The gains came even as oil prices have eased recently after the U.S. and Iran signed an interim peace deal on Wednesday.
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Dollar Rises to One-Year High on Increased Prospects of Higher U.S. Interest Rates
China Moves to Boost the Use of Yuan Globally
Chinese authorities rolled out more measures to promote the use of the yuan globally, their latest effort to build more resilient financial infrastructure to shield […]
U.S. Trade Deficit Nearly Flat in April
America’s trade deficit was close to unchanged in April, adding to evidence that the Trump administration’s tariffs have done little to rebalance the U.S.’s trade […]
The Senate confirmed Kevin Warsh as the Fed’s new chair on Wednesday in a party-line vote that reflected how tensions with the White House have dragged the Fed deeper into the political fray
The divided vote signals the challenge ahead for Warsh, who faces a Fed committee skeptical of the rate cuts President Trump has demanded. Source link