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BRICS Summit
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Iran's President and Abu Dhabi's Crown Prince held their first highest-level talks since the conflict erupted at the BRICS summit, with both sides supporting calls for restraint.
Iranian President Masoud Pezeshkian and Abu Dhabi Crown Prince Khaled bin Mohamed Al Nahyan held their first high-level talks since the conflict began, on the sidelines of the BRICS summit. Both parti
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Iran's President and Abu Dhabi's Crown Prince held their first highest-level talks since the conflict erupted at the BRICS summit, with both sides supporting calls for restraint.
Iranian President Masoud Pezeshkian and Abu Dhabi Crown Prince Khaled bin Mohamed Al Nahyan held their first high-level talks since the conflict began, on the sidelines of the BRICS summit. Both parti
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BRICS Summit
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Former Alameda CEO Caroline Ellison joins nonprofit charity Manifund
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Analysts expect the Federal Reserve to raise interest rates by 25 basis points each in September, October, and December, for a total of three hikes, pushing the federal funds rate to 4.25%-4.5%.
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U.S. Treasury: The deficit for the first 11 months of fiscal year 2026 reached $1.97 trillion, with net interest expenses exceeding $1 trillion for the first time, and long-term U.S. Treasury yields rising to multi-year highs.
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Nick Timiraos quotes Goldman Sachs: The firm is reluctant to change its call, seeing no strong economic case for a rate hike and a less clear-cut Fed decision than market pricing implies.
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