A trader works, as a screen broadcasts a news conference by US Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange in New York City, US, December 10, 2025. — ReutersQuarter-point cut takes rates to 3.5–3.75%…
Related Posts
Oil refining sector faces strain from rising global costs and policy risks
The LyondellBasell refinery, located near the Houston Ship Channel, is seen in Houston, Texas, US, May 5, 2019. — ReutersISLAMABAD: The oil refining sector is facing growing strain due to escalating global costs and uncertainty in policy, raising concerns among industry stakeholders…
Crude oil rockets to 4-year high as traders price in prolonged Iran blockade
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, US, June 9, 2016. — ReutersStrait of Hormuz concerns deepen, raising supply disruption fears.US Treasury yields hit one-month high amid…
US Supreme Court casts doubt on legality of Trump’s global tariffs
WASHINGTON: US Supreme Court justices raised doubts on Wednesday over the legality of President Donald Trump’s sweeping tariffs in a case with implications for the global economy that marks a major test of Trump’s powers.
Conservative and liberal justices alike sharply…