U.S. Government Debt Passes $40 Trillion for the First Time
U.S. government debt crossed $40 trillion on Tuesday, according to Treasury Department data, after doubling over the past decade. The...
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Fed minutes show growing support for a rate hike if inflation doesn’t cool
Federal Reserve minutes from the July 28-29 meeting, released Wednesday, show more officials leaning toward raising interest rates if inflation...
Trump announces provisional US-Canada trade deal hours before 50% tariff deadline
President Trump announced a provisional US-Canada trade deal on August 18, hours before 50% tariffs were set to hit roughly...
Federal Reserve restarts ‘Not QE’ Treasury purchases after one-week pause
The Federal Reserve has restarted its reserve management purchases of short-term Treasury securities after a one-week pause. Officials call the...
RBI holds repo rate at 5.25% as one MPC member floats a 2026 hike
The Reserve Bank of India's Monetary Policy Committee unanimously held its benchmark repo rate at 5.25% after its August 3-5...
