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
MoreThe 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,
MoreThe 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.
MoreU.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
MoreThe 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
MoreThe 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
MoreA 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.
MoreIsraeli airstrikes killed at least 43 Palestinians in Gaza on Thursday, including 11 individuals in a tent encampment sheltering displaced families, according to medics. The fatalities included women and children in the
MoreBillionaire investor Bill Ackman anticipates that U.S. President-elect Donald Trump will remove Fannie Mae and Freddie Mac from conservatorship, potentially converting them back into private companies. Ackman shared this prediction on social
MoreU.S. stocks ended Christmas week with retracements of strong double-digit gains, driven by profit-taking in thinly traded markets heading into the final weekend of 2024. Despite a slight decline on Friday, the
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