Fed governor Lisa Cook slams Trump’s renewed threat to fire her
WASHINGTON (AP) — Federal Reserve governor Lisa Cook said the Trump administration has no legal basis to remove…
US iflation remains elevated with conflict in Iran ongoing and new trade fights emerging
WASHINGTON (AP) — An inflation measure closely watched by the Federal Reserve stayed elevated last month in the…
Asian shares mostly gain as US ups economic pressure on Iran
BANGKOK (AP) — Asian shares were mostly higher Tuesday after U.S. stocks drifted to a mixed finish ahead…
Oil steadies as investors weigh expanded U.S. sanctions against Iran
Oil prices steadied on Tuesday, after falling more than 2% in the previous session, as investors assessed the…
World shares slip as pressure mounts on bond markets
BANGKOK (AP) — World shares were mostly lower and oil prices slipped on Monday at the outset of…
Oil set for second weekly rise as unsettled US-Iran war crimps supply
Oil prices were little changed on Friday, but were on track for a second weekly rise as the…
Why Treasury Secretary Bessent’s moves to calm the bond market haven’t worked so far
WASHINGTON (AP) — Interest rates rebounded Thursday despite efforts by Treasury Secretary Scott Bessent to put a lid…
Oil prices steady as investors assess U.S.-Iran war outlook
Oil prices steadied in early trade on Thursday as investors assessed the outlook for the U.S.-Iran war and…
Dollar feeble as rate hike bets dwindle, Iran war worries grow
The U.S. dollar held near multi-month lows against most major currencies on Tuesday as traders walked back expectations…
Oil climbs as fading US-Iran peace hopes raise supply risks
Oil prices rose on Tuesday as a deal to end the Middle East war seemed further out of…
Wall Street hangs near its records
NEWYORK (AP) — U.S. stocks are drifting near their record heights on Monday, ahead of a week where…
Oil treads water as U.S.-Iran peace talks stall, Hormuz shipping slows
Oil prices barely moved in early trade on Monday as tanker traffic through the Strait of Hormuz slowed over…