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The primary land crossing between Kuwait and Iraq has reopened, facilitating improved trade dynamics in the region. This development is significant for investors, as it enhances the prospects for economic collaboration, particularly in sectors reliant on cross-border trade.[CTA: Join our daily market newsletter]Key HighlightsThe …
An Israeli air strike has killed a senior Hamas security personnel in Gaza, heightening tensions in the region. Investor concerns over increased conflict may lead to volatility in Middle Eastern markets and commodities, specifically oil.[CTA: Join our daily market newsletter]Key HighlightsAn air strike has …
Brazil has recalled its ambassador to Argentina following Javier Milei's criticism of President Lula. This move is likely to strain diplomatic relations between the two countries, affecting regional trade and economic cooperation.[CTA: Subscribe to our healthcare & biotech alerts]Key HighlightsBrazil recalled its ambassador to …
The S&P 500 fell Monday as a plunge in chip stocks negated an earlier rally sparked by a decline in global oil prices. The broad market index was last down 0.1 percent, while the Nasdaq Composite slipped 0.2 percent, even as the Dow Jones …
Stocks rallied early Monday as oil prices declined amid a pause in fighting between the US and Iran over the weekend. The Dow Jones Industrial Average traded 578 points higher, or 1.1 percent, while the S&P 500 climbed 0.8 percent and the Nasdaq Composite …
New orders for US manufactured durable goods increased 0.3 percent month over month to $334.8 billion in June 2026, according to Census Bureau data, rebounding from a revised 4.0 percent slump in May but coming in much lower than forecasts of a 1.6 percent …
President Trump halted a two-week bombing campaign against Iran over the weekend, a decision a US official said reflected advice from military commanders who reported running out of viable targets after 13 successive nights of strikes. The pause followed intensified bombing that had provoked …
Ship traffic through the Bab el-Mandeb strait fell on Sunday after Yemeni Houthi forces attacked Saudi oil installations along the Red Sea coast, while transit through the Strait of Hormuz remained thin over the weekend, according to shipping data from Kpler released Monday. Eleven …
Two US small businesses filed a lawsuit in the US Court of International Trade challenging President Trump's latest round of tariffs on goods from 60 trading partners, arguing that the new policy, like most of Trump's previous tariffs, exceeds the president's authority to tax …
Tariffs have remained one of President Trump's primary economic tools since returning to the White House, with the administration arguing that these import taxes boost US manufacturing, create jobs, and correct trade imbalances with countries that sell more to the US than they buy …
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