Economy News - September 3, 2025

Economy news from the last day.
Sources used:

Verse 1:
• Trump's Fight with the Fed Carries a Heavy Cost
https://www.ft.com/content/d030fce6-758e-4750-b013-69908a11e6f8
• Cook's Lawyers Fire Back at Trump's Claim
https://www.nytimes.com/2025/09/02/business/trump-fed-lisa-cook.html
• US stocks fall as global bond sell-off deepens
https://www.ft.com/content/9451e549-c716-4a78-ad1f-b1a41b7260a3

Verse 2:
• Russia says China has agreed vast new Siberia gas pipeline
https://www.ft.com/content/d130beb3-b567-4323-aa40-a48bc9e92a41
• US curbs TSMC's tool shipments to China
https://www.nytimes.com/2025/09/02/world/europe/us-open-drog-bruk-ceo-szczerek.html
• How Fining Elon Musk's X Could Threaten the U.S.-E.U. Trade Deal
https://www.nytimes.com/2025/09/02/business/media/mark-knoller-dead.html

Verse 3:
• FirstFT: French finance minister urges budget compromise
https://www.nytimes.com/2025/09/02/business/trump-fed-lisa-cook.html
• Why has the EU only implemented a fraction of Draghi's economic plan?
https://www.ft.com/content/d030fce6-758e-4750-b013-69908a11e6f8
• Mark Knoller, White House Reporter Dies
https://www.nytimes.com/2025/09/02/business/trump-fed-lisa-cook.html

#FederalReserve #TrumpVsFed #TSMC #RussiaChinaPipeline #ElonMuskX