Markets, trade, and economic policy worldwide
Indonesia's central bank raised its benchmark interest rate by 25 basis points to 5.75%, as expected, according to Reuters.
Iran said ships that cross the Strait of Hormuz need its permission to pass the vital waterway, in a document that sets the stage for future tolling arrangements.
New Federal Reserve Chair Kevin Warsh has dropped forward guidance on rates, leaving traders pricing in a more than even chance of a hike in September or even July, as First American's Odeta Kushi warned the shift could trigger short-term market swings.
The US dollar reached a 13-month high following Warsh's hawkish debut; historical patterns suggest the rally may persist.
Funds managed by Pimco made a $2 billion bet on Colombia's local government debt last month, ahead of the first round of a presidential election likely to reshape the nation's economic model.
Vance said that 12.5 million barrels of oil were moved overnight concerning Iran.
China's removal of tariffs on African goods and a surge in trade are encouraging wider use of the yuan.
Spot silver falls nearly 3% to $65.98 per ounce.
Casella Waste signs $20 million master lease agreement with Huntington National Bank.
In his debut as chairman, Kevin Warsh removed the Federal Reserve's policy guidance and pledged to bring inflation down, but declined to specify what measures that would require.
Accenture's shares dropped to their lowest level since 2017 amid growing concerns about the threat posed by artificial intelligence.
German Chancellor Merz: We cannot have new European debt.
Kroger shares fell on a downbeat forecast, while Intel surged in premarket trading on news the chipmaker will work with Apple.
CBS reports that Kushner-backed Albania development plans reveal an 800-room luxury destination featuring a resort, casino, golf course, and water park.