Fed Delivers Unanimous Rate Hike to 3.75%-4.00%, Signals One More Increase This Year
The Federal Reserve raised its benchmark rate to 3.75%-4.00% on Wednesday in a unanimous vote, its first hike since 2023….
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Trump gains a new tariff weapon against China and India over Russian oil
The U.S. House passed a bill Wednesday letting President Trump impose tariffs of up to 100% on the top buyers…
Trump says U.S. is ‘hopefully’ nearing the end of Iran war as Saudi-Houthi fighting escalates
President Donald Trump says the U.S. is "hopefully" nearing the end of its nearly seven-month war with Iran, even as…
Trump threatens EU with tariffs over Canada’s potential associate membership
U.S. President Donald Trump has threatened new tariffs against the European Union if it presses ahead with a plan to…
Xi-Trump summit set for September 24 as Beijing threatens to cancel over Taiwan arms sale
Xi Jinping is set to arrive in Washington on September 23 for a summit with Donald Trump the next day,…
