Finance news

Americans are feeling inflation's pinch into the holiday weekend. Here's where prices are rising the most

Prices related to travel, recreation and food saw particularly steep increases, stretching Americans' wallets as they celebrate the unofficial start of summer.

Why the largest-ever US-Philippine drill, and Japan’s role in it, is making China uneasy

A US and Philippine-led military drill seen as targeting China grew this year into the largest yet, prompting Chinese experts to warn that the annual event will exacerbate regional instability amid heightened tensions in the Indo-Pacific. The decades-old drill called Balikatan, which means shoulder to shoulder, reached record highs in terms of scale, scope of participation and training complexity this year, according to a report published by the South China Sea Strategic Situation Probing...

Why Sara Duterte is changing her tone on Philippines’ South China Sea conflict

Philippine Vice-President Sara Duterte-Carpio has twice in recent weeks urged the country’s armed forces to defend its sovereignty, in a carefully calibrated attempt to sound more assertive on the South China Sea issue without directly challenging Beijing, according to analysts. While Duterte-Carpio did not name China, her repeated calls marked a tonal shift from her earlier approach, when she either avoided the issue or warned against letting it define Manila’s broader relationship with...

SpaceX launches its biggest, most beefed-up Starship yet on a test flight - AP News

SpaceX launches its biggest, most beefed-up Starship yet on a test flight AP News

Argentina: 2026 Article IV Consultation, Second Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for a Waiver of Nonobservance of a Performance Criterion, Modification of Performance Criteria, and Financing Assurances - International Monetary Fund | IMF

Argentina: 2026 Article IV Consultation, Second Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for a Waiver of Nonobservance of a Performance Criterion, Modification of Performance Criteria, and Financing Assurances International Monetary Fund | IMF

Wie würdet ihr 500.000 € Cash investieren und davon leben, die über 10 Jahre mit hochriskantem Derivate-Trading aufgebaut wurden?

Wie der Titel schon sagt: Ich bin 47M, lebe aktuell in DE und verdiene ca. 40.000 € netto im Jahr, wovon ich ungefähr die Hälfte spare. Keine Kinder, keine Schulden. Ehrlich gesagt bin ich langsam ziemlich müde vom Corporate-Leben. Parallel dazu habe ich die letzten 10 Jahre aktiv mit hochriskanten Derivaten/day trading gehandelt und dabei insgesamt rund 500.000 € Cash aufgebaut. Jetzt möchte ich langsam runterfahren, aus diesem Stress + Job Stress raus, und überlege ich ernsthaft, den Schritt R

The $10 Trillion Fault Line: What a Chinese Attack on Taiwan Would Do to the World Economy

From shattered semiconductor supply chains to global recession, a conflict in the Taiwan Strait would deliver an economic shock unlike anything since World War II — and the world is not ready. That is not a worst-case fringe estimate. It is the mainstream consensus emerging from the Federal Reserve, the Pentagon, the Council on Foreign Relations, and every major economic research house that has stress-tested this scenario. submitted by /u/Aulipe [link] [comments]

Kevin Warsh: Trump ally at the Federal Reserve?

Never before has a chair of the US Federal Reserve been so controversial. Who is Kevin Warsh? Can he preserve the Fed's independence, or will he become Donald Trump's puppet?

Trump skipping wedding of son Donald Jr. to Bettina Anderson

Donald Trump Jr. was previously married to Vanessa Trump, with whom he has five children. She disclosed this week that she has breast cancer.

All-female Senate delegation sets off for High North amid growing military tensions

The itinerary is set to include briefings at Pituffik Space Base in Greenland on Arctic defense and strategic competition in the region.

Kevin Warsh takes oath of office as chairman and a member of the Board of Governors of the Federal Reserve System, and the Federal Open Market Committee unanimously selects Warsh as its chairman

Kevin Warsh takes oath of office as chairman and a member of the Board of Governors of the Federal Reserve System, and the Federal Open Market Committee unanimously selects Warsh as its chairman

Agencies publish resolution plan feedback letters for certain domestic and foreign banking organizations

Agencies publish resolution plan feedback letters for certain domestic and foreign banking organizations

ECB rebuffs proposals to boost euro stablecoins as too risky - Reuters

ECB rebuffs proposals to boost euro stablecoins as too risky Reuters

Ex-judges sound alarm about feds ‘micromanaging’ immigration courts - AP News

Ex-judges sound alarm about feds ‘micromanaging’ immigration courts AP News

Kevin Warsh's real Fed 'regime change' may happen deep inside Wall Street's plumbing

Warsh could guide to a smaller role in day-to-day markets, while also setting clearer rules for how and when it should intervene.

US or Iran: Who will win the Hormuz endurance game?

Tehran is betting that its sanctions‑hardened economy can outlast the Strait of Hormuz crisis. Washington, meanwhile, is contending with elevated oil prices, renewed inflation pressure and rising global recession risks.

Warsh is sworn in as the Fed chair after Trump's bid for greater control over the independent bank - AP News

Warsh is sworn in as the Fed chair after Trump's bid for greater control over the independent bank AP News

Donald Trump vereidigt Kevin Warsh als neuen Notenbankchef

Der neue Fed-Chef hat Im Weißen Haus, in Gegenwart von US-Präsident Donald Trump, seinen Amtseid abgelegt – und große Ambitionen verkündet.

Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries

Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.

Fed's Waller's ready to axe 'easing bias,' says rate-cut talk now is 'crazy' - Reuters

Fed's Waller's ready to axe 'easing bias,' says rate-cut talk now is 'crazy' Reuters

EU Warns Energy Prices Will Stay Elevated Through 2027

Top EU officials said Friday that oil and gas prices are expected to remain elevated through at least the end of 2027, with the fallout from the Iran war likely to keep pressure on inflation and economic growth. Speaking after a meeting of eurozone finance ministers in Cyprus on Friday, EU Economy Commissioner Valdis Dombrovskis said higher energy costs are now expected to drive inflation to 3.1% this year and 2.4% in 2027—well above the bloc’s earlier forecast of 1.9% for this year. The concern

Barry Eichengreen and Chima Simpson-Bell on Currencies that Shine - International Monetary Fund | IMF

Barry Eichengreen and Chima Simpson-Bell on Currencies that Shine International Monetary Fund | IMF

Iran Is Tightening Its Grip on the Strait of Hormuz

Shortly after the outbreak of the war with the United States and Israel, Iran took control of the Strait of Hormuz, a key artery for global oil and gas supplies. By threatening and attacking international shipping, Iran brought maritime traffic to a virtual standstill, giving it significant leverage over its neighbors in the Persian Gulf and the global economy. Now, the Islamic Republic is formalizing its dominance over the strategic chokepoint by imposing a new transit regime. That is despite r

Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)

Euro-Geldpolitik: Wie die EZB abhängig wird

„Nicht alle Deutschen glauben an Gott, aber alle an die Bundesbank.“ Über die Europäische Zentralbank sind solche Bonmots nicht bekannt. Denn die EZB verzettelt sich – zum Schaden der Euro-Europäer.

Inflation: EZB-Chefin Lagarde warnt vor üppigen Energiehilfen

Sollten die Euroländer ihre Ausgaben im Kampf gegen die Energiekrise zu stark ausweiten, werde die Europäische Zentralbank die Zinsen anheben, warnte Christine Lagarde. Die Präsidentin forderte die Mitgliedstaaten auf, die Maßnahmen nur befristet, zielgerichtet und maßgeschneidert einzusetzen.

IMF Executive Board Concludes 2026 Article IV Consultation Discussions with the People’s Republic of China—Hong Kong Special Administrative Region - International Monetary Fund | IMF

IMF Executive Board Concludes 2026 Article IV Consultation Discussions with the People’s Republic of China—Hong Kong Special Administrative Region International Monetary Fund | IMF

Major US bank JP Morgan goes after customers in the German market

The US bank JP Morgan Chase wants to shake up the German retail market - with the entry-level offer of four percent interest on overnight money. What is behind it and what to think of it. By Lilli-Marie Hiltscher.

IMF Executive Board Concludes 2026 Article IV Consultation with Spain - International Monetary Fund | IMF

IMF Executive Board Concludes 2026 Article IV Consultation with Spain International Monetary Fund | IMF

Spain: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Spain - International Monetary Fund | IMF

Spain: 2026 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Spain International Monetary Fund | IMF