HealthcarePolicy

White House to Unveil Employer-Based IVF Coverage Initiative

The White House is preparing to announce a new policy initiative that would encourage employers to offer in vitro fertilization coverage as a separate benefit. This marks the administration’s first concrete action on an issue President Trump repeatedly promised to address during his campaign. The guidance comes after months of deliberation between IVF proponents and conservative groups with ethical concerns.

New Fertility Coverage Initiative

The White House is set to announce a policy proposal that would make in vitro fertilization more accessible through employer-based coverage options, according to administration officials familiar with the matter. President Donald Trump is expected to make the announcement from the Oval Office on Thursday afternoon, representing the administration’s first concrete step toward addressing an issue he frequently highlighted during his campaign.

GovernmentPolicy

US Regulators Reverse Climate Risk Standards for Banks Following Political Pressure

US banking regulators have withdrawn climate-related financial risk standards for financial institutions. The move follows significant pressure from former President Donald Trump and Republican lawmakers who argued climate considerations had become overly influential in financial regulation.

Regulatory Shift on Climate Risk Management

United States banking regulators have reportedly reversed course on requiring financial institutions to detail their management of climate-related financial risks, according to recent statements from federal agencies. The decision comes after sustained pressure from former President Donald Trump and Republican Party lawmakers who have consistently argued that climate considerations were exerting undue influence on banking oversight.

International Business and TradePolicy

US-China Trade Tensions Escalate Over Export Controls and Rare Earths

Trade tensions between the United States and China have intensified following new export controls on batteries and rare earth elements. Both nations have exchanged threats and retaliatory measures, creating uncertainty in global markets. The situation highlights what analysts describe as “mutually assured disruption” between the world’s two largest economies.

Escalating Trade Tensions

Trade relations between the United States and China have reached a new critical point as both nations implement aggressive export control measures, according to recent reports. The tension escalated when President Donald Trump threatened retaliation against Beijing’s new restrictions on batteries and rare earth elements, crucial components in numerous high-tech industries.

BusinessInternational Business and Trade

DBS CEO Advocates Diversification Strategy Amid Trump Tariff Threats, Points to Asia Trade Shifts

Southeast Asia’s largest bank faces economic uncertainty as U.S. tariffs threaten global trade flows. DBS’s first female CEO reveals how diversification and regional partnerships could redefine supply chains. The banking leader also shares insights on her transformative journey from “worst bank” to industry powerhouse.

Economic Storm Clouds Gather as New CEO Takes Helm

DBS Group Holdings Ltd., Southeast Asia’s largest bank, faced immediate economic headwinds as CEO Tan Su Shan assumed leadership in March, just days before former U.S. President Donald Trump implemented sweeping tariff measures across global markets, according to reports from the Fortune Most Powerful Women Summit.

GovernmentPolicy

Trump Confirms CIA Authorization in Venezuela Amid Escalating Tensions

President Donald Trump has confirmed he authorized CIA operations inside Venezuela, marking a rare public acknowledgment of intelligence activities. The move comes as the U.S. increases military pressure on the government of Nicolás Maduro, whom Washington does not recognize as Venezuela’s legitimate leader.

Trump Acknowledges CIA Authorization in Venezuela

President Donald Trump has publicly confirmed he authorized the Central Intelligence Agency to conduct operations inside Venezuela, according to reports from the Oval Office. In a highly unusual acknowledgment from a U.S. commander-in-chief about spy agency activities typically shrouded in secrecy, Trump stated he authorized the action for two primary reasons.

GovernmentPolicy

Government Shutdown Day 15: White House Warns of Job Cuts, Court Halts Firings Amid Political Standoff

The White House warns over 10,000 federal jobs could be eliminated as a court temporarily blocks mass firings during the 15-day government shutdown. Political leaders exchange accusations over responsibility for the stalemate, centered on healthcare funding disputes and allegations of targeted budget maneuvers.

Shutdown Enters 15th Day With Court Intervention

The federal government shutdown entered its 15th day as a court temporarily halted planned mass firings while the White House warned more than 10,000 jobs could be cut, according to reports. The Office of Management and Budget had instructed federal agencies to formulate plans for mass layoffs, identifying programs whose discretionary funding expired October 1st and those not aligning with administration priorities.

EnergyPolicy

Trump Administration Backs Texas Firm’s Offshore Drilling Expansion After California Oil Spill

The Trump administration is supporting a Texas-based fossil fuel company’s plan to resume oil pumping through a pipeline that caused California’s worst coastal spill in decades. The 2015 rupture released over 140,000 gallons of crude, devastating marine life and local fisheries along 150 miles of coastline.

California’s Devastating Oil Spill Legacy

When a corroded pipeline burst in 2015, inky crude spread along the Southern California coast, becoming the state’s worst oil spill in decades, according to reports. More than 140,000 gallons (3,300 barrels) of oil gushed out, blackening beaches for 150 miles from Santa Barbara to Los Angeles and polluting biologically rich habitats for endangered species.

Economy and TradingInternational Business and Trade

US Imposes 45% Tariffs on Canadian Lumber Amid National Security Concerns

The Trump administration has imposed additional tariffs on Canadian lumber, bringing total duties to over 45%. While officials cite national security concerns, researchers suggest tariffs alone may not stimulate needed long-term investments in US forestry infrastructure.

Escalating Trade Measures Target Canadian Lumber

President Donald Trump has announced new tariffs on imported timber and wood products, including an additional 10% tariff on Canadian lumber, according to administration officials. These measures, implemented on September 29, 2025, build upon 35% tariffs imposed in August, potentially bringing total duties on Canadian softwood lumber imports to over 45% starting October 15. Sources indicate this represents the latest development in a trade dispute dating to the 1980s, when U.S. producers first alleged Canadian companies benefited from unfair government subsidies.