Iran and US Make Competing Claims Over Control of Strait of Hormuz
Iran's Basij paramilitary chief said Thursday that the Strait of Hormuz remains under Tehran's control, a day after President Trump...
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
US accuses over 40 countries of helping China dodge tariffs in $75 billion transshipment scheme
The White House has named more than 40 countries, including Mexico, Canada, and the EU, for allegedly helping Chinese exporters...
Fed officials split as Hammack calls for immediate hike, Barkin sees room to hold
Two senior Federal Reserve officials staked out opposite positions on interest rates Thursday. Cleveland Fed President Beth Hammack called for...
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...
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...
