President Donald Trump said on Monday that the United States would reinstate its naval blockade of Iranian ships and charge a 20% fee on cargo passing through the Strait of Hormuz, marking a major escalation in Washington’s response to renewed conflict with Iran.The announcement came hours after another round of…
South Korea’s dominance in artificial intelligence memory chips is no longer just driving stock market gains.The country’s semiconductor boom…
The number of Americans filing new applications for unemployment benefits declined last week, pointing to continued resilience in the…
US President Donald Trump has reignited his long-running dispute with Spain by threatening to cut off trade with the…
Federal Reserve officials were divided over the future direction of interest rates at their June policy meeting, with policymakers…
Britain has had six prime ministers in under a decade, yet financial markets have grown remarkably unfazed by the…
British house prices increased by 0.2% in June, marking the first monthly rise in four months, while annual growth…
The European Central Bank has given eurozone banks four months to develop plans aimed at countering artificial intelligence (AI)-enabled…
The Bank of England has warned that artificial intelligence is emerging as a growing threat to financial stability, citing…