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US and Iranian negotiators reportedly explored a phased agreement that could reopen the Strait of Hormuz, while President Donald Trump and Chinese President Xi Jinping discussed trade, technology and artificial…
New York Federal Reserve President John Williams said Thursday it would be “reasonable” to expect the central bank to raise interest rates again before the end of the year. Speaking…
US President Donald Trump rejected international efforts to impose new regulations on artificial intelligence during his address to the United Nations General Assembly on Tuesday, while saying the US would…
The OECD raised its 2026 global growth forecast slightly on Wednesday, crediting robust AI-related investment for cushioning the world economy against a persistent energy shock tied to the Middle East…
With less than two months to go before the November midterm elections, data centers have emerged as an unexpected political fault line in the US, bringing Democrats and Republicans together…
China’s shipments of rare earth magnets to the US fell sharply last month, according to official Chinese customs data released Sunday. Supply of the materials, critical to high-end manufacturing, is…
The Federal Reserve delivered its first rate hike since July 2023 on Wednesday, lifting the federal funds target range by 25 basis points to 3.75%-4% in a unanimous 12-0 decision.…
On Thursday, the US State Department notified Congress of a potential sale of up to 48 F-35 fighter jets to Saudi Arabia, while oil prices fell about 2% as concerns…
