The US will apply economic measures on Iran "that have never been seen," Treasury Secretary Scott Bessent said in an interview, describing a combination of economic isolation alongside the continued naval blockade of the Strait of Hormuz aimed at preventing goods from moving in …
Bitcoin fell below $63,000 on Friday as a delay in a planned government measure for tokenized securities offset optimism stemming from soft USInflationdata that reduced expectations for near-term Federal Reserve rate hikes. The world's largestCryptocurrencyfell 1.9% to $62,701.40 and was trading down more than …
A Democratic Senate primary contest in Michigan between Abdul El-Sayed and Haley Stevens has become a proxy fight between the party's younger, more pro-Palestinian wing and its older pro-Israel establishment. The race has drawn significantly more attention than other campaign issues, including economic policy, …
US Defense Secretary Pete Hegseth said Thursday that reports about poor conditions aboard the aircraft carrier USS Abraham Lincoln in the Middle East were "completely misrepresented." His remarks followed reporting from military-focused outlets Navy Times and Stars and Stripes describing suicide attempts and declining …
NATO fighters shot down a foreign drone over eastern Latvia's Balvi region on Friday, the country's armed forces said, in an incident authorities linked to Russian electromagnetic warfare. The aircraft, part of NATO's Baltic Air Policing mission, destroyed the drone after Latvia issued airspace …
Workday Inc. (NASDAQ:WDAY) shares jumped 18% after reports emerged that private equity firm Silver Lake is exploring a purchase of thePayrolland human resources software platform, lifting the company's market value to $51 billion from about $43 billion. The potential transaction, if completed, would rank …
France's Constitutional Council on Friday blocked a law passed by parliament in July that would have required all social media users to verify their age starting in 2027. The Paris-based court ruled that while protecting children's best interests could justify limiting access to social …
President Donald Trump on Friday urged Americans to accept slightly higher gasoline prices, framing the increase as the cost of preventing Iran from obtaining a nuclear weapon. Speaking at an event in Garden City, New York, Trump said Americans who have to "pay a …
China has repeatedly used its control over rare earth metals and magnets as a trade weapon, though some planned restrictions have been postponed. Rare earth magnets are essential components in civilian technology such as MRI machines and electric vehicles, as well as military hardware …
Seth Klarman's Baupost Group took a new position in Bill Ackman's recently listed asset management company, Pershing Square Inc. (NYSE:PSUS), valued at about $13 million as of June 30, according to a regulatory filing. The Boston-basedInvestmentfirm also established a new position in CME Group …