combat conditions. (Photo by Philippe LOPEZ / AFP via Getty Images) Philippe Lopez…

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Watch Fed Chair Powell’s full policy speech at Jackson Hole

Watch Fed Chair Powell’s full policy speech at Jackson Hole

Federal Reserve Chair Jerome Powell delivered his annual address Friday morning at the central bank’s annual symposium in Jackson Hole, Wyoming. He indicated that conditions ‘may warrant’ interest rate cuts as the Fed proceeds ‘carefully.’ Markets have been looking to Powell to provide strong hints about a September interest rate cut. For their part, the…

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Trump signs order to speed review of psychedelics, including ibogaine

Trump signs order to speed review of psychedelics, including ibogaine

President Donald Trump on Saturday directed his administration to speed up reviews of certain psychedelic drugs, including ibogaine, which recently has been embraced by combat veterans and conservative lawmakers despite having serious safety risks. Ibogaine is banned under the federal government’s most restrictive category for illegal, high-risk drugs. But the administration is taking steps to…

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Amazon, Etsy, e-commerce stocks climb

Amazon, Etsy, e-commerce stocks climb

E-commerce stocks that were exposed to President Donald Trump’s far-reaching global tariffs rallied Friday, after the Supreme Court struck down a key pillar of the president’s economic agenda. In a 6-3 ruling, the court said Trump does not have the legal authority to impose tariffs under the International Economic Powers Act, the method by which…

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