Iran moves to join BRICS bank as war with U.S. squeezes its economy
Iran is moving to join the BRICS New Development Bank as its economy buckles under nearly six months of war…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
US producer prices cool sharply in July, bolstering case for Fed rate hold
Producer prices in the United States cooled more than economists expected in July, giving the Federal Reserve more room to…
US Treasury to auction 30-year bonds at highest yield in 25 years
The US Treasury auctions $25 billion in 30-year bonds on August 13, with when-issued yields trading around 5.23% to 5.24%….
Iran War Threatens to End the U.K.’s Run as the G7’s Fastest-Growing Economy
The U.K. economy grew 0.4% in the second quarter, keeping it on track for the strongest growth of any G7…
UK seizes Russian shadow-fleet tanker in English Channel, defying Putin threat
Britain used military force for the first time to enforce sanctions on Russia's shadow fleet, seizing the tanker Smyrtos and…
