U.S. Treasury yields rose on Monday as investors reacted to President Donald Trump’s renewed threats of military action against Iran over Hezbollah’s attacks on Israel, a development that pushed oil prices higher and sharpened inflation concerns. The move followed a U.S. cash Treasury market holiday on Friday, with analysts saying...
Tehran, Iran – Iran has halted commercial shipping through the Strait of Hormuz, one of the world’s most important energy chokepoints, abruptly cutting off a route that carries roughly one-fifth of global petroleum consumption. The move follows the breakdown of a memorandum of understanding between Tehran and Washington that had...
The U.S. Federal Reserve, led by Chair Kevin Warsh, announced today the creation of a task force to examine and begin reducing the central bank’s $6.7 trillion balance sheet. The move represents the first major structural initiative of Warsh’s tenure and signals a shift away from the recent era of...
United States. State labor reports released in mid‑June 2026 show mixed job growth and steady unemployment across several states: Oregon's payrolls remain below last year's levels with unemployment at 5.2 percent for five months, Pennsylvania's unemployment held at 4.2 percent in May while total nonfarm jobs reached a record high,...
Chicago. Governor J.B. Pritzker signed the Digital Asset Tax Act on 18th June 2026, embedding a 0.2% levy on the exchange, transfer and custody of cryptocurrencies into Illinois' fiscal year 2027 budget; the law requires digital asset brokers, including exchanges and custodians, to collect and remit the fee and takes...
The Federal Open Market Committee is set to announce its latest interest rate decision on Wednesday, June 17, 2026, in Washington, in the first policy meeting led by new Federal Reserve Chair Kevin Warsh. Markets, as measured by the CME FedWatch tool, assign a 97 percent probability that the benchmark...
The US Federal Reserve opened a two-day policy meeting today, the first chaired by Kevin Warsh since his nomination by President Donald Trump in late January. Warsh takes over amid faster inflation and a strong labor market, with recent April consumer price data reinforcing concerns about persistent price pressures. Markets...
United States: Gas prices fell across several states this week after reports that the United States and Iran reached an agreement to reopen the Strait of Hormuz, officials and analysts said. GasBuddy and AAA data released Sunday showed national and state averages declining week-over-week, with local pump prices measured in...
Global crude oil prices jumped 4.8% to $99.12 per barrel in early trading on June 13, 2026, after reports of renewed naval skirmishes in the Persian Gulf and fresh tanker attacks in the Strait of Hormuz. The move reversed a recent period of de-escalation between the United States and Iran...
United States financial markets surged in early trading on June 12, 2026, after President Donald Trump announced he had canceled planned military strikes against Iran. The S&P 500 rose 1.3%, the Dow Jones Industrial Average gained 1.6% or 802 points, and the Nasdaq composite advanced 1.8% as investors responded to...
