ExxonMobil Eyes Venezuela Return as US House Targets Data Center Power Costs
Key Takeaways ExxonMobil (XOM) is reportedly nearing a preliminary agreement with state-run PDVSA to re-enter Venezuela’s oil fields, potentially marking […]
Breaking News
U.S. House Passes Sweeping Russia Sanctions; Leon Black Held in Contempt
Key Takeaways U.S. House passes HR 5334 in a 262 to 159 vote, imposing aggressive sanctions and tariffs on Russia
Global Markets Update: OpenAI Discloses Safety Incidents, Google Dodges Breakup, and Brazil Trims Rates
Key Takeaways OpenAI has launched a new transparency framework after disclosing six major AI safety incidents involving model misalignment over
Fed Defies Trump with First Rate Hike in Three Years; Kim Yo Jong Rejects IAEA Denuclearization Talks
Key Takeaways Federal Reserve Chair Kevin Warsh led a unanimous 12-0 vote to raise the benchmark interest rate by 25
Trump Demands Rate Cuts as Trade Tensions Escalate; Exxon Eyes Venezuela Return
Key Takeaways President Trump demanded the Federal Reserve slash interest rates to 1% or lower, claiming that ending trade with
Fed Hikes Rates by 25 Basis Points as Chairman Warsh Signals “Higher for Longer” Stance
Key Takeaways The Federal Reserve raised the benchmark interest rate by 25 basis points to a range of 3.75%–4%, marking
Fed Hikes Rates as Boeing Shares Tumble on Production Delays
Key Takeaways The Federal Reserve raised the benchmark interest rate by 25 basis points to a range of 3.75%–4.00%, marking
Fed Hikes Rates as Chair Warsh Warns Inflation Remains Too High
Key Takeaways The Federal Reserve raised interest rates by 25 basis points, citing an economy that appears to be strengthening
Fed Hikes Rates to 4.00% and Signals “Higher for Longer” Through 2028
Key Takeaways The Federal Reserve raised its benchmark interest rate by 25 basis points to a range of 3.75%-4.00%, marking
Global Markets Update: Central Banks Signal Inflation Alarms Amid Geopolitical Tensions
Key Takeaways Central Banks on High Alert: The Bank of Canada and the U.S. Federal Reserve are bracing for persistent