Trump’s Graham Act Turns Tariffs Into Leverage Over Russia and Iran
President Trump signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 into law on September 18, arming…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
France, Germany propose rapid new EU trade response tool
France and Germany have jointly proposed a new rapid-action tool letting the European Union strike back quickly against countries whose…
Iran’s oil minister resigns as inflation hits 85% and rial sinks to record low
Iran's oil minister, Mohsen Paknejad, has resigned days after allegations that an intermediary trust owed the state nearly $2 billion…
Brazil’s Real and Stocks Surge as Bolsonaro Takes Election Lead
Brazil's currency, stocks and bonds jumped after rightwing senator Flávio Bolsonaro took a first-round lead over President Luiz Inácio Lula…
US jobs revision turns July’s payroll gain into a loss
The Bureau of Labor Statistics revised July and August payroll gains down by 60,000 on Oct. 2, turning July's reported…
