Prediction markets price fading odds of a swift US-Iran deal
Prediction markets are pricing a fading chance of a quick US-Iran diplomatic breakthrough. An Al-Monitor analysis warns that Donald Trump's…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Hot August Inflation Data Pressures Fed Chair Warsh Toward a Rate Hike
Hotter-than-expected August inflation data has raised the odds that Federal Reserve Chairman Kevin Warsh will push through a rate hike…
Houthis reportedly seize Yemen’s Perim Island, tightening grip on Red Sea oil chokepoint
Iran-backed Houthi fighters reportedly seized Yemen's Perim Island on Friday, a day after taking the Red Sea port of Mokha….
China injects $54 billion into state financial institutions, extends capital lifeline to insurers for the first time
China's Ministry of Finance is issuing 300 billion yuan in special treasury bonds to help eight state-owned financial institutions raise…
Houthis advance on Bab el-Mandeb islands, signal imminent large-scale operation
Houthi forces have pushed into the Bab el-Mandeb Strait's islands after seizing the Red Sea port of Mokha, marking their…
