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300+ gold bars, $2 million in cash, 35 luxury watches seized from ex-CIA officer accused of running fake classified programmeA former CIA officer, David Rush, is accused of misappropriating over $40 million in gold bars by creating a fraudulent classified program....- FTX cofounder Sam Bankman-Fried applies for Trump pardonSam Bankman-Fried, convicted in the FTX cryptocurrency empire collapse, has formally applied for a presidential pardon. He submitted his ap...
- Fed Interest Rate cut prediction, date: What to expect from US Central Bank officials at Federal Reserve meeting?A number of Fed policymakers have begun to speculate that interest rates may need to rise to ensure that the central bank's key inflation ...
- IMF financial stability chief Tobias Adrian to step down August 31Tobias Adrian, who led the International Monetary Fund's Monetary and Capital Markets Department through major global challenges, will depa...
- India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
- Can’t find a job after graduation? Blame WFH, not AIRecent graduates are blaming AI for a tough job market, but new studies suggest remote work is the primary culprit. WFH policies make it ha...
- Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
- Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Analysts insights, market outlook and what should investors do nowWhy are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold and silver prices declined on Frid...
- Aaron judge injury: When will New York Yankees legend play again?Aaron Judge had started 52 of New York’s first 59 games in right field. Judge underwent a CT scan on Thursday morning and had an MRI earlie...
- US Stock Market: Fed may need tighter policy as inflation risks persistDallas Federal Reserve President Lorie Logan indicates U.S. monetary policy might not be restrictive enough to meet the 2% inflation target...
- Global Market Today: Asian stocks drop after Broadcom outlook, oil dipsAsian markets and US futures declined. Broadcom's weak forecast impacted investor sentiment. Renewed US-Iran clashes also weighed on market...
- US stocks today: Dow Jones drops over 500 points as Middle East tensions escalateWall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech...
- Fed's Hammack signals rate hike may be needed soon as inflation risks intensifyFederal Reserve Bank of Cleveland President Beth Hammack signaled that the U.S. central bank might need to raise interest rates if inflatio...
- Who is Bill Pulte? Trump names FHFA Director as acting Intelligence Chief in major leadership shiftBill Pulte, Director of the Federal Housing Finance Agency, has been appointed as acting Director of National Intelligence by President Don...
- Young and unemployed? Remote work, not AI, may be the problem, study findsRemote work is making companies hesitant to hire young graduates. A New York Fed study shows this is a key reason for increased unemploymen...
- US Stock Market: Powell defends Fed autonomy as political pressure reaches new highsFormer US Federal Reserve Chair Jerome Powell strongly defended the central bank's independence. He warned that political interference coul...
- US Stock Market: Hawkish Fed voices grow louder amid energy-driven inflation surgeA growing split is seen among US Federal Reserve officials. Some policymakers warn that interest rates might need to increase again. This c...
- Gold edges higher as investors weigh US-Iran ceasefire deal reports, Fed rate outlookGold prices edged higher as investors weighed a potential U.S.-Iran ceasefire deal against persistent inflation concerns and the prospect o...
- Fed's Williams: Productivity shifts hard to spot in real timeWilliams did not comment on the near-term monetary policy and economic outlook in his prepared remarks.
- BIS and banks build blockchain cross-border payments prototypeGlobal financial institutions are set to test a new digital system for cross-border payments. This project, involving major banks and centr...
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