Three regional Federal Reserve presidents signalled on Friday that further rate increases are coming, differing mainly on how fast they should arrive.
An apparent shift to close-range attacks on shipping in the Strait of Hormuz has put oil on course for a fourth straight monthly gain.
A Friday selloff extended the rout that began when Alphabet lost more than $500 billion in market value, as investors questioned whether heavy AI capital spending will pay off.
The world’s largest crypto exchange says it will cover all losses from what is suspected to be the biggest crypto theft on record, while issuers including Tether, Circle and the Trump-linked World Liberty Financial freeze funds tied to the attack.
Iran confirmed receiving a letter from Vice President JD Vance seeking renewed talks, while Washington looks to former Revolutionary Guards leader Rezaei as its best channel.
Rubio opened the foreign ministers’ meeting with a call for cooperation on shipping and economic security, but divisions over Ukraine and Iran dominated the first day.
Nearly 14 years after setting its price target, the central bank says underlying inflation is consistent with 2%, while Governor Kazuo Ueda points to strong prospects for another rate rise in December.
Blockchain investigators say North Korea’s TraderTraitor unit is moving the proceeds with laundering patterns they have not seen before.
Canada and the European Union are seeking a broader alliance as US trade tensions escalate, with Ottawa pitching European ties as a way to strengthen its sovereignty.
The Treasury secretary led senior federal officials in St. Cloud to announce what the administration calls a crackdown on fraud and on illicit transfers abroad.
The PLA’s Southern Theater Command sent naval and air units around the disputed shoal on Friday, as China’s coast guard and maritime militia held drills nearby.
The chipmaker would lend its balance sheet to a young AI cloud provider preparing a stock market listing, as lenders grow more hesitant about the debt behind the AI build-out.
The central bank’s profit for the first nine months of the year reached 44.2 billion francs, helped by a weaker franc that lifted the value of its foreign holdings.
Surging borrowing pushed the debt ratio to a post-war high at the end of the fiscal year, days before midterm elections that could set up a fight over the debt ceiling.
Activity unexpectedly stalled in July and August and early data point to a slight contraction in September, putting the timing of the next rate hike in question.
Ottawa paired a security plan that calls for preparing for worst-case scenarios, including war, with an equity stake in a Toronto-based AI company.
The gap between government spending and receipts rose about 25% from a year earlier in April to September.
The general acknowledged the disclosures on video after failing four polygraph tests, a US official said, while questions emerged over whether the Pentagon’s own disclosures broke privacy law.
The purge reaches into China’s nuclear, aerospace and shipbuilding industries, and the party plans a congress at which analysts expect vacant military seats in the leadership to be filled.
High energy prices weighed on the bloc’s economy, while a surprise French contraction deepened concerns over the government’s debt load.
Liquidators of China Evergrande Group have struck a rare deal to recover value for creditors owed $46 billion by selling the developer’s profitable property management unit.
Defense officials are privately drafting a budget closer to $1.1 trillion, even as the administration says it has support for its record request and the midterms threaten to shrink congressional appetite for more spending.
The AAA-rated company borrowed at a cost barely above the US government’s, even as investors grow pickier about the debt financing the AI boom.