Sep 21, 2026 Geopolitical forces are still casting a shadow over the world economy, and the Middle East remains the chief concern, according to CaixaBank Research. The summer started with Iran-US talks and hopes that traffic through the Strait of Hormuz would gradually return to normal, easing oil market strain in June, yet fresh fighting […]
BRICS did not form with a treaty or a grand diplomatic bargain. The need for BRIC was recognised as the balance of the global economy began to shift. In 2001, Terence James O’Neill coined the term BRIC (Brazil, Russia, India and China) in his Goldman Sachs paper entitled “The World Needs Better Economic BRICs,” drawing […]
“Donald Trump has achieved his goal of making this election about him at a historic level. The problem for Trump and Republicans on the ballot in November is that he has also made history in the highest share of voters who say their vote is in opposition to Trump,” said Democratic pollster Jeff Horwitt of […]
The Federal Reserve raised interest rates for the first time since July 2023 and penciled in an additional hike before the end of the year — steps aimed at containing inflation. In his remarks after the Fed meeting, Chairman Kevin Warsh restated his concerns about inflation, saying too many categories of goods and services were […]
On July 21, Interactive Brokers Group (NASDAQ:IBKR) reported results for the quarter ended June 30, with earnings of $0.69 per diluted share, up from $0.51 a year earlier. Net revenues rose to $1.90 billion from $1.48 billion. That is a big leap for a business that was already highly profitable, and the pretax margin still […]
In the end, Kevin Warsh’s Federal Reserve acquitted itself well. For all the uncertainty he had sparked at the previous meeting of the Federal Open Market Committee, when he refused to provide any indication of what he was prepared to do to tame stubborn inflation, the chair on Wednesday presided over a unanimous decision to […]
In testimony before Congress on Tuesday, Treasury Secretary Scott Bessent said he remained confident in the credibility of the US financial system, arguing that bond auctions continue to operate successfully and that the dollar is still thriving as measured by its share of global transactions. “The US is in fact the leader, and the leader […]
Dive Brief: An index aimed at predicting future strength of the U.S. economy edged down last month, eroded by worsening consumer expectations and a decline in building permits, the Conference Board said Friday. The Leading Economic Index dipped 0.1% to 99.5 after rising 0.2% in July, according to the Conference Board. Four out of the […]
For 114 years, the U.S. Chamber of Commerce has worked to defend, protect, and advance free enterprise, the system that powers American growth, opportunity, and innovation. We defend free enterprise because it empowers people to build better lives. It lowers costs through competition, creates jobs and opportunity, turns new ideas into solutions, and gives every […]
Network for expanding global use of USDG… 150+ institutions including Mastercard, Kraken, Robinhood and Worldpay participate ARACORE is building institutional infrastructure that connects global financial institutions with diverse digital dollar ecosystems, not limited to a single stablecoin.” — Jihoon Cha, CEO of Aracore SEOUL, SEOUL, SOUTH KOREA, September 18, 2026 /EINPresswire.com/ — ARACORE, the U.S. […]
