US Treasury Secretary Bessent says he is optimistic that Federal Reserve Chair Jerome Powell will step down in the near term.

The U.S. is intensifying efforts to block Iran's oil trade with China as part of a strategy to cut off the country's primary financial lifeline.

The United States is increasing efforts to disrupt Iran's oil exports to China, targeting the country's primary source of revenue.

Federal Reserve official Neel Kashkari says the central bank may need to raise interest rates in some scenarios. The comments highlight potential shifts in monetary policy outlook.

Federal Reserve official Neel Kashkari stated that the central bank may need to increase interest rates under certain economic scenarios.

The departing Federal Reserve chair declines to remain on the board, citing concerns over President Trump's legal challenges to the central bank's operational independence.

The departing Federal Reserve chair has decided not to remain on the board, citing concerns over President Trump's legal challenges to the institution's operational structure.

Ethiopian PM Abiy Ahmed announces $10 billion export target for current fiscal year. The projected revenue marks a significant increase from less than $3 billion.

Ethiopian Prime Minister Abiy Ahmed announced the country is projected to generate $10 billion in export earnings this fiscal year, a significant increase from less than $3 billion.