Fed officials, including Governor Adriana Kugler and St. Louis Fed President Alberto Musalem, emphasized...
US Business Groups Seek Extension on Proposed Chinese Imports Tariff Hike
A coalition of 173 American trade associations operating under the "American For Free Trade"...
Russia Stock Exchange Halts Trading in Dollar and Euro Amid Fresh U.S. Sanctions
Trading in U.S. dollars, the euro, and Hong Kong dollars was brought to a...
Saudi Arabia Opts Out of 50-Year Petrodollar Deal with US, Paving the Way for Diversified Currency Usage
Saudi Arabia has made the strategic decision to not renew its long-standing 50-year petrodollar...
US Inflation Subsides as Energy Price Drops in May
The latest data from the Labor Department indicates that in May, the consumer price...
World Bank Raises Global GDP Outlook for 2024, Further Cuts Thailand’s Growth
The World Bank has adjusted its 2024 global growth forecast slightly upwards, influenced by...