The Federal Reserve held rates at 3.75% to 4% on a 10-2 vote, with Lisa Cook and Beth Hammack wanting a hike. Chairman Kevin Warsh then said one 2027 meeting will carry no rate vote or statement, and the details
Bolivia abandoned its 15-year dollar peg on June 27, setting an opening rate of 9.73 bolivianos per dollar. The parallel market had already reached 20. The gap between the government's official rate
Spot gold settled near $3,972 an ounce on Friday, its first close below $4,000 since November 2025. The breach came as the May PCE report pushed Fed rate-hike odds higher and Trump's
US PCE inflation reached 4.1 percent in May, highest since April 2023, as the Iran-Israel war drove gasoline to three-year highs and AI component costs pushed core inflation to 3.4 percent. Nine
The global smartphone industry is heading toward a significant pricing shift in 2026 as rising semiconductor costs, artificial intelligence driven demand, and persistent supply chain constraints reshape the economics of mobile device
Mike Ashley's Frasers Group has launched a A$316 million on-market bid for the rest of Australia's Accent Group, the footwear retailer behind Platypus and The Athlete's Foot. Analysts doubt the offer is
BCE, the parent of Bell, is cutting roughly 690 jobs, about one per cent of its workforce, the latest round in a restructuring aimed at 1.5 billion dollars in savings by 2028.
Not long ago, digital money lived in a narrow corner of the internet. It was the domain of forum threads, mining rigs humming in basements, and traders who treated price charts the
Russian households bought a record 50 tonnes of gold in 2025, trusting financial advisers who called it the safest asset available. Then the price dropped nearly 27 percent, and it emerged the
American oil and gas executives have warned the White House that fuel inventories propping up pump prices for four months are nearly exhausted, putting Trump's 'temporary disruption' promise on a collision course
Kevin Warsh's overhaul of Fed communication is itself a form of monetary policy — and mortgage borrowers, retirees, and savers are the ones absorbing the uncertainty as his first FOMC meeting opens
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