Some of the late former U.S. Federal Reserve Chairman Alan Greenspan’s most noted attributes as a central banker as well as what proved his greatest blind spot are about to get a replay under new Chairman Kevin Warsh.
Global stocks were mixed on Monday — optimism over Middle East peace talks lifted Asia and Europe, while tech and interest-rate jitters weighed on Wall Street — as investors also absorbed the resignation of UK Prime Minister Keir Starmer and the death of former Fed Chair Alan Greenspan.
Shares of Russia’s state-owned energy giant Gazprom fell below 100 roubles ($1.35) on Monday for the first time since 2009, according to the data from the Moscow Exchange.
Airlines stand to save billions of dollars on jet fuel after an interim U.S.-Iran peace deal sent oil prices lower, but passengers are unlikely to see immediate relief as tight capacity may allow carriers to keep fares well above pre-war levels.
Ukraine’s military said it had hit a plant producing electronics for missiles in Russia’s border Voronezh region on Monday and the Russian region’s governor said five people were killed and dozens injured in the attack.
Disney-owned ABC said on Monday it was launching an on-air campaign encouraging viewers to show support for the network in its two ongoing battles with the U.S. government.
American allies of President Donald Trump this week defended him to an Israeli public anxious about a U.S. interim deal with Iran and White House criticism that together appeared to signal fissures in Israel’s decades-old alliance with Washington.
EV maker Lucid Group said on Monday it would cut about 18% of its U.S. workforce and announced COO Marc Winterhoff had left the company, marking its second major executive change in recent months as it tries to boost profitability amid growing competition.
U.S. copper futures have been treading water since early May, but don’t mistake stillness for stagnation. Beneath the surface, the chart is quietly building a case for a resumption of the metal’s long-running rally.