Trumpflation Is Broadening, Putting the Fed and Wall Street’s Rally at Risk
New economic data show that Trumpflation, once framed as a temporary energy shock from the Iran war, is broadening into...
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Goolsbee calls inflation the Fed’s biggest problem as rate-hike debate splits policymakers
Chicago Fed President Austan Goolsbee has called inflation the biggest problem facing the U.S. economy, even as regional Fed presidents...
US strikes Panama-flagged vessel in Gulf of Oman as Iran blockade escalates
US forces fired two missiles at the Panama-flagged container ship Vela Nova in the Gulf of Oman on August 11,...
US Disables Tanker in Strait of Hormuz as Iran Vows to Keep Waterway Closed
The U.S. military disabled a Panama-flagged tanker in the Strait of Hormuz for violating a naval blockade, escalating a six-month...
Goldman Sachs Names Long-End Treasury Yields as Top Near-Term Market Risk
Goldman Sachs has identified long-end interest rates, particularly 30-year Treasury yields, as the biggest near-term risk to markets — ahead...
