Investors Brace for a Fed Rate Hike as Yields Pressure Stocks
Fed funds futures now show an over 80% chance the Federal Reserve raises its benchmark rate at next week's meeting,…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Russia recapitalizes state reinsurer as Ukrainian attacks continue
Russia's state-owned reinsurer is set to receive new capital injections as Ukrainian drone and sabotage attacks continue to strain institutions…
Russian jet-drones kill two in Kyiv petrol station strikes as Ukraine hits back in Russia
Russia struck two Kyiv petrol stations with jet-powered drones early Friday, killing two people, as President Volodymyr Zelenskiy said the…
Economists Now Expect the Fed to Hike Rates More Than Once
Financial markets are convinced the Federal Reserve will raise interest rates on Wednesday, and economists expect the move to be…
BRICS finance chiefs call for reform of IMF and World Bank ahead of New Delhi summit
Finance ministers and central bank governors from BRICS countries have called for reform of the International Monetary Fund and the…
