Washington: The US Senate confirmed Kevin Warsh on Tuesday to serve as a member of the Federal Reserve Board of Governors, advancing President Donald Trump’s nominee closer to becoming the next head of the US central bank. The Senate voted 51-45 to co…
London: European stock markets closed lower Tuesday as investors weighed political turmoil in the UK and fading hopes for a swift resolution to the US-Iran war.
According to Anadolu Agency, the pan-European Stoxx Europe 600 index fell 1.01% to close…
Washington: The annual inflation rate in the US soared to its highest level since May 2023, hitting 3.8% in April, as officially reported on Tuesday. This increase surpasses market expectations, which were pegged at 3.7%, and reflects a significant ju…