Sixty days into the US-Israeli war on Iran, peace talks are stalled and the world is bracing for yet more economic pain. RT asks how we got here, and who – if anyone – is really winning in the Persian Gulf?
The latest ABS consumer price index figures show just how pointless hiking interest rates would be at dealing with inflation. But raising rates is baked into the Reserve Bank’s DNA
IBA, Zambales — Gov. Hermogenes Ebdane Jr. has ordered to fast track the release of economic assistance to local fishermen who were forced to stop fishing in the waters of Zambales due to the Balikatan Exercises and high cost of fuel.
On the surface, the streets of Tehran appear to have returned to normal. Cafés are open, and traffic jams in the capital have resumed their usual pace. However, beneath this routine lies a nation on the brink of financial collapse, one that even the most brutal crackdowns may not contain.
Kevin Warsh testifies during his nomination hearing to be a member and chairman of the Federal Reserve Board of Governors before the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington Tuesday, April 21, 2026. (AP Photo/Jose Luis Magana)
Bill Ackman's long-awaited push into public markets is set to debut Wednesday, marking a scaled-back but still ambitious step toward building a Berkshire Hathaway-like investment platform.
The Senate Banking Committee on Wednesday voted to advance Kevin Warsh's nomination to lead the Federal Reserve, teeing up President Donald Trump's pick for a final confirmation vote in the Republican-controlled Senate.
Germany will borrow like never before over the next four years — and may have to raise yet more money to cope with the strains of U.S. President Donald Trump’s “irresponsible war” in Iran, center-left Finance Minister Lars Klingbeil said Wednesday.
As expected, the Bank of Canada - which was the day's first G5 central bank to hit the tape ahead of the Fed's decision at 2pm ET - held interest rates unchanged at 2.25% as expected, saying adjustments to borrowing costs would likely be small if the economy and inflation evolve as expected, while stating that it is…
State proxy hacktivism, like Iran’s Handala group, was on the rise in 2025, with strong indications that in 2026, there will be attacks focused on damaging actual infrastructure rather than only hacking official state websites, a new report by KELA Group warned on Wednesday.
With mortgage rates still relatively low, despite a recent jump in interest rates, and a top-down push for affordability, Housing Starts for March soared while the more forward-looking Building Permits disappointed, unexpectedly plunged.
WASHINGTON, April 29 (Yonhap) -- U.S. President Donald Trump on Wednesday warned Iran to "get smart soon," as peace talks remained at an impasse amid growing concerns over the economic fallout of the U.S.-Israeli war against the Islamic Republic.
The UAE property market has been one of the strongest stories in the sector globally over the past few years, with record transactions, rising prices and huge numbers of international buyers.
S&P futures are flat with Nasdaq outperforming ahead of a huge day for tech. Alphabet, Amazon, Meta and Microsoft, representing nearly 20% of S&P market cap, report after the close, with traders focused on capex. The group has a combined options implied move of more than $750 billion of market cap in either directio…
JAKARTA, Indonesia (AP) — Indonesia is urging social media companies and digital platforms to report the number of accounts that have been suspended as part of the implementation of government regulations restricting access for children under 16, authorities said Wednesday.
S&P Global Ratings on Wednesday maintained South Korea's long-term sovereign credit rating at "AA" with a stable outlook, citing the country's competitive electronics sector and supportive fiscal policy as buffers against mounting global energy market risks.
A licensing agreement that is part of the deal will allow AESC technology to be be used in battery cells that will be sold under Fixx Energy. (Photo by Yuki Kohara)
After closing his hedge fund in the aftermath of the meme-stock upheaval, Gabe Plotkin is exploring a new investment structure, according to Bloomberg.
The US’s acting ambassador to Ukraine, Julie Davis, is set to leave her post in the coming weeks due to disagreements with President Donald Trump, the Financial Times reported Tuesday, citing people familiar with the matter.
The Dubai International Financial Centre has continued to grow its stable of companies establishing regional bases in the first quarter of this year, continuing the momentum from its record growth in 2025.
Spanish inflation cooled in April thanks to falling electricity prices even as the Middle East war roiled global energy markets, official data showed on Wednesday.
Ministry of Natural Resources boasts world-leading reserves of 14 minerals and vows to keep boosting output and exploration as geopolitical risks weigh on resources
Ministry of Natural Resources boasts world-leading reserves of 14 minerals and vows to keep boosting output and exploration as geopolitical risks weigh on resources
Goldman consumer analysts Kate McShane and Bonnie Herzog cut their 2026 discretionary cash-inflow growth forecast for the second time this year, citing a worsening squeeze on U.S. households as slower disposable income growth collides with higher fuel prices at the pump. The revision points to a softening among cash…
Hyundai Motor Executive Chair Chung Euisun attended Auto China 2026 in Beijing, industry sources said Wednesday, as the automaker steps up efforts to regain its foothold in the world's largest vehicle market.