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Economy

Kevin Warsh sworn in as Fed chair amid Trump pressure

Kevin Warsh's Fed chair swearing-in formalises the central-bank handover as traders weigh inflation pressure and White House demands for lower rates.

By Helena Brandt
Commodities

Oil stockpiles draw down at record 8.7M barrels a day: Goldman Sachs

Oil stockpiles are drawing down at a record 8.7 million barrels a day, Goldman Sachs said, as the Iran war keeps Strait of Hormuz flows at 5% of normal.

By Reza Najjar
Regulation

Fed Opens Crypto Master Account to Public Comment After Trump Order

The Federal Reserve opened a 60-day comment period on a new payment account tier for crypto and fintech firms, acting within 48 hours of Trump's May 19 executive order. The proposal could give exchanges and stablecoin issuers direct access to the Fed's settlement rails for the first time.

By Tomás Iglesias
Economy

Fed Minutes: Rate Hikes Ahead If Inflation Persists

A majority of Fed officials are open to rate hikes if inflation persists, FOMC minutes show, handing Kevin Warsh a hawkish committee days before his swearing-in.

By Helena Brandt
Markets

EU-US trade pact cuts tariff risk for autos, exports

EU-US trade pact clears a key hurdle, lowering the risk of new Trump tariffs on autos and exports and giving markets a cleaner read on trade flows.

By Helena Brandt
Economy

Fed rate cuts 2026: Reuters poll points to longer hold

Fed rate cuts 2026 look less likely as a Reuters poll, firmer inflation forecasts and higher Treasury yields push markets to price a longer hold.

By Sloane Carrington
Regulation

Trump orders Fed review of crypto payment-rail access

Crypto payment-rail access moved back into the Fed debate after Trump ordered a review of rules shaping how banks and crypto firms connect to payment services.

By Tomás Iglesias
Crypto

AI Financial flags going-concern risk after $271.5m WLFI loss

AI Financial's going-concern warning followed a $271.5 million WLFI-driven loss, showing how locked tokens and thin cash can strain a listed balance sheet.

By Caleb Mwangi
Commodities

Oil drops as Trump delays Iran strike, easing Hormuz fears

Crude fell after Donald Trump said he had postponed a planned strike on Iran, easing immediate fears of a supply shock through the Strait of Hormuz.

By Reza Najjar
Markets

Korean volatility is becoming Asia's clearest foreign-flow warning

Foreign investors sold $13.2 billion of Korean equities in a week, pushing Kospi volatility toward crisis-era territory and turning Seoul into a live test of how quickly Asia risk appetite can crack.

By Sloane Carrington
Markets

Nifty 50 drops 1.3% as oil surge hits rupee, Indian shares

Nifty 50 drops 1.3% as Brent tops $111, weakening the rupee and showing how a Middle East oil shock is hitting Indian equities.

By Avery Lin
Economy

Senate confirms Warsh as Fed chair, sharpens rate repricing

Kevin Warsh's Senate confirmation gives investors a real-time policy transition to price as sticky inflation and fading cut bets reshape the 2026 rates path.

By Helena Brandt
Markets

Trump-Xi trade pledges leave markets parsing tariff relief

U.S. and Chinese readouts from the Trump-Xi summit offered different takes on soybeans, rare earths and tariff cuts, leaving markets waiting for details.

By Avery Lin
Commodities

Trump ends Russian oil waiver as Hormuz risk tightens crude market

Washington let a one-month waiver on some Russian seaborne crude purchases lapse just as Strait of Hormuz disruptions made marginal barrels more valuable.

By Reza Najjar
Markets

Trump's China summit drags Taiwan chip risk into the AI trade

Trump advisers' warning on Taiwan matters for markets because TSMC still anchors the advanced-chip capacity behind the AI trade despite US reshoring.

By Sloane Carrington
Commodities

China and US use supply channels to contain Middle East oil shock

China's 3.6 million bpd import cut and a 3.5 million bpd U.S. export surge blunted the Gulf shock, easing pressure on oil, inflation and yields.

By Reza Najjar
Economy

Kevin Warsh walks into the Fed's biggest family fight in 34 years

Kevin Warsh takes over as Fed chair with inflation at 3.8%, the FOMC split 8-4 on rate policy, and markets pricing a 51% chance of a rate hike by December.

By Sloane Carrington
Commodities

Russian oil waiver expiry adds fresh supply risk to crude

Warren and Shaheen want Treasury to let a Russian oil sanctions waiver expire, setting up a test of how far Washington will push enforcement when crude supply and inflation risk remain sensitive.

By Reza Najjar
Economy

Powell exits with an inflation scar as Warsh inherits a repriced Fed

Powell preserved the Fed's independence but not its inflation record. Warsh now inherits a central bank facing repriced rate expectations and less room for error.

By Sloane Carrington
Regulation

Trump crypto rollback shifts oversight away from state regulators

State regulators have long handled crypto complaints and licensing. A federal shift could simplify compliance for large firms while thinning consumer-protection backstops.

By Tomás Iglesias
Economy

Trump gas-tax holiday would barely offset an oil shock at the pump

A federal gas-tax holiday could trim only pennies from a $4.50 gallon while an Iran-driven oil shock keeps the bigger price pressures in crude, freight and refining.

By Helena Brandt
Banking

Wall Street chiefs use Beijing trip to test China access

Citigroup and Goldman Sachs executives used Beijing meetings during Donald Trump's China visit to press the market-access case, underscoring how diplomacy and cross-border finance remain tightly linked.

By Naomi Voss
Regulation

Trump trust Coinbase buys sharpen crypto conflict questions in Washington

Ethics filings showed Donald Trump's family trust bought Coinbase, Strategy and other crypto-linked stocks in Q1, sharpening conflict questions around a friendlier policy tone in Washington.

By Tomás Iglesias
Regulation

House panel presses Trump to fill CFTC as crypto agenda grows

House Agriculture leaders pressed Donald Trump to fill four empty CFTC seats as the agency's role in crypto market structure and prediction markets widens.

By Tomás Iglesias
Regulation

Trump trade disclosures turn ethics into a market-trust test

A filing showing thousands of trades in an account held in Donald Trump's name sharpens the case that disclosure rules are lagging modern market-moving politics.

By Sloane Carrington