Russian Black Sea blockade traps Ukraine’s grain harvest
A Russian campaign of strikes on Ukraine's Black Sea ports has nearly halted grain exports just as the wheat harvest…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Ukrainian Strike Halts Grain Terminal Operations at Russia’s Novorossiysk Port
A Ukrainian drone and missile strike on Novorossiysk has knocked out operations at two of Russia's largest Black Sea grain…
China enforces retroactive 20% tax on offshore wealth, hitting Hong Kong markets
China's tax authorities are enforcing a retroactive 20% income tax on offshore trusts, Hong Kong-listed shares, and overseas insurance policies…
US public debt interest hits record $1.37 trillion, may surpass Social Security
Interest payments on US public debt have reached a record $1.37 trillion over the past year, and could overtake Social…
US budget deficit hits $432.3 billion in July, highest since March 2021
The U.S. Treasury reported a $432.3 billion budget deficit for July, the largest monthly shortfall since March 2021 and 48%…
