Fed set for first rate hike since 2023 as oil and inflation pressures build
The Federal Reserve looks set to raise its benchmark rate for the first time since July 2023, with traders pricing…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
House passes resolution urging Trump to halt military action against Iran
The U.S. House of Representatives passed a resolution urging President Donald Trump to halt military action against Iran, with seven…
Saudi warplanes pound Yemen as Houthi advance threatens global oil supply
Saudi warplanes struck Yemen on Wednesday as Iran-backed Houthi fighters consolidated a rapid advance along the Red Sea coast, extending…
Houthi drone reaches Mecca airspace as Saudi Arabia rejects de-escalation
Saudi Arabia says its air defenses destroyed a Houthi drone before it reached Mecca's airspace, the first time the Yemen…
Von der Leyen invites Canada to become EU’s first associate member
European Commission President Ursula von der Leyen has proposed that Canada become the European Union's first "associate member," a status…
