As tensions escalate between Israel and Iran, fears rise over potential Iranian action to close the Strait of Hormuz, a critical oil passageway. The implications for global oil prices and the economy could be profound.
As investors gear up for the trading week, the U.S. bombing of Iran's nuclear sites sends shockwaves through the market. Discover key stories and insights that could shape your investment strategies!
US Secretary of State Marco Rubio has called on China to intervene as Iran considers closing the critical Strait of Hormuz, a move that could drastically impact global oil prices and economies.
In a dramatic response to U.S. airstrikes on its nuclear sites, Iran's Parliament has voted to close the critical Strait of Hormuz, raising fears of a global oil crisis. The final decision rests with the Supreme National Security Council, as tensions escalate.
Fred Smith, the founder of FedEx, has died at 80, leaving behind a legacy of revolutionizing the express delivery industry and impacting the global economy.
In southern Colorado's San Luis Valley, leaders express deep concern over proposed Medicaid cuts that could cripple health care access for thousands. With the region's economy intertwined with Medicaid funding, the potential fallout could be devastating for families and local businesses.
The Federal Reserve has decided to keep interest rates steady, citing inflation risks and the impact of trade wars. Discover how this affects your finances and what to expect in the coming months.
The U.S. boasts 23.8 million millionaires, with over a thousand new millionaires created daily. Despite recent market challenges, experts believe American wealth growth may continue. Discover how global trends are impacting millionaire populations.
Russia's economy is facing a potential recession, warns Economy Minister Maxim Reshetnikov at the St. Petersburg International Economic Forum. Despite current growth, inflation and lack of investment pose significant threats.
House Republicans' spending bill and rising tariffs may slightly reduce the budget deficit, but experts warn of an unsustainable debt trajectory. With the national debt nearing $36 trillion, tough fiscal decisions loom on the horizon.
