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Oil Prices Surge as Iran-U.S. Military Conflict Disrupts Strait of Hormuz
Global oil prices surged on Wednesday as geopolitical tensions intensified between the United States and Iran. Following the re-imposition of a naval…
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Trump Threatens Iran With Widespread Destruction
Trump Threatens Infrastructure Strikes Amid Escalating Conflict President Donald Trump has threatened to target Iranian bridges and power plants with airstrikes if…
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Federal Reserve Interest Rate Hike Odds Fall
The probability of a Federal Reserve interest rate hike at the central bank's upcoming July meeting has dropped significantly following a cooler-than-expected…
Business
Trump Drops Plan for Hormuz Toll
President Donald Trump has reversed his decision to impose a 20% toll on cargo ships passing through the Strait of Hormuz, a…
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Fed Chair Warsh signals hawkish stance on inflation
Federal Reserve Chairman Kevin Warsh testified before Congress on Tuesday, pledging that the central bank will make the inflation surge of the…
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U.S. Inflation Eases in June as Middle East Tensions Threaten Energy Costs
U.S. consumer price inflation slowed significantly in June, surpassing market expectations, according to data released Tuesday by the Bureau of Labor Statistics.…
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Gold Plunges to Two-Week Low Amid Gulf Tensions and Fed Rate Hike Bets
Gold prices face downward pressure as of July 14, 2026, amid heightened geopolitical tensions in the Persian Gulf and shifting U.S. monetary…
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Trump Declares US Guardian of Hormuz Strait
President Trump Declares U.S. "Guardian of the Hormuz Strait" President Donald Trump announced that the United States is reinstating a blockade on…