Oil Jumps 6% as Markets Rattle Over Iran Tensions
The global oil supply and economic stability faced increased pressure when Israel conducted military attacks on Iranian nuclear facilities and...
Economics
Consumer Sentiment Climbs for First Time in Six Months
The United States saw consumer sentiment rise in June after six months of decline because people became more optimistic about...
IMF Endorses Argentina’s Latest Reforms Ahead of June Visit
The International Monetary Fund expressed support for Argentina's economic reforms during a Thursday announcement before conducting a review of the...
China’s Rare Earth Leverage Shapes Trade Talks with US
China maintains control over critical minerals worldwide which serves as a key factor in its trade negotiations with the United...
Trump Blocks California’s Gas Car Ban, Fuel Rules
President Donald Trump signed a resolution on Thursday which nullified California's plan to phase out gas-powered car sales by 2035...
Mexico’s Central Bank May Pause Rate Cuts Amid Inflation Rebound
The Mexican central bank's Deputy Governor Jonathan Heath indicated that the bank may refrain from additional interest rate reductions because...
US Treasury’s Bessent Urges China to Honor Trade Pledges
U.S. Treasury Secretary Scott Bessent requested China to fulfill its obligations under the recently restored trade framework by shifting its...
Trump Presses Fed to Slash Rates by One Point
The Federal Reserve should lower interest rates by one full percentage point according to President Trump after May inflation data...
Citgo Auction Extended to August, Bids Due by July
The U.S. judge pushed back the court-ordered auction schedule for Citgo Petroleum’s parent company shares until August 18. The Delaware...
Democrats Split on Crypto as Trump Builds Digital Empire
The crypto industry's growing relationship with President Donald Trump creates tension among Democrats because they need to balance their approach...
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