U.S. strikes Iran again as Strait of Hormuz conflict escalates, oil jumps 4.4%
The U.S. launched a fresh wave of strikes on Iranian Revolutionary Guard Corps targets on Tuesday, pushing Brent crude up…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
US strikes Iran near Strait of Hormuz after new shipping attacks
The U.S. military struck Iranian targets around the Strait of Hormuz on Tuesday after attacks on commercial shipping and U.S….
Bessent says US likely to unveil Iran bank sanctions this week
Treasury Secretary Scott Bessent told G20 finance leaders in North Carolina that Washington is likely to announce sanctions on an…
Fed Chair Kevin Warsh signals tighter policy in debut Jackson Hole address
Federal Reserve Chair Kevin Warsh used his debut Jackson Hole address to push back on optimistic inflation readings, and markets…
Trump Pushes for Rate Cuts as Warsh’s Fed Sends Hike Odds Above 66%
CME's FedWatch tool now puts the odds of a Federal Reserve rate hike at 66.4%, up sharply after Fed Chair…
