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29 headlines
FinanceBloomberg Markets2h ago

Suez Canal Gets Oil-Tanker Boost Amid Hormuz Strait Shutdown

The number of oil tankers crossing Egypt’s Suez Canal surged by almost a third in April and drove revenue to the highest since early 2024, as the closure of the Strait of Hormuz spurred an alternative Red Sea energy route.

FinanceBloomberg Markets15h ago

Equity Market Rotation Discussed Amid Rising Fed & Interest Rate Concerns

Baylor Lancaster-Samuel, Senior Vice President and Chief Investment Officer with Amerant Investments discusses the current phase of the equity market cycle. She discusses the recent rotation in equities over the past few weeks, driven by increasing attention to macroeconomic factors such as inte...

PoliticsGuardian US18h ago

Trump met House speaker amid pressure over surveillance law deadline

Section 702 renewal stalled amid dispute over Bill Pulte’s role as acting intelligence chief and leadership vacuum US politics live – latest updates Donald Trump met with the House speaker, Mike Johnson , at the White House on Tuesday as pressure mounts on the president to nominate a permanent di...

PoliticsThe Hill19h ago

Speaker Johnson meets with Trump amid FISA struggles over Pulte

Speaker Mike Johnson (R-La. ) is meeting with President Trump on Tuesday morning as Democratic outrage about Trump tapping Bill Pulte as the acting director of national intelligence endangers reauthorization of the nation’s foreign spy powers set to expire at the end of the week. On the way out ...

FinanceBloomberg Markets19h ago

Korean Won Resilience Amid Equity Outflows

Dayeon Hong, NATIXIS APAC Rates & FX Strategist, discussed the recent dynamics in South Korea's financial markets, highlighting the resilience of the Korean won despite significant equity sell-offs and foreign outflows. Government interventions and hedging by the National Pension Service have su...

PoliticsThe Hill20h ago

Watch live: House Democrats speak amid battle over FISA, Pulte

House Democratic leaders will speak with reporters Tuesday morning as their GOP counterparts are seeking to pass an extension of the nation’s warrantless spying powers ahead of a June 12 deadline. House Minority Leader Hakeem Jeffries (D-N. Y.

PoliticsThe Hill21h ago

Watch live: House Republicans give remarks amid FISA, reconciliation crunch

House Speaker Mike Johnson (R-La. ) and GOP leaders will speak with reporters Tuesday morning as time ticks down for Congress to pass its legislative priorities, including passing a long-term extension of the government’s warrantless spying powers and a spending bill to fund immigration enforceme...

WorldSCMP22h ago

US Chagos talks confirmed amid concerns over China’s expanding naval ambitions

US President Donald Trump’s administration is holding regular high-level discussions with Britain to secure the long-term future of the strategically important Diego Garcia military base in the Indian Ocean, a US official has told the South China Morning Post. The confirmation comes amid reports...