US economy sheds 23,000 jobs in July, complicating Fed Chair Warsh’s rate decision
The U.S. economy shed 23,000 jobs in July, and monthly job gains have been shrinking since March. The report lands…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Trump Revives Effort to Fire Fed Governor Lisa Cook Over Mortgage Fraud Claims
The White House has told Federal Reserve Governor Lisa Cook it is considering firing her, reviving unproven mortgage-fraud allegations the…
Bessent says US-Iran ceasefire could be finalized within a day
Treasury Secretary Scott Bessent says a 30- to 60-day ceasefire with Iran could be finalized within a day, days after…
Saudi Arabia, Turkey and Pakistan Sign Mecca Defence Pact With Mutual Attack Clause
Saudi Arabia, Turkey and Pakistan signed the Mecca Joint Defence Agreement on August 7, a mutual defence pact covering nations…
EU adds five individuals to Russia sanctions list after deadly Ukraine strikes
The European Union has expanded its Russia sanctions list, adding five individuals tied to Moscow's military operations in Ukraine and…
