Goldman Sachs cuts Q2 US GDP growth forecast to 1.8%, keeps full-year call at 2.6%
Goldman Sachs cut its Q2 US GDP growth forecast to 1.8%, trimming 0.8 percentage points off its prior estimate just…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
US Treasury sanctions Iranian firms over Hormuz insurance scheme payable in digital assets
The US Treasury sanctioned the Persian Gulf Marine Insurance Company and HormuzSafe Marine Services Authority on July 29 over a…
US weighing broader military response to Iran, Israeli officials say
Sources say Washington is weighing a more significant military operation against Iran rather than another limited retaliatory strike. Stocks fell…
Saudi Arabia joins US strikes in Iraq as Iran fires missiles at US forces in Jordan
Saudi Arabia and the US struck Iran-backed militias in eastern Iraq overnight, the first attack Riyadh has publicly acknowledged since…
US Treasury sanctions four Iranian crypto exchanges, freezing nearly $500 million in digital assets
The US Treasury sanctioned four of Iran's largest crypto exchanges on June 2 and froze nearly $500 million in digital…
