Latest Economy News
Strait of Hormuz war poses risk to US dollar, FX markets
The ongoing closure of the Strait of Hormuz, following seven turbulent weeks…
UK sentiment drops to 33-month low as household concerns rise
British consumer morale dropped sharply last month, hitting its lowest level since…
Warsh’s nomination scrutiny sets stage for heated confirmation hearing
The nomination of Kevin Warsh to lead the Federal Reserve is fast…
IMF signals Venezuela loan if data and reforms advance
The International Monetary Fund is preparing to deepen its engagement with Venezuela,…
Shippers seek clarity as Iran says Hormuz is open
Shipping companies reacted cautiously on Friday after Iran announced the reopening of…
US stocks hit record highs as Trump says Iran will scrap nuclear program
US markets rallied sharply on Friday after Iran declared the Strait of…