The US Treasury Department announced a $1.2 billion fine against Bank of America for violating anti-money laundering laws. This penalty mar...

RBI is currently dealing with substantial capital outflows and currency devaluation pressures in the economy. Recent market operations indi...

Donald Trump recently announced a controversial agreement with Vladimir Putin to import Russian diesel to the U.S. The deal has drawn bipar...

A bipartisan group of seven US senators has questioned the legality of President Trump's diesel import deal with Russia. They highlight Con...

Finance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...

Holding AI developers financially responsible for the safety of their products has won support from Treasury Secretary Scott Bessent and fo...

On Thursday, the US sanctioned two Mumbai-based firms and five individuals involved in Iranian petroleum trade. These firms allegedly facil...

The United States has imposed sanctions on Iran's shadow fleet of tankers transporting oil. These sanctions target 17 vessels linked to the...

Iranian Oil Minister Mohsen Paknejad has resigned, with National Iranian Oil Company chief Hamid Bovard appointed as acting minister. The r...

A White House task force on artificial intelligence will assess the technology's risks and opportunities, while preventing overregulation t...

US President Donald Trump has named DNI chief Jay Clayton as his AI czar, tasking him with leading a new White House “Super Intelligence Fo...

Jay Clayton has been appointed as the AI czar by Donald Trump to lead a new panel. This group is tasked with identifying risks and opportun...

Anthropic PBC Chief Executive Officer Dario Amodei, OpenAI chief Sam Altman and SpaceAI Corp.’s Elon Musk in September called for the indus...

US Treasury Secretary Scott Bessent has initiated global efforts to economically isolate Iran through new restrictions. These restrictions ...

US Treasury Secretary Scott Bessent announced the extension of the trade truce with China until January 10. This agreement allows more time...

Scott Bessent is being considered to take on the role of AI czar amid growing concerns. President Donald Trump has indicated plans to appoi...

Senior US and Chinese officials will meet again to discuss artificial intelligence dangers and communications protocols in about two months...