The Wall Street brokerage had previously said it expected two 25 bps rate cuts in March and June .

Peers Goldman Sachs and Wells Fargo continue to expect two interest rate cuts this year .

President Trump 's tariff policy is expected to drive up inflation and will increase pressure on the U.S. central bank.

On the first day of his presidency, President Trump signed an executive order advancing the Ambler Access Project , a 211-mile industrial road through the Brooks Range foothills that enables commercial mining for copper, zinc and other materials in a remote Arctic area in Northwest Alaska .

That executive order reverses a move by former President Biden to block the project and represents a significant change in energy policy, according to experts who spoke to Fox News Digital .

"President Biden issued 70 executive actions that discouraged tapping into Alaska 's natural resources and public lands access," Gabriella Hoffman said.

President Trump signed an executive order which he said will "unleash American energy" by directing agencies to revise and rescind actions that impose undue burdens on domestic mining.

" The Trump Administration is unwavering in its commitment to securing America ’s energy future," White House Deputy Press Secretary Anna Kelly told Fox News Digital .

Donald Trump announced that a round of tariffs were coming for Canadians over the weekend .

Niagara Falls Mayor Jim Diodati said it was like a "punch in the gut" for his constituents.

Sault Ste . Marie , Ont ., mayor said there is a "sense of betrayal" in border communities.

Sarnia, Ontario , and Fort Erie , Ontario also have a border crossing.

The tariffs are large enough that they cannot be absorbed by the exporter or the importer, so will have to be passed on to US and Canadian customers.

Up in Sault Ste . Marie , the largest employer is Algoma Steel , which sends most of its product to the U.S. A downturn in steel production would ripple across these industries, leading to financial hardship for families.

U.S. Postal Service temporarily suspends parcels from China and Hong Kong .

President Donald Trump ended a trade provision this week used by retailers including Temu and Shein to ship low-value packages duty-free.

USPS said the change will not impact the flow of letters and 'flats' - mail that can be up to 15 inches ( 38 cm ) long or 3/4 inches ( 1.9 cm ) thick).

The U.S. is discussing whether to add Shein and Temu to the Department of Homeland Security's ' forced labor' list, Semafor reported.

The move would be another blow to the two China -founded e-commerce platforms, the report said.

The State of the Nation Project is a bipartisan collaboration of former appointees and advisors from the past five presidential administrations.

The report provides a consensus-based "progress report" for the nation that rises above polarizing headlines and campaign speeches to candidly assess the current state of the country.

The country is doing extremely well in some areas and extremely poorly in many others.

Ripple CEO Brad Garlinghouse has thrown his weight behind the latest developments in the US crypto space, calling them a “big deal’s” Comments follow a press conference by US Crypto Czar David Sacks , which sparked debates over the country's approach to Bitcoin reserves and broader digital asset policies.

Sacks acknowledged the Ripple CEO's support, further fueling speculation about Ripple 's potential role in upcoming regulatory frameworks.

Brad Garledhouse sees the legislative push for crypto clarity as a breakthrough moment for US .

U.S. exports of liquefied natural gas ( LNG ) to Europe jumped in January as cold weather drove up demand and prices rose.

Nearly nine of every ten cargoes leaving the United States headed to Europe .

Total exports to all countries for the month reached 8.46 million metric tonnes (MT) That is just shy of the monthly record of 8.6 MT hit in December 2023 .

UConn researchers have developed a way to better account for how plants influence the flow of water around the planet.

Plants play essential roles in Earth 's processes, from capturing carbon and making oxygen available for other life forms like humans.

Scientists have moved towards accounting for differences by creating databases, like the TRY Plant Trait Database .

Knighton says they consider this work to be a low-order approximation, but it is an important starting point.

As more data is collected from field researchers, the data can be used to update and refine the interpolated data to improve the accuracy of this approach.

Eventually, the researchers hope to apply the method to forested sites across the globe.

Chartered Professional Accountants of Canada (CPA Canada ) has cemented a partnership with the Institute of Chartered Accountant of Pakistan (ICAP) Under the terms of the MOU , ICAP members who have achieved their qualifications outside of Canada may be granted advanced standing within the Canadian CPA certification programme.

This arrangement is contingent upon meeting certain criteria including the payment of applicable fees and dues.

U.S. users depend on aluminium producers in Canada for more than half of their imported needs.

The United Arab Emirates and Bahrain are both major aluminium producers.

Redirection of trade flows could soften the impact of the tariffs, analysts say.

The imposition of tariffs represent a "significant upside risk," ING analysts wrote in a note.