The Central Bank of Iran released new official exchange rates showing depreciation in most foreign currencies against the rial, with only two currencies gaining value compared to the previous day.
Gold and silver prices fell as fresh US military strikes on Iran intensified geopolitical uncertainty, pushing crude oil prices higher in global markets.
Federal Reserve Governor Christopher Waller highlighted how rigid forward guidance in 2020 slowed the Fed’s reaction to rising inflation, complicating monetary policy efforts.
The Nasdaq closed sharply lower, dragged down by major chipmakers’ declines after a blockbuster earnings report failed to ease investor doubts about AI-driven rally sustainability.
The Indian government plans to increase research and development spending to 2 percent of GDP and invites private companies to access a new Rs 1 lakh crore innovation fund supporting advanced technology projects.
Walmart plans significant price reductions on various products, including ground beef, as part of America’s 250th celebration, prompted by a request from President Trump.
Black unemployment in New York City surpasses national figures, reflecting increased job competition, corporate layoffs, and a retreat from diversity initiatives that disproportionately impact Black workers.
Leading US companies and financial leaders endorse the Trump Accounts program, pledging billions to expand stock ownership and financial education for children nationwide.
Iran's Central Bank announced new official exchange rates, with a mixed trend as some currencies strengthened while others weakened against the rial on July 7.
As Australian house prices begin to decline, experts warn of potential impacts on household spending, construction activity, and overall economic momentum.
Leading US banks are reportedly in early talks to buy a debit card network, potentially bypassing federal fee limits and reshaping debit card economics.
A Federal Reserve draft paper shows unauthorized immigration played a role in rising U.S. housing costs, attributing about 30% of price growth in impacted markets to this factor.