The quarter percentage point move takes the federal funds rate to a target range of 5.25%-5.5%. International: Top News And Analysis
Oil prices are set to rise in the second half of the year, as supply struggles to meet demand, according to an International Energy Forum official. International: Top News...
There’s a potential for Chinese President Xi Jinping to visit the U.S. later this year for the APEC summit, and possibly meet with Joe Biden during that time. International:...
There was a “very clear message from the U.S. side, you went too far,” a senior diplomat who attended the meetings in Lithuania told CNBC. International: Top News...
For foreign businesses in China, geopolitics hold more sway than new Chinese laws, analysts say. International: Top News And Analysis
Starting Aug. 1, companies in China that want to export two metals used in semiconductor manufacturing would need to apply for licenses. International: Top News And Analysis
“We have to acknowledge that … the pace of change in that machinery has put us into slightly uncharted territory,” one analyst said. International: Top News And Analysis
Japan, Malaysia and China officials have taken steps to push back this week against bets that have dragged their currencies to multi-month lows. International: Top News And Analysis
The corporate default rate is up and rising as interest rates remain elevated, making it more expensive for companies to refinance debt. International: Top News And Analysis
U.K. inflation came in hotter than expected in May as consumer prices rose by an annual 8.7%, unchanged from the previous month. International: Top News And Analysis