Iranian media report unconfirmed drone strike on US warehouses in Saudi Arabia as oil eases
Iranian state media reported a drone strike on U.S. Army logistics warehouses in Saudi Arabia early Friday, though no official...
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
European Commission keeps retaliation options open against Trump’s 25% auto tariffs
The European Commission responded cautiously to President Trump’s threat of 25% tariffs on European automobiles and auto parts, pledging to...
US seeks $67 billion more for Iran conflict as Congress resists
The Pentagon is asking Congress for $67 billion in additional funding to sustain the conflict with Iran, on top of...
China’s retail sales slip into contraction as Q2 GDP slows to 4.3%
China's retail sales fell 0.6% year-on-year in May 2026, the first annual decline since December 2022, and June recovered only...
Iran rejects U.S. ceasefire as strikes escalate and Brent oil nears $100
Iran has rejected a U.S.-backed ceasefire proposal, reportedly the only offer under consideration, as American forces completed a 13th straight...
