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WTI Crude Slips as US-Iran Talks Ease Market Fears
WTI Crude Slips as US-Iran Talks Ease Market Fears
Crude oil prices fell as US-Iran talks eased geopolitical fears, though a stronger dollar and negotiating challenges remain.
Dark Current
Bank of England Set to Hold Interest Rates at 3.75%
Bank of England Set to Hold Interest Rates at 3.75%
BoE holds rates, demanding more inflation proof despite a struggling UK economy and political pressures.
George Anderson
UK Military Overhaul Faces Delays, Tempest Jet on Hold
UK Military Overhaul Faces Delays, Tempest Jet on Hold
UK defense plan, delayed, faces £28bn gap, imperiling Tempest jet, signaling major military pivot.
George Anderson
North Korea's 2026 Economy: State Control & A Russian Lifeline
North Korea's 2026 Economy: State Control & A Russian Lifeline
Bolstered by deepening Russian ties and illicit funds, North Korea tightens its economic grip, affording Kim Jong Un new strategic flexibility in 2026.
Isaac Bennett
US-Iran Talks Set for Oman Amid Deep Divisions
US-Iran Talks Set for Oman Amid Deep Divisions
US and Iran confirmed Oman talks. Deep agenda disputes and US pressure threaten fragile negotiations.
Ukadike Micheal
Fed's Cook Signals No Rate Cuts Amid Stubborn Inflation
Fed's Cook Signals No Rate Cuts Amid Stubborn Inflation
Fed Governor Lisa Cook prioritizes tackling stalled inflation, signaling no rate cuts despite political pressure.
George Anderson
US-India Trade Deal Unlocked: What Finally Changed?
US-India Trade Deal Unlocked: What Finally Changed?
A US-India trade deal, spurred by new diplomacy, revitalizes ties, reshaping South Asia amid regional violence and economic shifts.
Thomas
Apple Beats Tech Stocks by Most in a Year as It Avoids AI Panic
Apple Beats Tech Stocks by Most in a Year as It Avoids AI Panic
The gain has resulted in a market capitalization of just over $4 trillion for Apple, allowing it to squeak past Alphabet Inc.
Manuel
Google's Quarterly Results Paint a Picture of an Internet Powerhouse Getting Stronger in AI age
Google's Quarterly Results Paint a Picture of an Internet Powerhouse Getting Stronger in AI age
Alphabet’s fourth-quarter profit rose 30% from the prior year to $34.5 billion, or $2.82 per share, while revenue climbed 18% to $113.8 billion.
Manuel
Bessent: I Was Wrong About Tariffs Causing Inflation
Bessent: I Was Wrong About Tariffs Causing Inflation
Treasury Secretary Scott Bessent reversed his tariff inflation warnings, sparking a tense congressional debate on economic policy and Fed independence.
Frederick Miles
Trump Says Iran Should Be ‘Very Worried’ as US Pursues Talks
Trump Says Iran Should Be ‘Very Worried’ as US Pursues Talks
Secretary of State Marco Rubio had said earlier on Wednesday that the US thought an agreement had been reached for the meeting to be held on Friday in Turkey.
Manuel
Bitcoin Sinks After Treasury Secretary Bessent Says US Government Can't Tell Banks to Bail out Crypto
Bitcoin Sinks After Treasury Secretary Bessent Says US Government Can't Tell Banks to Bail out Crypto
The move lower only added to bitcoin's recent rout. The world's largest cryptocurrency is down 13% over the past five days.
Manuel
Can a President Fire a Fed Official? DC Debates Power
Can a President Fire a Fed Official? DC Debates Power
Presidential power clashes with Fed independence at the Supreme Court, as Treasury Secretary Bessent defends autonomy.
Henry Thompson
Trump Administration Floats Using Tariffs to Implement Price Floor on Rare Earth Minerals
Trump Administration Floats Using Tariffs to Implement Price Floor on Rare Earth Minerals
This, the vice president said, would create the conditions for more investment by private mining companies to extract these varied minerals, which are often called the building blocks of the modern economy.
Manuel
Trump's Litmus Test for New Fed Chair: Lower Rates
Trump's Litmus Test for New Fed Chair: Lower Rates
Trump demands rate cuts from Fed nominees, fueling independence debate, with potential candidate Kevin Warsh now aligned.
Liam Peterson
Trump Signals Venezuelan Oil Open, But US Rules Apply
Trump Signals Venezuelan Oil Open, But US Rules Apply
The U.S. is reopening Venezuela's oil sector to India and China, but under a strict U.S.-led framework to control trade and financial flows, reshaping global energy dynamics.
Michael Ross
Trump Confident in Fed Rate Cut, Sets Easing as Litmus Test
Trump Confident in Fed Rate Cut, Sets Easing as Litmus Test
President Trump expects Fed rate cuts, making lower rates a prerequisite for his central bank pick.
Kevin Morgan
Top Senator Defends Fed's Powell Amid Political Firestorm
Top Senator Defends Fed's Powell Amid Political Firestorm
A DOJ probe into Fed Chair Powell has ignited a Senate clash, imperiling President Trump's central bank nominee.
Kevin Morgan
Japan's Megabanks Post Record Profits on Rate Hikes
Japan's Megabanks Post Record Profits on Rate Hikes
Japan's top banks eye record profits, driven by domestic interest rate hikes and robust corporate lending.
Michelle
Trump's Return: An Unexpected Win for Xi's China
Trump's Return: An Unexpected Win for Xi's China
Trump's policies, intended to curb China, have ironically enhanced Beijing's global standing and economic resilience.
Nathaniel Wright
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