Tensions Rise Amid US Domestic Policy Shifts and Political Unrest

U.S. domestic news is dominated by a mix of legal, economic, and political upheavals. A federal judge in Rhode Island has stymied efforts by the Department of Housing and Urban Development to tie grant funding to Trump administration policies, preserving over $75 million for homeless projects.

In a politically charged atmosphere, the nation grapples with the ramifications of right-wing influencer Charlie Kirk's murder. The tragic event has intensified the debate around political violence, as reactions pour in from across the spectrum, with warnings from Republican allies to not disrespect his memory.

Meanwhile, the Federal Reserve finds itself at a crossroads. With its independence under scrutiny, internal shifts and appointments could redefine its global influence. The intense pace of change is set against a backdrop of administrative and business decisions, including a proposed major railroad merger.

(With inputs from agencies.)