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Reuters World News

Trump's labor firing, Fed resignation, Russia-US and Witkoff in Gaza

02 Aug 2025

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U.S. President Donald Trump fires a Labor Department official over jobs data he disputes. Fed Governor Adriana Kugler has unexpectedly resigned, giving Trump an early chance to reshape the Federal Reserve. Trump orders U.S. nuclear submarines to be repositioned after a war of words with former Russian President Dmitry Medvedev. And envoy Steve Witkoff visits a controversial U.S.-backed aid site in Gaza.  Sign up for the Reuters Econ World newsletter ⁠here⁠. Listen to the Reuters Econ World podcast ⁠here⁠. Find the Recommended Listen, our new On Assignment podcast, ⁠here⁠. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

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