Fed raises rates to 3.75%-4.00%, first hike since 2023
The Federal Reserve raised its benchmark rate by 25 basis points on September 16, its first hike since July 2023,…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
EU extends Russia sanctions for three years, drops two oligarchs from list
The EU agreed on September 22 to extend sanctions on roughly 3,000 Russian individuals and entities for three years, after…
Chinese investment in US AI funding jumps to $8.9 billion ahead of Trump-Xi summit
Chinese and Hong Kong investors have poured roughly $8.9 billion into US AI funding rounds as of mid-September 2026, up…
China’s Industrial Shift Squeezes EU Firms in Key Markets, ECB Says
China's industrial transformation is pushing European companies out of global markets, the European Central Bank said on Tuesday, with German…
US open to Iran talks at UN General Assembly, Rubio says
Secretary of State Marco Rubio says the United States is open to talks with Iranian officials during the UN General…
