Iran’s regime maintains an iron grip on power but still can’t ignore the impact of U.S. economic warfare, which is getting even tougher. That extends even to Supreme Leader Ayatollah Mojtaba Khamenei, who hasn’t been seen in public since the U.S.-Israeli strike on Feb. 28 that killed his father. In a written statement issued late last
WASHINGTON — Federal Reserve governor Christopher Waller said Thursday that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not. The government will release August inflation figures Sept. 11, and if that report shows inflation continues to cool, then Waller said he would be willing
The pros said “let the bond market speak.” But investors don’t like what it’s saying on Tuesday. After an unusual intervention by the Treasury Department in August did little to tamp down bond-market jitters, US Treasury yields are spiking again, but the latest sell-off isn’t confined to the US. A host of macroeconomic fears is
BANGKOK — Shares were mostly lower in Asia and U.S. futures also declined Monday on expectations that the U.S. Federal Reserve may raise interest rates soon. Oil prices surged about 3% after U.S. forces struck Iranian rocket launchers on the Strait of Hormuz, marking their first military action in a month. The Trump administration just
Staff writers Updated August 31, 2026 — 10:39am,first published August 31, 2026 — 5:22am Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA The Australian sharemarket has dipped lower at the open after a rise in oil prices on Monday morning, while Wall Street
It is frequently said that the Federal Reserve steers by looking in the rearview mirror, basing monetary policy decisions on where the economy was in the past, rather than where it is today, or where it is headed. The reason is simple: the Fed relies heavily on measures that summarize the preceding 12 months. Those measures