Markets now see the Fed’s next move as a potential rate hike as inflation fears mount
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on…
Economy
Brent oil tops $110 again after Chinese ships are turned away from Strait of Hormuz
Oil prices traded higher after U.S. President Donald Trump said Iran had allowed 10 oil tankers to pass through the…
Republicans balk at Senate Democrats’ DHS shutdown counteroffer
Congress and the White House are working to reach a funding deal before Congress leaves for a scheduled two-week recess…
Trump says Justices Barrett, Gorsuch ‘sicken me’ after Supreme Court tariff ruling
The Supreme Court, in a 6-3 ruling, said President Trump did not have authority under the International Emergency Economic Powers…
Iran has no intention to hold talks with U.S; foreign minister says Trump proposal to end war being reviewed
President Donald Trump has claimed the U.S. and Iran are "in negotiations now." But the Islamic Republic denies any direct…
World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC
TotalEnergies CEO Patrick Pouyanné on the Iran war, the $1 billion deal with the White House, investment in the U.S.,…
Kuwait says Strait of Hormuz closure is beyond catastrophic, will trigger domino effect across global economy
Iran is holding the world economy hostage by blockading the Strait of Hormuz, said Shaikh Nawaf Al-Sabah, the CEO of…
Jamie Dimon says Iran war makes Middle East peace prospects better in the long term
JPMorgan Chase CEO Jamie Dimon issued an optimistic viewpoint on Middle East peace, weeks into the war with Iran. ...
Gold and silver in freefall as investors flee safe haven metals trade
Precious metals resumed their sharp sell-off on Monday as the Iran conflict weighs over investor sentiment. ...