Economy

A federal appeals court previously ruled that the companies challenging the regulations lacked standing to sue.

Investors expect the next interest rate cut in September.

Beijing is now the third-largest holder of U.S. Treasury securities.

The cheap crude oil flow from Iran to China might be cut off as the conflict persists.

The United Kingdom was the second-largest holder of U.S. debt for the second straight month.

The Bank of England’s Monetary Policy Committee decided to keep rates unchanged at 4.25 percent.

Overall, investors have been reminded that geopolitical risks are almost always more bark than bite.

The U.S. central bank says the U.S. economy remains solid but the outlook has ‘diminished.’

Federal workers submitted fewer unemployment claims last week.

The rate of Consumer Prices Index inflation fell to 3.4 percent in May from 3.5 percent in April, the Office for National Statistics said.

‘Businesses have for the most part managed to absorb the cost of the new trade taxes,’ RSM economists said.

The report highlights a significant shift in Americans’ diets toward ultra-processed foods.

They allege that a federal law that the president invoked doesn’t actually allow him to issue the global tariffs.

Over the past four years, the U.S. housing industry faced challenges, such as high mortgage rates, limiting new home construction and sales.

Consumers did not stock up on products in May like they did in March and April.

Will it drive down UK standards or open a door for higher-quality U.S. products?

The blue-chip Dow Jones Industrial Average closed up by more than 300 points.

The high cost of living and traveling is cited as the top issue among those choosing a ‘staycation,’ according to the survey.

Analysis shows that more Americans are filing for retirement benefits earlier, which could hurt their long-term retirement security.

The luxury home furnishing retailer reported higher revenue for the first quarter of fiscal year 2025. Its stock price surged by nearly 7 percent on June 13.

A federal appeals court previously ruled that the companies challenging the regulations lacked standing to sue.

Investors expect the next interest rate cut in September.

Beijing is now the third-largest holder of U.S. Treasury securities.

The cheap crude oil flow from Iran to China might be cut off as the conflict persists.

The United Kingdom was the second-largest holder of U.S. debt for the second straight month.

The Bank of England’s Monetary Policy Committee decided to keep rates unchanged at 4.25 percent.

Overall, investors have been reminded that geopolitical risks are almost always more bark than bite.

The U.S. central bank says the U.S. economy remains solid but the outlook has ‘diminished.’

Federal workers submitted fewer unemployment claims last week.

The rate of Consumer Prices Index inflation fell to 3.4 percent in May from 3.5 percent in April, the Office for National Statistics said.

‘Businesses have for the most part managed to absorb the cost of the new trade taxes,’ RSM economists said.

The report highlights a significant shift in Americans’ diets toward ultra-processed foods.

They allege that a federal law that the president invoked doesn’t actually allow him to issue the global tariffs.

Over the past four years, the U.S. housing industry faced challenges, such as high mortgage rates, limiting new home construction and sales.

Consumers did not stock up on products in May like they did in March and April.

Will it drive down UK standards or open a door for higher-quality U.S. products?

The blue-chip Dow Jones Industrial Average closed up by more than 300 points.

The high cost of living and traveling is cited as the top issue among those choosing a ‘staycation,’ according to the survey.

Analysis shows that more Americans are filing for retirement benefits earlier, which could hurt their long-term retirement security.

The luxury home furnishing retailer reported higher revenue for the first quarter of fiscal year 2025. Its stock price surged by nearly 7 percent on June 13.