Fed’s Warsh drops forward guidance, skips his own rate projection
Federal Reserve Chair Kevin Warsh dropped forward-looking language from the June 17, 2026 policy statement and skipped his own rate…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Pakistan Says US and Iran Near Arrangement on Hormuz as Trump and Tehran Trade Reparation Demands
Pakistan's defense minister says the U.S. and Iran are nearing an arrangement over the Strait of Hormuz, even as Washington…
Wall Street rises on Iran peace deal hopes as Strait of Hormuz standoff persists
Wall Street futures rose Tuesday on reports that Washington and Tehran are nearing an arrangement to end six months of…
Bank of Russia proposes exchange trading of Bitcoin, Ether and USDT
The Bank of Russia has proposed admitting Bitcoin, Ether and Tether's USDT to trading on regulated exchanges, following a law…
Fed’s Schmid Pushes for Tighter Policy as Mortgage Rates Hit 6.69%
The average 30-year mortgage rate climbed to 6.69% on Aug. 6, its highest level since July 2025, as Federal Reserve…
