Explainer: why India’s central bank is clamping down on FX arbitrage
India’s central bank has moved to shore up the rupee with a sweeping set of emergency measures,like capping banks’ currency positions, and banning
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Dollar rises on safe-haven demand after Trump warns Iran still a risk
The dollar rose on Thursday after US President Donald Trump described Iran as acting “crazy,” tempering expectations for a swift ceasefire that had
Economy
Body found in Colombia amid search for missing U.S. flight attendant
Colombian officials discovered a body Friday amid the search for a U.S. flight attendant who went missing in the country last weekend. Subscribe
Economy
Trump says his ‘preference’ would be to ‘take the oil in Iran’
President Donald Trump said Sunday that he would like to “take the oil in Iran” and is considering seizing the export hub of
Economy
U.S. crude tops $100 and the S&P 500 approaches correction as Iran war enters second month
Global oil prices continued their recent climb and the S&P 500 closed lower Monday after a weekend when Iran-backed Houthi militants launched ballistic
Economy
The world economy is experiencing the most severe oil shock in decades. The worst could still be on the way.
Surging oil prices continue to ripple through the global economy because of the war with Iran. Now, some analysts say the worst could
Economy
Average U.S. gas price hits $4 for the first time since 2022
The average price of a gallon of gasoline hit $4 Tuesday for the first time since mid-2022, as the cost of oil surges
Economy
A global jet fuel shortage is raising the cost of air travel
American flyers still smarting from interminable airport security lines are about to get another shock. Subscribe to read this story ad-free Get unlimited
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US dollar set to fall? Energy shocks and policy risks raise doubts
The US dollar may be poised for a decline as elevated energy prices, domestic policy risks and a rising risk premium chip away
Investing
U.S. Indicts 10 Crypto Market-Making Executives in Major…
The U.S. Department of Justice has indicted ten executives and employees affiliated with four cryptocurrency market-making firms—Gotbit, Vortex, Antier, and Contrarian—on charges related