Global business and financial news, stock quotes, and market data. Breaking news on world markets, economics, politics, and business.
The DOJ dropped its criminal investigation into Fed Chair Jerome Powell, clearing the way for the Senate to confirm Kevin Warsh
The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming
Russia launched more than 600 drones and 47 missiles as it targeted eight regions in Dnipro, authorities say
Brazil’s Finance Ministry cited investor protection concerns and rising gambling addiction as it blocked platforms like Polymarket and Kalshi
Israel’s parliament approved a state budget that should stabilize the ruling coalition until elections later this year and which will see defense spending increase significantly to cover the wars against Iran and in Lebanon
Federal Council sets out plans for banking reform after months of lobbying by country’s biggest lender
The agency’s forecast assumes oil and gas deliveries from the Middle East to international markets resume by midyear, though not to preconflict levels
This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: Iran says the Strait of Hormuz is open — but there’s no peace deal yet, and there are plenty of unanswered questions. Here’s what we […]
Asian equities rose and oil prices were relatively stable early Friday, as the U.S. raced to keep Israel’s war in Lebanon from jeopardizing the fragile cease-fire and derailing talks with Iran this weekend
Vice President JD Vance led the highest-level talks between the United States and Iran in nearly 50 years
Several oil tankers have u-turned in the Persian Gulf after appearing to try to transit the Strait of Hormuz, as shipowners and oil traders remain in a state of disarray as they try to figure out whether Iran would stick to its promise to keep the chokepoint open for all