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…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
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…
Trump Administration Faces No Easy Exit From the Iran War, Analysis Finds
The Trump administration is stuck in the Iran war, unable to withdraw without admitting defeat but unable to force a…
India raises windfall taxes on petrol, diesel and aviation fuel exports
India raised windfall taxes on petrol, diesel and aviation fuel exports starting Monday, as global oil prices remain volatile amid…
Iran refuses to reopen Strait of Hormuz despite US concession on southern route
Iran has rejected a US concession on the Strait of Hormuz, telling Washington the waterway will not reopen to normal…
