The Federal Reserve held rates at 3.75% to 4% on a 10-2 vote, with Lisa Cook and Beth Hammack wanting a hike. Chairman Kevin Warsh then said one 2027 meeting will carry no rate vote or statement, and the details
The US added just 57,000 jobs in June, less than half the 110,000 economists expected, as leisure and hospitality shed 61,000 positions despite the US hosting World Cup group-stage matches. The unemployment
The Bureau of Labor Statistics reported 57,000 new nonfarm payroll jobs in June, the weakest monthly gain in more than a year, as leisure and hospitality shed 61,000 workers during what should
Dubai consumer prices rose 5.5 percent in May, fastest since before the pandemic, driven by Iran war petrol costs and persistent housing pressure. Emirates NBD expects inflation to moderate to 2.9 percent
Kevin Warsh made his first appearance on the global stage as Federal Reserve Chair at the ECB's Sintra forum on Wednesday, declining to hint at a July rate move while joining Christine
Cal-Maine Foods, Versova and Hickman's Egg Ranch will pay $3.3 million and donate 53 million eggs to settle DOJ and state allegations that they rigged the price index behind America's record egg
Eurozone inflation fell to 2.8% in June 2026, well below the 3.2% reading in May and under analyst expectations, as energy prices retreated sharply. The data all but removes a July ECB
Kevin Warsh made his first appearance on the global stage as Federal Reserve Chair at the ECB's Sintra forum on Wednesday, declining to hint at a July rate move while joining Christine
Eurozone inflation fell to 2.8% in June 2026, well below the 3.2% reading in May and under analyst expectations, as energy prices retreated sharply. The data all but removes a July ECB
Treasury Secretary Bessent is betting economic growth will stabilize Social Security before the 2032 trust fund depletion, resisting bipartisan Senate calls to lift the payroll tax cap. The administration's own HHS secretary,
Alan Greenspan, who ran the Federal Reserve for nearly two decades and let the 1990s technology boom run without raising rates, died at 100 last week. His death arrived just as new
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