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Washington has been pushing for a full, 30-day ceasefire as a first step towards a wider settlement of the grinding three-year-old war. But in a 90-minute call with Donald Trump on Tuesday, Russian President Vladimir Putin refused, insisting that any such deal would be contingent on the West halting all military aid for Ukraine. According to the Kremlin, Putin has already ordered his military to pause strikes against Ukrainian energy targets for 30 days. The highly anticipated Putin-Trump call also resulted in the announcement that Russia and Ukraine will exchange 175 prisoners each on Wednesday.

The Fed will release its latest policy statement on Wednesday, where the central bank is widely expected to keep interest rates unchanged, along with its updated summary of economic projections (SEP).

Oil prices slid on Wednesday after Russia agreed to U.S. President Donald Trump's proposal that Moscow and Kyiv stop attacking each other's energy infrastructure temporarily, which could lead to more Russian oil entering global markets. Brent crude futures were down 12 cents, or 0.2%, at $70.44 a barrel by 0106 GMT. U.S. West Texas Intermediate crude (WTI) lost 15 cents, or 0.2%, to $66.75.

Bank of Japan (BOJ) and the Federal Reserve later in the day. Overnight, Israeli airstrikes pounded Gaza and killed more than 400 people, U.S. President Donald Trump and Russian President Vladimir Putin failed to reach an agreement on a Ukraine ceasefire and Germany's outgoing parliament approved plans for a massive spending surge.

wolfdog" worth $5 million. Cadabomb Okami, named by an Indian dog breeder, is the world's most expensive dog. The pup, who is part wolf and part Caucasian Shepherd, has already become a celebrity, making high-profile appearances and drawing crowds eager to see him.

Ukraine has signalled support for a U.S.-proposed pause in attacks on Russian energy infrastructure. The agreement, backed by Washington and Moscow, follows a call between U.S. President Donald Trump and Russian President Vladimir Putin. Ukrainian President Volodymyr Zelensky, however, made it clear that Kyiv needed more details before making a final decision. «After we get the details from the U.S. president, from the U.S. side, we will give our answer,» Zelensky said in an online briefing. He added that Ukraine would honour the agreement as long as Moscow also adhered to it. «Our side will maintain it,» he stated, but stressed that the U.S. should act as «guarantors of control over the implementation.»

«This war would have never started if I were President!» Trump wrote on Truth Social after the call. «Many elements of a Contract for Peace were discussed, including the fact that thousands of soldiers are being killed, and both President Putin and President Zelenskyy would like to see it end. That process is now in full force and effect, and we will, hopefully, for the sake of Humanity, get the job done!» The conversation, which lasted for over 90 minutes, was seen as a crucial step toward peace, but Washington is pushing for more. The US wants a comprehensive 30-day ceasefire covering all military operations, a proposal that Russia has yet to fully endorse.

Donald Trump’s second term, his partnership with Elon Musk continues to baffle political observers as the duo doubles down on their public camaraderie. This week, Trump flaunted his support for Musk by showcasing Tesla vehicles on the White House lawn, declaring plans to purchase one for official use. Hailing Musk as a “patriot,” Trump’s endorsement drew swift backlash from critics who called it a blatant promotion of Musk’s corporate interests.

Individual investors, whose assets are more tied to the stock market than ever, have abandoned their tried-and-true dip-buying mentality as the S&P 500 recently fell into a painful, 10% correction.

Chief Justice John Roberts pushed back against calls to impeach federal judges over their decisions, emphasizing the importance of judicial independence. His remarks come amid increasing political pressure on judges following controversial rulings on immigration and other hot-button issues.

The driver carved out the words — alongside a silhouette of Musk's now infamous 'salute' he gave at an inaugural event in Washington, DC. ALSO READ: As Tesla tanks, Musk’s chosen board chair stands strong as a badass woman in business world

US Treasury Secretary Scott Bessent on Tuesday said Washington could hold off reciprocal tariffs for countries that halt practices it deems unfair, adding that officials will produce a list of levies on April 2. This is the date on which President Donald Trump has promised reciprocal duties set to affect both US allies and competitors, with tariffs tailored to each trading partner. «What's going to happen on April 2 — each country will receive a number that we believe represents their tariffs,» Bessent told Fox Business in an interview, adding that the level could vary. «We are going to go to them and say, look, here's where we think the tariff levels are, non-tariff barriers, currency manipulation, unfair funding, labor suppression,» he added. If they stop these practices, Bessent said, «we will not put up the tariff wall.»

Federal Reserve said in a statement. This was significantly above market expectations for a 0.2 percent rise, according to Briefing.com. President Donald Trump has embarked on a trade war since taking office, hitting top US trading partners like Canada, Mexico, and China, in a move that has unsettled the financial markets. Trade uncertainty has lingered for months, but it seems that tariff-sensitive sectors like autos have looked to produce more goods while they still face lower trade barriers. There was a steep rise in manufacturing output, which was «boosted by a jump of 8.5 percent in the index for motor vehicles and parts,» the Fed said.

Republican legislators in Minnesota have proposed to classify «paranoid and hysteric» reactions to President Donald Trump and his policies as a new mental illness, dubbed "Trump derangement syndrome."

Donald Trump said Tuesday that a federal judge who tried to stop his deportation plans should be impeached, escalating his conflict with a judiciary that's been one of the few restraints on his administration's aggressive plans. Trump has routinely criticized judges, especially as they limit his efforts to expand presidential power and impose his sweeping agenda on the federal government. But his call for impeachment — a rare step that is usually taken only in cases of grave ethical or criminal misconduct — represents an intensifying clash between the judicial and executive branches. The Republican president described U.S. District Judge James E. Boasberg in Washington, as an unelected «troublemaker and agitator» in a post on Truth Social, his social media platform. Boasberg recently issued an order blocking deportation flights under wartime authorities from an 18th century law that Trump invoked to carry out his plans. «HE DIDN'T WIN ANYTHING! I WON FOR MANY REASONS, IN AN OVERWHELMING MANDATE, BUT FIGHTING ILLEGAL IMMIGRATION MAY HAVE BEEN THE NUMBER ONE REASON FOR THIS HISTORIC VICTORY,» Trump wrote on Tuesday. «I'm just doing what the VOTERS wanted me to do. This judge, like many of the Crooked Judges' I am forced to appear before, should be IMPEACHED!!!» ALSO READ: Trump's approval rating soars to new high, Americans say US is on right track than any time in 20 years: poll

Trump administration in court filings has for the first time acknowledged that it fired nearly 25,000 recently hired workers, and said agencies were working to bring all of them back after a judge ruled that their terminations were likely illegal. The filings made in Baltimore, Maryland, federal court late Monday include statements from officials at 18 agencies, all of whom said the reinstated probationary workers were being placed on administrative leave at least temporarily. The mass firings, part of President Donald Trump's broader purge of the federal workforce, were widely reported, but the court filings are the first full accounting of the terminations by the administration. Most of the agencies said they had fired a few hundred workers. The Treasury Department terminated about 7,600 people, the Department of Agriculture about 5,700 and the Department of Health and Human Services more than 3,200, according to the filings. U.S. District Judge James Bredar on March 13 said the mass firings of probationary workers that began last month violated regulations governing the mass layoffs of federal employees, and ordered them to be reinstated pending further litigation.

capital on Tuesday driven by sustained buying by stockists and retailers amid a strong trend overseas, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity rallied by Rs 1,300 to hit a fresh peak of Rs 90,750 per 10 grams. The yellow metal of 99.5 per cent purity advanced by Rs 450 to hit a lifetime high of Rs 90,800 per 10 grams against the previous close of Rs 90,350 per 10 grams.

Gates, the billionaire Microsoft co-founder turned global health philanthropist, met with the National Security Council as well as Republican and Democratic lawmakers in recent weeks to press that case, the sources said. Soon after his January 20 inauguration, President Donald Trump moved to dismantle the U.S. Agency for International Development, cutting more than 80% of contracts and freezing billions of dollars for everything from emergency food assistance to malaria prevention. The Trump administration, led by the State Department, is reviewing what kinds of foreign aid will remain under its «America First» policy, with a list of around 30 global health projects for consideration, one of the sources said. «Bill was recently in Washington D.C. meeting with decision makers to discuss the life-saving impact of U.S. international assistance and the need for a strategic plan to protect the world's most vulnerable while safeguarding America's health and security,» said a spokesperson for the Gates Foundation, his charitable organization.

For years, Indian investors looking to diversify globally have had a singular focus—the US. And why not? The past decade saw US equity markets outperform all others, delivering a compounded annual growth rate (CAGR) of more than 19% in USD, largely fuelled by a booming tech sector.

Respondents to the March CNBC Fed Survey have raised the risk of recession to the highest level in six months, cut their growth forecast for 2025 and raised their inflation outlook.

global markets, hit by a wave of economic and geopolitical challenges, including a reset of tariffs by US President Donald Trump. In a world where every other prediction seems gloomy, Warren Buffett, whose net worth surged by $21 billion this year — saw the biggest gain among all the 500 billionaires tracked by the Bloomberg index. Buffett's resilience is even more striking when we consider the fact that only 4 of the top 15 billionaires managed to grow their wealth this year. This was possible due to a strong surge of Berkshire Hathaway's stock price, currently trading near record highs.