Global financial leaders are rallying around a new initiative dubbed the "Rio Reset," an economic framework that could significantly weaken the U.S. dollar's global standing.
U.S. Treasury Secretary Scott Bessent said the administration is "very close" to completion of multiple trade deals with U.S. trading partners in Asia.
Democrats in California's State Assembly Public Safety Committee voted to block legislation that would have prohibited biologically male inmates, including convicted sex offenders, from being housed in women’s prisons.