Houthis seize Perim Island in Bab al-Mandeb Strait, oil surges toward $105
Houthi forces have seized Perim Island in the Bab al-Mandeb Strait, a day after capturing the Yemeni port city of…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Houthis complete takeover of Bab el-Mandeb Strait, adding pressure on global energy shipments
Yemen's Iran-backed Houthis have completed their takeover of the Bab el-Mandeb Strait, a chokepoint that carries roughly one-tenth of global…
Trump says he has no regrets about starting the Iran war as U.S. tightens bank sanctions
President Trump said he has no regrets about starting the war with Iran, arguing that a nuclear-armed Iran would have…
US inflation likely accelerated in August as Wall Street fears sustained Fed rate hikes
US consumer prices likely rose in August as gasoline costs rebounded, reinforcing bets that the Federal Reserve will keep raising…
Trump administration to sanction unnamed ‘large’ bank on Monday, Bessent says
Treasury Secretary Scott Bessent says the Trump administration will sanction an unnamed "large" bank on Monday, part of Washington's ongoing…
