Europe's Central Bank leaves key interest rate unchanged as businesses weather U.S. tariffs

Chicago's Mayor Johnson is proposing a controversial head tax on businesses, which would charge a fee for each employee. This move has sparked significant debate, as many argue it could burden local businesses and hinder economic growth. Understanding the implications of such a tax is crucial for residents and business owners alike, as it could affect job creation and the overall economic landscape of the city.

In the current uncertain economy, many American homebuyers are experiencing a wave of anxiety as deals for home sales increasingly fall through. Sticker shock and second thoughts are leaving potential buyers feeling adrift, as they grapple with the emotional toll of losing out on homes they hoped to purchase. This trend matters because it reflects broader economic challenges and the struggles of individuals trying to navigate a volatile housing market.

Home prices have shown their weakest gain in over two years, now increasing at about half the rate of inflation. This trend is concerning as it indicates a slowdown in the housing market, which could impact homeowners and potential buyers alike. Understanding these shifts is crucial for anyone involved in real estate or looking to make housing decisions.

The potential end of the automatic grace period for work permit renewals by the Trump administration could create significant challenges for law-abiding immigrants and businesses. This change may lead to unnecessary chaos, as many rely on this grace period to maintain their employment status while navigating the renewal process. It's crucial for the Department of Homeland Security to reconsider this decision, as it could have far-reaching implications for the workforce and the economy.

In a significant development, Donald Trump announced that the United States has reached an agreement with China to lower overall tariffs on Chinese goods to 47%. This deal also includes provisions related to rare earths, which are crucial for various technologies. The agreement is seen as a positive step towards easing trade tensions between the two nations, potentially benefiting both economies. Additionally, the far-right political faction in the Netherlands appears to be losing support following recent elections, indicating a shift in the political landscape.

President Trump and Chinese President Xi Jinping met in South Korea for a crucial discussion on trade, which is vital for both nations' economies. Trump expressed confidence in the meeting's success, highlighting Xi's negotiating skills. This meeting is significant as it could shape future economic relations and trade policies between the world's two largest economies, impacting global markets and trade dynamics.

The Federal Reserve's recent decision to cut the benchmark federal funds rate by a quarter percentage point to a range of 3.75% to 4% is significant for homeowners and potential buyers. This rate cut can lead to lower mortgage rates, making home financing more affordable and stimulating the housing market. It's a move that reflects the Fed's efforts to support economic growth and ease financial pressures, which could benefit many families looking to buy or refinance their homes.

The U.S. Federal Reserve has made a cautious decision to cut interest rates, acknowledging the uncertainty in the economy and the limitations posed by the ongoing government shutdown. This move has sparked some dissent among policymakers, highlighting the complexities of navigating economic data during such turbulent times. Understanding these changes is crucial as they can impact borrowing costs and economic growth.

Jaclyn Smith, the beloved star of 'Charlie's Angels', has just celebrated her 80th birthday, and fans are in awe of her youthful appearance and timeless elegance. This milestone not only highlights her enduring beauty but also reminds us of the impact she has had on audiences over the years. Her ability to captivate hearts even at this age is a testament to her charm and talent.

In a thrilling turn of events, the Los Angeles Dodgers have pushed the World Series to a decisive Game 7, where they may need to rely on the exceptional talent of Shohei Ohtani as their starting pitcher. This situation highlights the unique challenges posed by MLB rules, particularly in high-stakes games. Ohtani's dual-threat capability as both a pitcher and hitter makes him a pivotal player, and how the Dodgers manage his role could significantly impact the outcome of the series. Fans are eager to see how this unfolds, as it could define the legacy of both Ohtani and the Dodgers.

TV trays are making a comeback in American homes as streaming culture and remote work change how we live. These once kitschy items are now being embraced as multifunctional furniture, blending nostalgia with modern convenience. This trend highlights how our living spaces are evolving to accommodate new lifestyles, making it easier to enjoy meals while catching up on favorite shows.

Kelsey Grammer has welcomed a new child at the age of 70, joining the ranks of other Hollywood stars like Al Pacino and Robert De Niro who have become fathers later in life. This trend highlights a shift in societal norms around parenthood, showing that age is becoming less of a barrier for many in the entertainment industry. It's a heartwarming reminder that joy and family can come at any stage of life.

In a disturbing revelation, conservative activist Charlie Kirk shared chilling text messages predicting his own assassination, as disclosed by his former colleague Candace Owens. This alarming prophecy raises concerns about the safety of public figures and the extreme rhetoric often found in political discourse, highlighting the potential dangers that can arise from divisive political climates.

Prime Minister Mark Carney has confirmed that he apologized to U.S. President Donald Trump following the airing of an anti-tariff advertisement in the United States. This incident highlights the delicate nature of international relations, especially concerning trade policies, and underscores the importance of diplomatic communication between leaders.