Citi pushes Fed rate-cut forecast to June 2027 after resilient jobs report
Citi has pushed its forecast for the next Federal Reserve rate cut back to June 2027, abandoning its earlier call…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Treasury sell-off pushes 30-year yield above 5.3%, its highest since 2007
The 30-year Treasury yield has climbed above 5.3%, its highest since 2007, while the 10-year sits near 4.8%. Rising government…
Iranian rial falls to record low of 2.25 million against the dollar
The Iranian rial has crashed to roughly 2.25 million per US dollar on the informal market in early September 2026,…
Iranian tanker hit by U.S. attack near Iran’s Kharg Island, Tasnim says
An Iranian tanker was hit by four U.S. missiles near Kharg Island, Iran's main oil export terminal, Iran's semi-official Tasnim…
Russia rejects ceasefire, continues strikes on Ukraine
Russia has dismissed the latest ceasefire proposal for its war in Ukraine and continued military strikes on Ukrainian territory. Prediction…
