Iran has stated that the Strait of Hormuz will remain closed until the United States meets…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
TUC Calls for Review of OBR Ahead of October Budget
The Trades Union Congress (TUC) is urging Chancellor John Healey to initiate a comprehensive review of…
Europe Faces Energy Crisis as Rivers Dry Up Amid Heat Waves
Europe is facing a significant energy crisis as key rivers experience severe drought conditions, impacting energy…
Drone Explodes in Bulgaria Near Key Gas Pipeline Site
An unidentified drone exploded in Bulgaria on Saturday, close to the border with Romania, according to…
Berkshire Hathaway Buys Back $4.5 Billion in Shares
Berkshire Hathaway Inc. repurchased approximately $4.5 billion of its own shares in the second quarter of…
US announces $400M loan for Australian scandium mine project
The United States Department of Defense has committed a conditional loan of $400 million to Sunrise…
S&P 500, Nasdaq Rise as US Jobs Data Dims Rate-Hike Outlook
The S&P 500 and Nasdaq Composite opened higher on Friday after unexpected job losses in the…
Trump Calls for Windfall Tax on Big Oil Amid Profit Surge
Donald Trump has called for a windfall profits tax on major oil companies following significant earnings…
U.S. Jobs Report Shows Modest Gains Amid Stagnant Wages
The U.S. job market showed signs of modest improvement in July, with economists projecting the addition…
Trump Orders 15% Tariff on Polysilicon to Counter China
U.S. President Donald Trump signed an executive order on Thursday imposing a 15% tariff on imported…