Fed Chair Kevin Warsh faces high-stakes Jackson Hole test as inflation and bond yields climb
Federal Reserve Chair Kevin Warsh delivers his first Jackson Hole keynote on Friday as inflation stays above target and long-term…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Venezuela weighs OPEC exit as its ties with Washington deepen
Venezuela is considering leaving OPEC as it deepens ties with Washington, Bloomberg News reported, citing people familiar with the matter….
U.S. Navy blockade cuts Iran’s oil exports as Trump shifts to economic pressure over Hormuz
Iran's crude exports have collapsed under a renewed U.S. naval blockade, and Washington is betting economic pressure succeeds where airstrikes…
Russia strikes Kyiv with waves of drones for second straight day
Russia hit Kyiv and its surrounding region with waves of drones for a second consecutive day on Friday, killing at…
Sberbank sees more Russian rate cuts and higher 2026 growth despite Ukrainian attacks
Sberbank's chief economist expects Russia's central bank to keep cutting its key rate this year, even as Ukrainian strikes disrupt…
