💨 Abstract

In a news update on July 17, 2025, the Senate passed $9 billion in spending cuts, including reductions to public broadcasting and foreign aid and the House needs to approve it. Meanwhile, PepsiCo reported better-than-expected earnings and revenue for the second quarter, despite a slowdown in North American sales. Revenue grew slightly to $22.7 billion, surpassing analyst forecasts. However, net income dropped by 59% to $1.3

Courtesy: WTOP Staff