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Iran ‘Will Always Believe’ They Control Hormuz
"We all know they can close it again." Iran now firmly believes it controls the Strait of Hormuz, former Deputy US Secretary of State Wendy Sherman says. (Source: Bloomberg)
Conflict in Middle East remains uncertainty factor — Bank of Russia
It will lead to inflation acceleration globally under the base case forecast of the Bank of Russia, Elvira Nabiullina said
US, EU Reach Critical Minerals Deal to Weaken China’s Grip
The US and European Union on Friday reached an agreement to coordinate on securing critical minerals and bolstering supply chains, in a move meant to reduce reliance on China for rare earths and permanent magnets.
Brewing Trader Joe's controversy: Customers allege they were misled about coffee's low caffeine
U.S. newsBrewing Trader Joe's controversy: Customers allege they were misled about coffee's low caffeineSome customers have sued over the store-branded French Roast Low Acid whole bean coffee, saying it has significantly less caffeine than customers are led to believe.Listen to this article with a free account00:0000:00A Trader Joe's grocery store in Washington, D.C. Al Drago / Getty Images fileShareAdd NBC News to GoogleApril 24, 2026, 10:59 AM EDTBy Gary GrumbachIs your cup of J...
Justice Department drops Jerome Powell investigation
U.S. Attorney Jeanine Pirro announced Friday that the Justice Department is dropping the investigation into Federal Reserve Chairman Jerome Powell.
Investments in Russian economy in 2026 to be comparable with last-year figures
The Bank of Russia lowered the key rate earlier today for the eighth time in a row, this time by 0.5 percentage point
IN BRIEF: Central Bank highlights on key rate policy and inflation
Inflationary risks have increased significantly in the Russian economy
Peter Mandelson is investigated by EU anti-fraud office
Peter Mandelson is investigated by EU anti-fraud officeThis story is developing, more to follow By PERKIN AMALARAJ, FOREIGN NEWS REPORTER Published: 15:48, 24 April 2026 | Updated: 15:53, 24 April 2026 e-mail View comments
Proinflationary risks growing in economy — Bank of Russia
Central Bank chief Elvira Nabiullina said the risks are related to the conflict in the Middle East and the possible changes in the budgetary policy
SNB Chief Economist Lenz to Retire, With Brown Set to Take Over
Swiss National Bank Chief Economist Carlos Lenz is set to retire at the end of the year and will be succeeded by Martin Brown, the current director of the central bank’s academic research institution.
Finma Says Immediate Mythos Access Would Pose Systemic Bank Risk
Switzerland’s top financial regulator said giving banks quick and easy access to Anthropic PBC’s artificial intelligence tool Mythos would create a severe risk for the country’s financial system.
DOJ Expected to Drop Powell Investigation: ABC
US Attorney Jeanine Pirro said in a social media post that she plans to drop her controversial investigation into building-renovation cost overruns by the Federal Reserve. Mike McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)
Europe has pumped 3 bcm of gas into UGS facilities for next winter
The European Commission requests EU members to make sure their UGS facilities are 90% full by November 1 of each year
Gazprom to create record gas reserves in UGS facilities by start of gas withdrawal season
The potential maximum daily capacity of Russia’s UGS facilities will remain at the same level as in previous years of 858.8 mln cubic meters
Inflation Fears Drive Consumer Sentiment to Record Low
The University of Michigan’s final April sentiment index dropped to 49.8 this month from 53.3 in March. While that was slightly improved from the preliminary reading, it remained the lowest in data back to 1978. Mike McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)
Internet blackout in Iran continues for nearly eight weeks - NetBlocks
It's now the 56th day of Iran's internet blackout
Why Our Labor Market Is Forever Changed
The US is not in a recession. So why is the labor market so weak? Bloomberg Opinion columnist Kathryn Anne Edwards says employer concentration is to blame. (Source: Bloomberg)
RBI revokes Paytm Payments Bank's banking licence
The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank Limited, effective April 24. The central bank cited violations of the Banking Regulation Act, including mismanagement and failure to protect depositor interests. The RBI will initiate winding-up proceedings, assuring depositors of full repayment.
Justice Dept. drops investigation into Federal Reserve and Jerome Powell
BREAKING NEWSApr. 24, 2026, 2:16 PM UTCEconomyEconomyJustice Dept. drops investigation into Federal Reserve and Jerome Powell The decision clears the way for Trump's nominee to chair the Fed, Kevin Warsh, to advance towards a confirmation vote in the Senate.Listen to this article with a free account00:0000:00President Donald Trump and Federal Reserve Chairman Jerome Powell during a visit to the Federal Reserve, in Washington, D.C., on July 24, 2025.Julia Demaree Nikhinson / AP fileShareAdd...
Island's inflation rate is 2.7%, new figures show
Island's inflation rate is 2.7%, new figures showJust nowShareSaveAdd as preferred on GoogleChloe ParkmanChannel IslandsDominic Lipinski/PA WireStatistics Jersey said there had been an 8.6% increase in the price of alcoholic drinks Jersey's retail price index (RPI), which is a key measure of inflation on the island, increased by 2.7% in the last year, new figures show. The increase over the 12 months to March 2026 is slightly down on the previous quarter's figure of 2.8%, with the...