A quiet but consequential process inside the U.S. Federal Reserve is drawing unusual scrutiny as political pressure intensifies in Washington. The reappointment cycle for the Federal Reserve’s 12 regional bank presidents—traditionally a routine administrative exercise—is now emerging as a potential…
The race to own the future of artificial intelligence is no longer about algorithms — it’s about infrastructure.On Wednesday, Anthropic, one of the world’s leading AI developers, announced a $50 billion investment to build a network of data centers across the United States…
The oil market felt the tremor before the words fully landed. On Wednesday, prices sank more than $2 a barrel after the Organization of the Petroleum Exporting Countries (OPEC) forecast that global oil supply will match demand by 2026, signaling a new equilibrium…
The air in Niagara Falls carried more than mist this week. On the sidelines of the Group of Seven foreign ministers’ meeting in Canada, Brazilian Foreign Minister Mauro Vieira and U.S. Secretary of State Marco Rubio quietly convened to take stock of trade negotiations…
Europe’s trade policy debate has found new urgency in Rome. On Wednesday, Italian Economy Minister Giancarlo Giorgetti called on the European Union to bring forward a planned levy on low-value e-commerce imports, urging that the measure be implemented by 2026, two years earlier…
The U.S. Federal Reserve is expected to deliver another interest rate cut in December, extending its effort to stabilize a slowing economy under the strain of a weakened labor market and a historic government shutdown that has clouded official data.…
In a striking departure from traditional U.S. counter-narcotics policy, President Donald Trump’s administration has launched nearly twenty lethal strikes against suspected drug vessels across the Caribbean and Pacific, killing at least 76 people. The White House insists the targets were…
Israel’s President Isaac Herzog has denounced a wave of settler attacks on Palestinians in the occupied West Bank, describing the violence as “shocking and serious” and urging state authorities to act swiftly to end it. The statement marked one of the strongest…
Amazon.com, the second-largest private employer in the United States, is facing fresh scrutiny after being accused of punishing warehouse employees who request accommodations for disabilities. A proposed class-action lawsuit filed in New York on Wednesday alleges that the company’s attendance…
Wall Street’s momentum turned mixed on Wednesday, with the Dow Jones Industrial Average closing at a record high even as the Nasdaq slipped, revealing a rotation out of technology and into sectors more grounded in the real economy. Investors appeared to take confidence…