Economy

Signs outside a Signature Bank branch in New york city, United States, on Monday, March 13, 2023. Stephanie Keith|Bloomberg|Getty Images Banks took billions in short-term loans today from the Federal Reserve as the market manages a major crisis of self-confidence and liquidity, the reserve bank reported Thursday. Using tools the Fed presented Sunday, banks searching… […]

Senate Judiciary Committee chairman Sen. Penis Durbin (D-IL) speaks throughout Chief law officer candidate Merrick Garland’s verification hearing prior to the Senate Judiciary Committee, Washington, DC, February 22, 2021. Al Drago|Swimming pool|Reuters The chairman of the Senate Judiciary Committee and a leading Republican senator on Thursday reestablished a costs that looks for to oblige the… […]

People walk past an anti-US mural on a street in Tehran, Iran, June 5, 2025. Majid Asgaripour | Via Reuters Crude oil futures rose more than 4% on Wednesday as tensions escalated between the U.S. and Iran, with President Donald Trump expressing doubt that the two countries will reach a nuclear deal. Brentcrude futures rose […]

An estimated $1.4 trillion is paid to landlords of residential properties every year in America, but only 20% of those landlords choose to report the rent paid. That has big implications for the credit scores and credit histories of millions of Americans. Reporting rent paid on time to credit bureaus can significantly boost credit scores […]

An employee arranges gold bars at the Italpreziosi SpA precious metals refinery plant in Arezzo, Italy, on Tuesday, May 6, 2025. Bloomberg | Bloomberg | Getty Images Central banks’ growing appetite for gold meant that the precious metal was the second-largest global reserve asset in 2024, according to a European Central Bank report out Wednesday […]

Former Starbucks CEO Howard Schultz drinks from a Starbucks mug while testifying before a Senate Health, Education, Labor, and Pensions Committee hearing to answer questions about the company’s compliance with labor law on Capitol Hill in Washington., U.S., March 29, 2023. Julia Nikhinson | Reuters LAS VEGAS, NEV. — Former Starbucks CEO Howard Schultz said […]

“I regret some of my posts about President @realDonaldTrump last week. They went too far,” Elon Musk said on the X social media platform. Alex Wroblewski | Afp | Getty Images Tech billionaire Elon Musk on Wednesday said he regretted some of the social media posts he made about U.S. President Donald Trump last week […]

Italian Prime Minister Mario Draghi during the press conference at the Multifunctional Hall of the Prime Minister on July 12, 2022 in Rome, Italy. Max Di Vita | Mondadori Portfolio | Getty Images The European Union needs up to 800 billion euros ($884 billion) in additional financing per year to meet its key competitiveness and […]

The Bank of Japan is largely expected to hold interest rates steady at the end of its 2-day meeting ending June 14, 2024. Seen here, the Japanese flag flying high at the BOJ headquarters in Tokyo. Kazuhiro Nogi | Afp | Getty Images The unwinding of the yen carry trade is expected to continue in […]

Republican presidential nominee, former U.S. President Donald Trump participates in a Fox News Town Hall at the New Holland Arena in Harrisburg, Pennsylvania on September 04, 2024. Kevin Dietsch | Getty Images News | Getty Images Republican presidential nominee Donald Trump’s threat to slap countries that shun the U.S. dollar with 100% tariffs is a […]