US imposes new sanctions on Iran’s ‘shadow fleet’ of oil tankers

The United States Federal Reserve has cut interest rates but signalled it will slow the pace at which borrowing costs fall any further, given a relatively stable unemployment rate and little recent improvement in inflation. “Economic activity has continued to expand at a solid pace” with an unemployment rate that “remains low” and inflation that…

President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, has announced that SoftBank will invest $100bn in the United States over the next four years in what would be a boost to the domestic economy. In a joint appearance with Son on Monday, Trump said that the investment would create 100,000 jobs…