International
Trump threatens to fire Fed Chair Powell if he doesn’t step down by May 15
In a Fox Business interview, Trump says he will fire Powell if he does not vacate his board seat when his term ends.
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Business
The latest published reporting in this category.
International
As world focuses on Iran, Israel ‘engineering starvation policy’ in Gaza
The weaponisation of logistics has caused severe shortage of fuel, food and medicines piling misery on Palestinians.
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International
US military says blockade of Iran ports ‘completely’ halts economic trade
US Central Command say more than 10,000 armed forces members, as well as warships and planes, are involved in blockade.
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International
Business - 'War is development in reverse,' UNDP chief tells FRANCE 24
Amid uncertainty over the war in Iran, the International Monetary Fund has downgraded its outlook for the global economy under three different scenarios depending on how long the conflict will last.…
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International
IMF cuts global growth forecast during Hormuz blockade
Higher global inflation forecast at 4.4 percent, up 0.6 points, driven by surging oil, gas and fertiliser costs.
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International
Fed nominee Warsh’s financial disclosures point to assets well over $100m
Warsh's financial disclosures will almost certainly be a focus of his upcoming confirmation hearing next week.
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International
Nigerian airstrike hits market in northeast Yobe state
At least 200 people are feared dead after Nigerian military jets struck a village market while pursuing Islamist militants in the northeast of the country on Saturday night, a councillor for the area…
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International
Business - China's exports slow amid surging costs brought on by Iran war
China's exports grew only 2.5% in March from a year earlier, a significantly slowdown caused by the war in Iran. The closure of the Strait of Hormuz has pushed up the cost of materials, and many Chinese…
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International
Asia’s stock markets surge, oil falls on hopes for US-Iran talks
Relief for global markets comes after Trump says Iranian officials are keen on a deal.
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International
Man charged with attempted murder after attack on OpenAI CEO Altman’s home
A 20-year-old Texan faces potential life imprisonment after arson attack on Sam Altman's San Francisco residence.
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International
Energy prices rise despite Jones Act suspension by Trump
Shipping costs have increased by more than 10 percent in the past month due to the US-Israel war on Iran.
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International
New White House report has plans to fix US housing shortage of 10 million
A new report lays out a blueprint for how more home construction would help the middle class and the overall economy.
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