Australian central bank raises rates for third time as oil shock bites
The Reserve Bank of Australia has raised its official cash rate for ...
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Editor’s Pick
Is Big Tech’s $725B AI splurge being funded by mass layoffs?
A widely reported figure this past week is that 81,747 tech workers ...
Evening digest: Trump displeased with Iran talks, jolts EU with auto tariffs
President Donald Trump expressed dissatisfaction with ongoing Iran negotiations, while also announcing ...
Will Powell’s move limit White House influence over the Fed?
Federal Reserve Chair Jerome H. Powell has capped his eight-year tenure with ...
UK house prices defy forecasts, climb amid economic concerns
British house prices unexpectedly increased in April, even as consumer confidence weakened ...
Trump to raise EU auto tariffs to 25% as trade tensions resurface
US President Donald Trump said he will raise tariffs on cars and ...
US, China hold ‘constructive’ trade talks ahead of Trump-Xi Summit
Senior officials from the United States and China held what Beijing described ...
AI rally powers Wall Street higher in April while Europe loses momentum
April proved to be an extraordinary month for stock market gains. But ...
Fed split stuns markets as rates held amid war, inflation fears
The Federal Reserve left interest rates unchanged on Wednesday, but an unusually ...
Powell says will stay on board after chair term ends, to keep a “low profile”
Jerome H. Powell said on Wednesday that he will continue serving as ...