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US Treasury undertakes intervention in yen market, FT reportsThe United States Treasury intervened in yen exchange rates on Friday. This action supported the Japanese currency through outright purchas...- Supreme Court of the United States asked to freeze $656 million verdict — Why Palestinian authority warns of West Bank falloutPalestinian authorities have asked the US Supreme Court to halt a $656 million judgment. This massive award stems from deadly attacks which...
- New York sues online prediction markets giant KalshiNew York's attorney general has sued betting platform Kalshi for operating an illegal gambling business. The lawsuit seeks to halt Kalshi's...
- Global Market | A history of Japan's biggest interventions to support the yenThe Japanese yen recorded its strongest one-day gain against the U.S. dollar in nearly two years after suspected intervention by Japanese a...
- New York sues Kalshi, says its prediction markets are illegal gamblingNew York's attorney general has sued Kalshi, alleging its prediction market platform operates illegally. The state claims Kalshi lacks a re...
- South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocksSouth Korea's Kospi index saw a significant jump, mirroring Wall Street's positive performance. AI-related stocks experienced a strong rebo...
- Yen weakens after intervention-led surge ahead of BOJ policy decisionThe Japanese yen faced renewed pressure after Tokyo intervened in currency markets. The dollar gained as traders questioned the US Federal ...
- US bond yield is global finance’s Achilles heel: Uday Kotak after Fed meetingThe yield on the 30-year US Treasury bond rose to a 19-year high, according to a Reuters report, as concerns over the Federal Reserve’s com...
- US Stock Market: Warsh faces early Fed dissent as three policymakers push for rate hikeNew Federal Reserve chair Kevin Warsh faces significant early policy disagreements. Three members opposed the central bank's decision to ke...
- Kevin Warsh’s inflation message misfires, fuels bets on Fed rate hikeFederal Reserve Chairman Kevin Warsh's communication style has raised investor concerns about inflation. Analysts now anticipate a December...
- Dollar steadies as Fed holds rates, US strikes IranThe US dollar strengthened in Asian trading after the Federal Reserve maintained its interest rate. Geopolitical developments, including ai...
- Fed keeps interest rates unchanged, citing ongoing inflation concernsFederal Reserve officials decided to keep interest rates unchanged this week. A fractured vote indicated some policymakers favored a rate i...
- New York weather today: NYC could get soaked by more than 4 inches of rain as ‘unusually powerful’ summer storm puts New York on flash flood alertNew York City weather: New York City and the Lower Hudson Valley are expected to get heavy rainfall on Tuesday, with the National Weather S...
- US Stock Market: Wall Street divided on Fed as rising crude prices boost rate hike expectationsThe US Federal Reserve's policy meeting has become harder to predict as surging oil prices and renewed geopolitical tensions raise the risk...
- South Korea’s Kospi tanks 10% despite US-Iran war optimism. Here are 4 reasons whySouth Korea's Kospi plunged more than 10% on Tuesday as a global semiconductor sell-off battered technology heavyweights. SK Hynix tumbled ...
- Mamdani plans to offer 30% discount on meat and produce at city-owned grocery storesNew York City plans government-owned grocery stores to combat rising food prices. These five shops will offer a thirty percent discount on ...
- India 10-year bond yield logs biggest plunge in 2 months as oil rally faltersBrent crude prices fell 4% in the previous session and slumped another 9% in Asian trading after the United States and Iran paused fighting...
- US Fed action, oil swings to test bullion as traders eye West Asia risks: AnalystsThis week is pivotal for gold and silver amid the anticipation of the Federal Reserve's interest rate decision. Market participants are poi...
- Why are central banks buying more gold? Here's what it means for the global economyCentral Banks and Gold: Central banks globally are buying gold at a record pace. This trend is driven by geopolitical risks and inflation c...
- NY Fed survey finds highest credit application rate in nearly five yearsAmericans’ demand for new credit hit a near five-year high in June, according to New York Fed data. While applications for credit cards and...
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