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
Global financial markets recoiled on Monday after President Donald Trump ordered a naval blockade targeting Iranian oil exports, a move that sent oil prices surged past $100 a barrel and reignited fears
WASHINGTON (SPUTNIK) — The global economy, long described as resilient in the face of pandemic aftershocks and geopolitical fragmentation, is now confronting what the International Monetary Fund warns may be one of
The numbers arrived without fanfare, released in a routine monthly update by state regulators. Yet beneath the surface of Maryland’s latest casino report lies a deeper story about a cooling gambling market,
The global oil market, long accustomed to geopolitical shocks, is confronting a crisis that traders, policymakers, and executives increasingly describe in existential terms. Prices are hovering near $100 a barrel again. Millions
The fragile calm that briefly settled over the Middle East this week is already fracturing, as Israel intensified its military campaign across Lebanon even while a tenuous ceasefire between the United States
The economic aftershocks of the Iran war are now reaching American households with growing force, reshaping inflation expectations, rattling financial markets and forcing policymakers into a precarious balancing act. What began as
On a day when the global economy seemed to hinge on a narrow stretch of water in the Middle East, Wall Street delivered a message that was as restrained as it was
The warning came not in the language of diplomacy, nor in the measured tone of deterrence that has traditionally defined moments of nuclear-era brinkmanship, but in a stark and chilling declaration. “A
Stocks edged higher on Monday, extending a tentative rally that has come to define markets in recent weeks. The Dow Jones Industrial Average rose about 165 points, while the S&P 500 and
In a rare and striking admission, US President Donald Trump confirmed that American forces deliberately destroyed their own aircraft during a high-risk rescue mission deep inside Iranian territory, an operation that has
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