U.S. shares ended Tuesday in negative territory as investors, cut off from official economic data due to the ongoing government shutdown, looked to alternative indicators and comments from Federal Reserve officials for guidance on economic weakness and monetary policy.
A consumer expectations survey from the New York Federal Reserve showed worsening future expectations and rising inflation projections, drawing heightened attention amid the government’s seventh day of closure.
Economically sensitive sectors, including homebuilding, real estate, airlines, and transport, underperformed the broader market.
Federal Reserve Governor Stephen Miran emphasised the need for continued rate cuts while warning of the risks of keeping policy too restrictive.
The S&P 500 fell 25.69 points, or 0.38%, to 6,714.59, the Nasdaq Composite lost 153.30 points, or 0.67%, to 22,788.36, and the Dow Jones Industrial Average dropped 91.99 points, or 0.20%, to 46,602.98.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffi...
New Zealand Prime Minister Christopher Luxon said on Monday that his party will introduce a bill to ban children under 16 from using social media. ...
Russia reported a major fire at an Ozon logistics hub in Krasnodar after a drone attack on Monday, while Ukraine’s President Volodymyr Zelens...
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
Azerbaijan and Uzbekistan have elevated bilateral ties with a Treaty on Eternal Friendship signed by Presidents Ilham Aliyev and Shavkat Mirziyoyev in Tashkent on 23 August. The leaders also agreed to expand trade, investment, transport, and regional cooperation.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 22nd of August, covering the latest developments.
AnewZ Business Europe, a new weekday programme, takes viewers inside companies driving growth and innovation across the continent, with Brickken CEO Edwin Mata joining the programme for its first episode with host Chief Global Editor Guy Shone. The show airs every Friday.
Once associated mainly with Muslim-majority countries, Islamic finance has become a global industry. Its assets reached around $5.98 trillion in 2024, according to ICD–LSEG, as more countries explore Shariah-compliant finance.
Fuel restrictions have returned to parts of Moscow and the surrounding region, adding another strain to Russia’s economy as refinery outages and rising imports weigh on the rouble.
Azerbaijan exported goods worth $17.372 million to Armenia between January and July 2026, according to data from the State Customs Committee, as commercial ties between the two South Caucasus neighbours showed signs of expansion.
Online fast-fashion platform Shein lost a London copyright lawsuit against rival Temu on Thursday over photographs used to promote some products.
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