Emirati billionaire Hussain Sajwani expressed optimism on Friday about increased Gulf investments in the U.S., citing a “pro-business” environment as Donald J. Trump prepares for his second term as president. The real
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Oil prices climbed nearly 3% to reach a three-month high on Friday, driven by concerns over potential supply disruptions stemming from a sweeping U.S. sanctions package aimed at cutting Russian oil and
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The Federal Reserve grappled with inflation concerns and economic uncertainty tied to President-elect Donald Trump’s proposed tariffs and immigration policies during its December meeting. According to minutes from the Dec. 17-18 session,
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The number of Americans filing for unemployment benefits fell to an 11-month low last week, signaling labor market stability despite a slowdown in hiring that has left some workers facing prolonged unemployment.
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U.S. Commodity Futures Trading Commission (CFTC) chair Rostin Behnam will resign on Jan. 20, the day Donald Trump is scheduled to be sworn in as president. In an interview with the Financial
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The U.S. dollar dropped by 1% on Monday after a report indicated that President-elect Donald Trump may impose tariffs only on critical imports, potentially easing concerns of widespread levies. According to The
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The Biden administration has informed Congress of a proposed $8 billion arms deal with Israel, according to two U.S. officials. The package, which requires approval from House and Senate committees, includes munitions
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The decentralized finance (DeFi) ecosystem is flourishing, with the total value locked (TVL) now exceeding $80 billion—a dramatic leap from last year’s $39 billion. However, this explosive growth has exposed critical challenges:
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A U.S. banking regulator advised banks to pause direct involvement in crypto during 2022 and 2023 but did not mandate them to stop serving crypto companies, according to documents released on Friday.
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