Ships are anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran. Ali Saeedi | Getty Images Iranian authorities have pushed back on U.S. President Donald Trump’s repeated claims that Washington has “total control” over the Strait of Hormuz. On Wednesday stateside, Iran’s Persian Gulf Strait Authority said…
A Japanese 10,000 yen banknote arranged in Kyoto, Japan, on Tuesday, July 14, 2026. The Japanese government’s push for pension funds and individuals to invest more in domestic markets is seen as a potential boost for the nation’s bonds and currency in the long term. Photographer: Kentaro Takahashi/Bloomberg via Getty Images Kentaro Takahashi | Bloomberg…
In 2026, gold has been a tough trade to time right, falling from a 10-year high over $5,300 an ounce that it reached early in the year by as much as 18%, according to Goldprice.org. But last week was the precious metal’s best week since January, while gold mining stocks had their hottest five-day run…
Pedestrians walk past the north entrance to the U.S. Treasury Department headquarters building on April 30, 2025, in Washington, DC. J. David Ake | Getty Images The U.S. budget deficit soared to its highest monthly level in more than five years amid a surge in Medicare costs and as interest on the federal debt continued…
Joshua Kushner, left, founder of Thrive Capital, and former Disney CEO Bob Iger during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 10, 2026. Getty Images (L) | CNBC (R) The Los Angeles Lakers have sold — again. Less than a year after buying a controlling ownership stake in the…
U.S. Treasury yields were little changed on Wednesday morning as Wall Street awaits key inflation data due later in the session. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was largely flat at 4.682%. The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve…
Supporters of transgender youth demonstrate outside Children’s Hospital Los Angeles (CHLA) on February 6, 2025 in the wake of US President Donald Trump’s executive order threatening to pull federal funding from healthcare providers who offer gender-affirming care to children. Robyn Beck | Afp | Getty Images The Trump administration on Tuesday said it is implementing…
The US Coast Guard seized advanced weapons and lethal aid from Iran, destined for Houthi-controlled areas of Yemen in the Red Sea on Jan. 28, the US Central Command (CENTCOM) said Thursday, on February 15, 2024 in Tampa, Florida, United States. The boarding team discovered over 200 packages that contained medium-range ballistic missile components, explosives,…
The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies after Prime Minister Takaichi’s election win. Yevgen Romanenko | Moment | Getty Images The Japanese yen has erased about half the gains from a historic U.S.-Japan intervention less than two weeks ago, as the fundamental forces that…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the Pennsylvania Defense and Innovation Summit in Carlisle, Pennsylvania, July 15, 2026. Tom Brenner | Bloomberg | Getty Images LOS ANGELES — For years, JPMorgan executives have been talking with Olympics organizers about sponsoring the games. Before the next event, taking place in Los…
