Economy
Strait of Hormuz Standoff: Who Blinks First?
A dangerous game of endurance is unfolding in the Strait of Hormuz, with Iran betting on its sanctions-hardened economy and the US...
The Editorial Team 1079 articles
Economy
Inflation Nears 3-Year Peak as Gas Prices Climb
Consumer prices likely jumped for a third consecutive month in May, pushing inflation toward a three-year high and intensifying concerns for the...
Markets
Warsh’s Fed Tenure: Independence Under Scrutiny
Kevin Warsh's confirmation as Federal Reserve chair was marked by controversy, raising questions about his independence from President Trump.
Economy
China Consumer Inflation Flatlines as Factory Prices Climb
China's consumer prices unexpectedly stalled in May, while factory gate inflation hit its fastest pace in nearly four years, signaling a divergence...
Finance
Judge Signals Approval for Visa, Mastercard $38 Billion Swipe Fee Deal
A judge has granted preliminary approval to Visa and Mastercard's $38 billion settlement, potentially ending a two-decade dispute over swipe fees.
Stocks
Apotex IPO Raises C$1.3 Billion, Canada’s Largest Since 2021
Apotex Health Corp. and its backers secured C$1.3 billion ($932 million) in a Toronto IPO, pricing shares at the top end of...
Finance
Wells Fargo CFO Projects NII Growth, Confirms $50 Billion Goal
Wells Fargo CFO Mike Santomassimo forecasts a Q2 net interest income increase and reaffirms the bank's full-year NII target of $50 billion,...
Economy
Japan’s Smaller Firms’ Wage Growth Imperiled by Mideast Conflict, Cost Hikes
Japan's small firms, which employ the majority of the nation's company employees, face significant challenges in sustaining wage growth as the Middle...
Finance
US Home Sales Rebound Despite Higher Rates, Record Prices
Sales of previously occupied U.S. homes accelerated in May to their fastest pace this year, marking a sharp turnaround despite rising mortgage...