25 Democratic-led states sue Trump administration over new tariffs on 60 trading partners
Twenty five Democratic-led U.S. states sued the Trump administration Monday over new tariffs on goods from 60 trading partners, arguing…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Fed Loan Officer Survey Shows Sharp Q1 Credit Tightening, Mixed Picture in Q2
The Fed's May 4 survey showed banks tightening lending standards at more than double the prior quarter's pace, a swing…
Kevin Warsh’s Vague Inflation Plan Creates Investor Uncertainty, Citadel Says
Federal Reserve Chairman Kevin Warsh keeps promising to fight inflation but won't say how, and Citadel Securities says that vagueness…
US Manufacturing Prices Rise for 22nd Straight Month, Adding to Fed Rate-Hike Pressure
The ISM's July manufacturing index rose to 55.6, its best level since May 2022, but the survey's price gauge marked…
Threat to Middle East oil tankers at worst level since Iran war, analysts say
The threat to oil tankers in the Middle East has reached its worst level since the Iran war began, ship-tracking…
