Pump jacks operate in a field on March 11, 2026 in Gillett, Texas. Brandon Bell | Getty Images Asia-Pacific markets traded mixed on Friday, following volatile trading on Wall Street overnight, as the Middle East war and disruptions to energy supply keep investors jittery. Iran attacked the world’s largest gas plant in Qatar, causing damage…
President Donald Trump on Thursday signaled his continued support for a Department of Justice investigation into Federal Reserve Chairman Jerome Powell — a stance that could further delay the confirmation of Powell’s would-be successor, Kevin Warsh. “He’s under investigation because he’s building a building for hundreds of billions of dollars more than it’s supposed to…
US Secretary of Defense Pete Hegseth speaks during a news conference at the Pentagon in Washington, DC, on March 19, 2026. Mandel Ngan | Afp | Getty Images Defense Secretary Pete Hegseth said Thursday that the Pentagon’s reported $200 billion budget request for Iran war funding “could move.” “It takes money to kill bad guys,”…
Hello, I am Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of Inside India — your one-stop destination for stories and developments from the world’s fastest growing large economy. This week, I unpack what’s driving the rapid surge in gold‑loan growth in the world’s second‑largest bullion market. Loans against gold are…
WASHINGTON – The Federal Reserve on Wednesday voted to hold its key interest rate steady as policymakers navigate their way through higher-than-expected inflation readings, mixed signs on the labor market – and a war. In a widely expected decision, the Federal Open Market Committee voted 11-1 to keep the benchmark federal funds rate anchored in…
President Donald Trump issued a 60-day waiver of a longstanding U.S. shipping law in an attempt to stabilize oil markets amid the Iran war, the White House confirmed to CNBC on Wednesday. The temporary suspension of the Jones Act “will allow vital resources like oil, natural gas, fertilizer, and coal to flow freely to U.S….
U.S. Senator Markwayne Mullin, President Donald Trump’s nominee to be Homeland Security secretary, tesifies before a Senate Homeland Security and Governmental Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., March 18, 2026. Evan Vucci | Reuters The Senate confirmation hearing of Sen. Markwayne Mullin, R-Okla., to lead the Department of Homeland Security,…
Cuba’s President Miguel Diaz-Canel gestures during the BRICS summit second plenary session in Rio de Janeiro, Brazil, on July 6, 2025. Pablo Porciuncula | Afp | Getty Images Cuba’s President Miguel Díaz-Canel on Wednesday lashed out at the “almost daily” threats from the U.S. and pledged to meet the Trump administration’s move to choke off the…
After an extended delay in selling into the world’s second-largest economy, chipmaker Nvidia is gearing up to provide some customers in China with its H200 processors, CEO Jensen Huang said on Tuesday. “We have received purchase orders, and we’re in the process of restarting our manufacturing,” Huang told reporters at the company’s GTC conference in…
A Tesla Megapack battery at the Harmony Energy Ltd. and Fotowatio Renewable Ventures BV battery energy storage project near Burgess Hill, England, May 11, 2021. Chris Ratcliffe | Bloomberg | Getty Images Tesla is expanding ties with South Korea’s LG Energy Solution, striking a deal to buy $4.3 billion worth of battery cells for energy…
