U.S. Treasury Secretary denounces Federal Reserve Governor Jerome Powell's decision to remain in office. The statement marks a significant public rift between the administration and the central bank leadership.

Ford Motor expects to collect $1.3 billion in U.S. government refunds for tariffs previously imposed by the Trump administration.

Ford Motor Company announced it expects to receive $1.3 billion in U.S. government refunds following a determination regarding tariffs previously imposed by the Trump administration.

Federal Reserve Chair Powell projects U.S. economic growth above 2% this year, citing resilient consumer spending and data center investment despite energy shocks from the Iran war.

Federal Reserve Chair Powell stated that the U.S. economy continues to expand at a solid pace despite energy shocks from the Iran war, projecting growth above 2% this year driven by consumer spending and data center investment.

Indonesia rupiah weakens to record low of 17,360 per dollar at open.

Indonesia's rupiah weakened to a record low of 17,360 per US dollar at the market open.

China's factory activity worsened less than forecast, staying in expansion amid Iran war supply chain disruptions.

China’s factory activity worsened less than forecast, remaining in expansion even as disruptions to supply chains and rising input costs caused by the Iran war reverberate around the world