Supreme Court ruling could force Trump tariff refunds worth billions, warns Bessent
The Trump administration is facing a potential financial nightmare that could cost the Treasury massively in tariff refunds, depending on…
EchoStar surges on $17 billion spectrum deal with SpaceX; analysts say sale neutral
Shares of EchoStar jumped more than 17% on Monday after the telecommunications company unveiled a $17 billion deal with SpaceX…
Court upholds $83.3M verdict against Trump in Carroll defamation case
A federal appeals court on Monday upheld an $83.3 million jury award against US President Donald Trump for defaming writer…
Commodities wrap: oil rebounds after OPEC+ meet; gold rally continues
Crude oil prices rebounded on Monday after steep losses last week as OPEC+ announced smaller output cuts than previously anticipated. …
Argentina inflation seen picking up in August as peso pressures mount
Consumer prices in Argentina are projected to have risen 2.0% in August from the previous month, edging up from July’s…
Argentina markets plunge after Milei party suffers heavy defeat in local elections
Argentina’s markets tumbled on Monday after a major loss for President Javier Milei’s party to the Peronist opposition in local…
Europe bulletin: France’s political turmoil, big bank deals, and US-EU clamp down
European developments today highlight mounting political and economic tensions. France faces potential government collapse as Prime Minister Bayrou confronts a…
UK cabinet shake-up: Keir Starmer’s bold reset after Rayner’s resignation
Keir Starmer pulled off a major cabinet shake-up on Friday, trying to steady his government after Deputy Prime Minister Angela…
Morning brief: Trump’s Fed shortlist, US-EU tech tensions, Wall Street’s volatile week
A turbulent night across Washington, Brussels and Wall Street offered a snapshot of the political and economic crosscurrents shaping global…
Labour deputy leadership race opens following Angela Rayner’s resignation
Angela Rayner’s resignation as both deputy prime minister and deputy leader of the Labour Party has set off a high-stakes…