BlackRock’s Rieder Says July Payroll Drop Reflects AI Productivity Gains, Not Weakness
The US economy shed 23,000 jobs in July, the first monthly decline in nonfarm payrolls, catching forecasters off guard. BlackRock's…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Senate passes Russia sanctions bill honoring Lindsey Graham in 86-11 vote
The Senate voted 86-11 on Friday to approve a Russia sanctions bill named for the late Sen. Lindsey Graham, R-S.C….
US Senate clears procedural vote on Graham sanctions bill targeting Russian oil buyers with tariffs up to 200%
The US Senate voted 86 to 12 on July 28, 2026, to advance the Lindsey O. Graham Sanctioning Russia and…
US economy sheds 23,000 jobs in July, complicating Fed Chair Warsh’s rate decision
The U.S. economy shed 23,000 jobs in July, and monthly job gains have been shrinking since March. The report lands…
Trump Revives Effort to Fire Fed Governor Lisa Cook Over Mortgage Fraud Claims
The White House has told Federal Reserve Governor Lisa Cook it is considering firing her, reviving unproven mortgage-fraud allegations the…
