Trump Orders Cuts to U.S.-South Korea Military Drills, Straining Alliance Trust
President Trump ordered a sharp cutback of the U.S.-South Korea Ulchi Freedom Shield exercise, ending it Friday instead of its…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
US national debt passes $40 trillion after doubling in a decade
US national debt has passed $40 trillion, more than doubling in a decade as heavy government spending and rising interest…
US and Canada near deal to cut auto tariffs to 15% from 25%
The Trump administration is weighing a cut to Canadian auto tariffs to 15% from 25% as part of a broader…
U.S. Government Debt Passes $40 Trillion for the First Time
U.S. government debt crossed $40 trillion on Tuesday, according to Treasury Department data, after doubling over the past decade. The…
Fed minutes show growing support for a rate hike if inflation doesn’t cool
Federal Reserve minutes from the July 28-29 meeting, released Wednesday, show more officials leaning toward raising interest rates if inflation…
