World News
US President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell, calling him a “disaster for America” and saying interest rates remain too high.
A targeted strike on a Gulf oil hub was enough to instantly destabilize markets. The attack attributed to Iran on Fujairah, in the United Arab Emirates, propelled Brent beyond 120 dollars and put financial balances under pressure.
Analysts believe that the ghost of the restriction of dollar depositors, popularly referred to as “corralito,” still haunts Argentines who prefer to hold their savings in cash dollars rather than in banks, even after the approval of the Fiscal Innocence law.
The United States has just crossed a historic threshold. Indeed, their debt now exceeds the size of their economy. This shift fits into a sustainable trajectory marked by repeated deficits and postponed budget decisions.
Video game retail company GameStop has made an unsolicited $55.5 billion offer for eBay, placing the meme-stock retailer at the center of a bold e-commerce takeover attempt. The bid values eBay at $125 per share, split between cash and stock.
The prices of the two most relevant oil benchmark futures shot up after reports indicated that a U.S. warship was recently struck by the IRGC, reigniting the hostilities in the Strait of Hormuz. Nonetheless, U.S. officials have denied these reports.
Gas prices in the United States have resumed their upward trend after a brief period of decline, with the national average reaching $4.457 per gallon on May 4, 2026, according to AAA data.
Unfolding developments in the US-Iran war appear to be triggering instability in markets and other issues worldwide. Claims and Counterclaims The war situation seems to be heading into further escalation after reports emerged that Iran’s navy attacked a US…
North Korea rejected accusations from the United States that it is behind the global cybercrime and cryptocurrency theft. The country called the claims “absurd slander” and said they are designed to damage its image.
CFTC Chair Mike Selig pushed back against claims that insider trading is widespread in prediction markets. He said the idea that enforcement rules are unclear is false and does not match how the agency operates.
Crypto and AI flood Washington with cash, yet voters keep their distance.
The blocking statute invoked by MOFCOM requires other companies conducting commercial activities in the country to disregard the sanctions imposed on five domestic refiners linked to Iranian oil transactions, because they constitute an improper…
Kevin Warsh cleared a Senate Banking Committee vote on April 29 and is expected to chair his first Federal Open Market Committee (FOMC) meeting June 16-17, 2026, as futures and prediction markets put the odds of a rate hold above 93%.
Deep-pocketed political groups tied to artificial intelligence (AI) and cryptocurrency are rapidly reshaping the midterm money landscape, but many Americans remain uneasy with the industries behind the spending.
Experts stated that the decision, which sets a precedent for future AI substitution cases, establishes that AI replacement cannot be brandished as a justification to abandon a labor contract. China is the world’s second-largest AI hub.
As the digital blockade imposed by the Iranian regime reaches its tenth week, reports indicate that an individual has allegedly died for using Starlink devices to circumvent it.
Berkshire Hathaway reported higher first-quarter operating profit as its cash pile moved closer to $400 billion.
Seven OPEC+ countries have agreed to raise June oil output quotas by approximately 188,000 barrels per day (bpd).
Co-Founder, Chairman, and CIO of Ritholz Wealth Management LLC, Barry L. Ritholtz, has framed the current Federal Reserve debate around a larger policy shift.
U.S. manufacturing activity stayed in expansion territory in April as the ISM Manufacturing PMI held at 52.7. Dan Gambardello noted on X that the reading remained above 50 despite wide global uncertainty, adding that the U.S. economy looked resilient.
U.S. stocks opened May with renewed strength after an extraordinary April rally that reshaped market momentum. Investors continued to favor technology shares, while earnings results and economic expectations drove early trading moves.
Economist Peter Schiff said on X that the U.S. dollar weakened as oil prices and bond yields moved higher. He noted the dollar index dropped below 98, wiping out earlier gains linked to geopolitical tensions.
President Donald Trump told Congress on Thursday that U.S.
The United Arab Emirates officially left OPEC on May 1, 2026, after 59 years of membership. Abu Dhabi immediately removed all its oil production quotas and is relying on its strategic pipeline to export without depending on the Strait of Hormuz.
The negotiation stalemate between the US and Iran over the ongoing war in the Middle East has extended into yet another weekend. However, hopes were lifted after Iran submitted an updated peace deal response in reply to that introduced by the US.
The dollar dominates international trade, but its monopoly is weakening. Amid geopolitical tensions and Western sanctions, the BRICS are accelerating their strategy to break free from it.
Iran’s currency has fallen to its weakest level on record, extending a prolonged depreciation trend that has developed alongside intensified U.S. economic measures.
Bitcoin critic and gold advocate Peter Schiff did not hold back Thursday. President Trump has assured Americans that gas prices will drop sharply once the Iran war ends. Schiff’s response cut straight to the problem.
The U.S. Senate unanimously adopted a resolution banning senators, their staff, and chamber officials from betting on prediction markets, including Kalshi and Polymarket. The decision comes after the indictment of a U.S.
The United States Senate passed a unanimous resolution Thursday banning its members and staff from trading on prediction markets, responding to a series of insider trading scandals that have put the fast-growing industry under intense scrutiny in recent weeks.