Explosions and sirens reported in southern Saudi Arabia’s Najran and Jazan amid Houthi tensions
Explosions and sirens have been reported in Najran and Jazan in southern Saudi Arabia. Saudi authorities have not confirmed the…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Citi Now Expects December Fed Rate Hike After Hotter September US Inflation
Citi now expects the Fed to raise rates by 25 basis points in December after September inflation came in above…
US Proposes Unfreezing Some Russian Assets to Restart Ukraine Peace Talks
The US has proposed that European countries unfreeze some Russian sovereign assets and move them to a vehicle overseen by…
Fed’s Beige Book shows slowing growth as price pressures broaden
The Fed's October Beige Book shows growth slowing in most districts while price pressures spread. Three districts reported robust price…
Fed’s Barkin says AI investment boom cannot grow indefinitely
Richmond Fed President Thomas Barkin says investment in artificial intelligence depends heavily on the economy and cannot grow indefinitely. He…
