The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic ...

First today, Republicans in the Senate narrowly passed US President Donald Trump 's new “mega” bill on tax and spending, ...

Fears that Iran will block the flow of 20 percent of the world's oil through the Straits of Hormuz has investors on edge.

Donald Trump is not Ukraine’s friend, despite his new minerals partnership with the country. At times the U.S. president has undermined Kyiv in its war with Russia — for example, by ...

Compared to last year, economic realities have changed significantly. The latest UBS survey clearly shows how profoundly ...

The Bloomberg Economics baseline forecast shows the new scenario for a higher Fed Funds Rate. The shock has lifted the ...

A map below, produced by Newsweek, outlines other countries which are known to keep gold at the Federal Reserve. Illustrative image from 2020 shows sold bullion bars at the ABC Refinery in Sydney.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Here’s what else you need to know to Get Up to Speed and On with Your Day.. 1. Federal agencies. Dozens of federal workers gathered in Washington, DC, on Tuesday to protest for their jobs amid ...

MSNBC host Lawrence O’Donnell laid into President Donald Trump for suggesting he should nominate himself as chair of the Federal Reserve, claiming Trump’s comment was “indicative of dementia.“ ...

Ramirez sees the Federal Reserve as the pin in the grenade preventing economic ... budget impact, Ukraine drone strikes; Editorial cartoons for June 1, 2025: Trump vs. Harvard, GOP budget, Musk ...

Gold rates rose in the domestic futures market due to heightened tensions between Russia and Ukraine, along with Trump's threats of increased tariffs on steel and aluminium.