Global business and financial news, stock quotes, and market data. Breaking news on world markets, economics, politics, and business.
Iran says it is still in control of the Strait of Hormuz and not seeking to resume peace talks with the United States after President Donald Trump halted a two-week bombing campaign
European stock futures gained as oil prices retreated on signs of easing tensions in the Middle East
US stocks tumbled, putting the S&P 500 Index on track for its worst day in a month, as doubts about the payoffs from the debt-fueled artificial-intelligence investment boom dragged down big tech stocks
Markets now face the resurgent Middle East war, a spike in oil prices back past US$100 and worries about the artificial intelligence investment boom
U.S. forces carried out a multiround strike against Iran on Tuesday after Iran targeted three commercial shipping vessels transiting the Strait of Hormuz, with U.S. Central Command saying it hit over 80 targets total, including over 60 Iranian small boats. “U.S. Central Command (CENTCOM) forces completed a new round of offensive strikes against Iran, July […]
Australian employment surged in June, extending the previous month’s gains, underscoring the ongoing strength in the nation’s labor market and stoking bets on another interest-rate increase
By Gram Slattery and Humeyra Pamuk ANKARA, July 8 (Reuters) - President Donald Trump said on Wednesday that the United States would grant Ukraine a license to manufacture Patriot missile interceptors, a huge boost for Kyiv, which has long sought permission to produce the defensive weapons. "We're going to give a license to you to make Patriots. That's pretty cool. This way, you can't complain that we're not giving 'em enough," Trump said at a meeting with Ukrainian President Volodymyr Zelenskiy at the NATO summit in Ankara
The decision reflects assumptions the country’s default risk declined, given that macroeconomic stabilization advanced beyond the initial adjustment phase, the ratings company said
The 48-hour firestorm that took down one of German Chancellor Friedrich Merz’s key parliamentary allies has given him a window to tighten his grip on the policymaking apparatus