
Trump Criticizes Fed Chair Powell Again, Hints at Possible Replacement
Jun 21, 2025 01:39 am UTC| Politics Economy
U.S. President Donald Trump has reignited criticism of Federal Reserve Chair Jerome Powell, once again suggesting he might fire himdespite earlier saying he wouldnt. In a Truth Social post on Friday, Trump questioned why...

S&P 500, Nasdaq Dip Amid Iran-Israel Tensions and Fed Rate Uncertainty
Jun 21, 2025 01:33 am UTC| Economy
U.S. stocks closed lower on Friday as rising geopolitical tensions between Iran and Israel weighed heavily on investor sentiment. The SP 500 lost 0.22% to 5,967.84, while the Nasdaq Composite dropped 0.51% to 19,447.41....

Global Market Jitters Rise as Central Banks Diverge Amid Economic Uncertainty
Jun 20, 2025 04:33 am UTC| Economy
Investor anxiety is growing as central banks send mixed signals, clouding the global monetary outlook. Norway shocked markets with an unexpected interest rate cut, sending the krone down 1% against the dollar and euro....

Japan-US Trade Talks Stall Ahead of Key Tariff Decision
Jun 20, 2025 04:27 am UTC| Economy Politics
Japans trade negotiations with the United States remain stalled, with Economic Revitalization Minister Ryosei Akazawa stating Friday that discussions remain in a fog despite ongoing efforts. Tokyo is pushing to convince...

China’s Rare Earth Magnet Exports Plunge Amid Tighter Export Controls
Jun 20, 2025 04:25 am UTC| Economy
Chinas exports of rare earth magnets dropped sharply in May, falling 52.9% from April to just 1,238 metric tonsthe lowest monthly level since February 2020, according to Chinese customs data. Year-on-year, the decline was...

Brent Crude Slips as U.S. Delays Israel-Iran Conflict Decision
Jun 20, 2025 04:19 am UTC| Business Economy
Brent crude prices dipped nearly $2 on Friday after the White House signaled a delay in deciding U.S. involvement in the escalating Israel-Iran conflict. Despite the decline, Brent remains on track for its third...

Asian Currencies Rise as Trump Delays Iran Strike Decision, Dollar Retreats
Jun 20, 2025 04:13 am UTC| Economy
Asian currencies gained on Friday as market risk sentiment improved after the White House announced President Donald Trump would delay any decision on military action against Iran for two weeks. The move helped ease fears...