Trump’s second-term policies put US finances under growing strain as debt tops $40 trillionDuring President Trump's presidency, the national debt of the U.S. has ballooned to over forty trillion dollars. Federal expenditures are o...
Oil edges down as investors weigh uncertainty over U.S.-Iran strikesOn Thursday, oil prices dropped slightly amid escalating military tensions. Investors are closely monitoring the hostilities between the Un...
Gold treads water ahead of US nonfarm payrolls reportGold prices held steady during the early hours of Thursday’s Asian trading. Investors are closely monitoring the upcoming U.S. nonfarm payr...
Venezuela's Nicolas Maduro asserts immunity, urges US judge to dismiss chargesOusted Venezuelan President Nicolas Maduro seeks dismissal of drug charges. He argues for head-of-state immunity from prosecution in a U.S....
In 2009, the U.S. Air Force put 525,000 computers under ENERGY STAR power controls, replacing wasteful always-on use with sleep settings and targeting $15 million in annual savingsAir Force's approach focused on putting computers into lower-power states when they were not being actively used. Under the settings being ...
Bond selloff deepens as inflation, oil prices jolt marketsThe bond market is undergoing a tumultuous selloff, resulting in elevated borrowing costs for potential borrowers. Concerns surrounding inf...
RBI intervention, dollar flows push Indian rupee to two-month peakThe Indian rupee surged to a two-month peak against the U.S. dollar, buoyed by decisive central bank interventions and dollars flowing in f...
US Treasury selloff pushes India 10-year bond yield towards 7%Indian government bonds experienced a sharp decline, pushing yields higher. U.S. Treasury yields rose significantly due to escalating geopo...
Gold steadies as traders await US jobs data, monitor Mideast tensionsGold prices held steady as traders navigated heightened tensions in the Middle East and awaited pivotal labor data from the US. This econom...
Oil prices rise as latest fighting resurrects Middle East supply disruption risksOn Tuesday, oil prices surged as concerns over supply disruptions arose due to escalating conflicts in the Middle East. Both Brent crude fu...
US stock market: Bessent dismisses US bond market turmoil concerns, points to economic strengthU.S. Treasury Secretary Scott Bessent reassured markets by minimizing concerns over turbulence and debt. He emphasized that robust economic...
Scott Bessent urges G20 to push China to curb exports, boost domestic demandUS Treasury Secretary Scott Bessent will urge G20 members to re-examine trade terms with China. He aims to shrink global imbalances and pre...
US Treasury's Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoilUS Treasury Secretary Scott Bessent will push G20 economies to reduce trade imbalances, boost growth and cut ties with Iran at meetings in ...
Iran presses other countries to refrain from implementing US sanctionsIran's Foreign Ministry declared all nations must avoid implementing United States sanctions. New United States economic measures were call...
US Stock Market: Warsh Jackson Hole speech puts Fed policy communication under scrutinyFederal Reserve Chair Kevin Warsh’s Jackson Hole speech is in focus as investors seek clues on U.S. interest rates, inflation and bond-mark...
Trump used to say he saw a quick end to his Iran war. Six months later, he claims he's in no hurryPresident Trump faces criticism as the six-month war against Iran continues unexpectedly. The administration now focuses on economic pressu...
Canada announces $20 billion retaliatory tariffs on US goods, unveils support measuresCanada has announced C$27.6 billion ($19.94 billion) in retaliatory tariffs on US goods, matching Washington’s latest duties dollar-for-dol...