Powell’s plan, Iran war cost, Voting Rights Act and cheap Chinese EVs

Reuters World News

Federal Reserve Chair Jerome Powell’s last act: holding rates and a pledge to stick around as a governor. The Pentagon puts a $25 billion price tag on the Iran war so far. The U.S. Supreme Court guts a key provision of the Voting Rights Act, in a move that could reshape voting across the South. And for the average price of a car in the U.S., you could buy five brand new Chinese EVs. Listen to the Morning Bid podcast ⁠⁠here⁠⁠.

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Federal Reserve Chair Jerome Powell’s last act: holding rates and a pledge to stick around as a governor. The Pentagon puts a $25 billion price tag on the Iran war so far. The U.S. Supreme Court guts a key provision of the Voting Rights Act, in a move that could reshape voting across the South. And for the average price of a car in the U.S., you could buy five brand new Chinese EVs. Listen to the Morning Bid podcast ⁠⁠here⁠⁠.

Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠.

Listen to the Reuters Econ World 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

2026-04-30 12 min
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