US President Donald Trump was seemingly on the fence about getting involved in the Iran-Israel conflict – and then he suddenly took a gamble and carried out strikes against three of Iran’s nuclear facilities. His involvement and his pressure to ensure a ceasefire have been unpredictable and unprecedented. The BBC’s Bernd Debusmann lays out the … Read more
Traders work at the New York Stock Exchange on June 13, 2025. NYSE Global equities posted muted gains Tuesday, as investors digested U.S. President Donald Trump’s announcement of a ceasefire timeline between Iran and Israel, as well as growing signs of fatigue toward Trump’s policymaking. The MSCI World index, which tracks over a thousand large … Read more
[The stream is slated to start at 10a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers his semiannual monetary policy testimony to congressional leaders, starting Tuesday with an appearance before the House Financial Services Committee. In prepared remarks, Powell noted the … Read more
The U.S. has placed major chip export restrictions on Huawei and Chinese firms over the past few years. This has cut off companies’ access to critical semiconductors. Jaap Arriens | Nurphoto | Getty Images Taiwan has added China’s Huawei and SMIC to its trade blacklist in a move that further aligns it with U.S. trade … Read more