Federal Reserve balance sheet holds at $6.749 trillion as Warsh task force reviews reserve framework
The Federal Reserve's total assets held at $6.749 trillion as of August 5, a narrow range that has persisted since…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Iran-Oman Hormuz talks cut odds of a US-brokered deal to 42.5%
Iran and Oman are negotiating a new arrangement for the Strait of Hormuz, with Gulf states signaling support for a…
Houthi Strikes Kill Dozens of Saudi-Backed Troops in Yemen
Houthi forces struck Saudi-backed coalition troops in Yemen with drones and missiles, killing dozens of government soldiers, according to a…
China sanctions at least six US entities, tightens drone export curbs weeks before Xi-Trump summit
China sanctioned at least six US entities and imposed new case-by-case review on drone exports to the US on August…
US layoffs fall to two-year low as productivity accelerates in second quarter
U.S. jobless claims edged up to 199,000 last week while planned layoffs fell to a two-year low in July, signs…
