Saudi Arabia extends Riyadh airport suspension after Houthi attacks
Saudi Arabia has extended the suspension of operations at Riyadh's King Khalid International Airport after Houthi attacks. Separately, the Saudi-led…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Fed’s Hammack backs restrictive policy and says faster adjustments beat a larger course correction
Cleveland Fed President Beth Hammack says a restrictive policy stance is appropriate and that adjustments should come relatively quickly. She…
UK sanctions Iran and summons ambassador over RAF Fairford incident
The UK has imposed new sanctions on Iran and summoned its ambassador after Prime Minister Andy Burnham said it was…
US Treasury yield surge triggers mortgage hedging, adding to bond market pressure
Mortgage-related hedging is adding selling pressure to a strained US bond market after long-term Treasury yields rose sharply. Reuters reports…
Hall and Woodford win Nobel economics prize for work behind central bank models
Robert E. Hall and Michael Woodford won the Nobel Prize in economics for work on the microeconomic foundations of macroeconomic…
