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The estimated annual inflation rate for the Consumer Price Index (CPI) in June 2026 is 3.2%, according to the preliminary indicator published by the Spanish National Statistics Institute (INE). This indicator provides an advance estimate of the CPI, which, if confirmed, would mean that the annual rate remains stable, as this variation was also 3.2% in May. ...
Deserted streets and parks, closed schools and cancelled public events. The recent heatwave in Europe brought back memories of the pandemic lockdowns. This time, however, it wasnt a virus but record-breaking temperatures driving the disruption. European countries, including France, the UK, Switzerland and Germany, experienced their hottest days on record ...
From swissmacroandhistory.substack.com | 6 hr ago
Many investors believe that Kevin Warsh will quickly reshape the Federal Reserve. They worry that the changes will do more to please the Administration than to improve monetary policymaking. That concern is understandable. Warsh is a Trump appointment and investors worry that he is too close to the Administration. He is also not a professional economist, ...
NASA is racing to save an aging telescope from falling back to Earth with a daring rescue mission. The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver. NASA hired startup Katalyst Space Technologies to boost the Swift Observatory to a higher orbit where it can continue hunting for some of the ...
Were learning - with a lag - how countries in Asia navigated the oil shock. Countries with large stockpiles of oil allowed their imports of crude to fall, sitting out the shock on the reasonable expectation that the war would end soon. This describes China, but also lots of other countries in the region, including Japan and South Korea. The major outlier ...
From cnbc.com | 22 hr ago
U.S. online shoppers clawed for deals on electronics, appliances, items for children and everyday essentials during Amazon.coms annual sales event Prime Day, spending more than $26.4 billion from June 23 through June 26, according to data firm Adobe Analytics. The multibillion-dollar spend marks a 9.3% year-over-year increase that retail experts attribute ...
The International Monetary Fund's chief economist on Friday said Federal Reserve Chair Kevin Warsh's plan to reduce forward rate guidance on monetary policy was "entirely appropriate," although central banks would always need to provide some long-term guidance for markets. Pierre-Olivier Gourinchas, who leaves his post to return to academic life next week, ...
Federal Reserve Chairman Kevin Warsh has added two more key advisors as he seeks to remake how the central bank approaches its views on the economy and monetary policy, people familiar with the moves confirmed to CNBC. Though Warsh has talked about broad changes that need to be made at the Fed, he instead reached inside for these appointments, naming ...
CNBCs Rick Santelli breaks down the latest economic data to cross the tape
From dunham.com | Jun 26, 2026
By now, everyone is aware of the AI bubble boom. AI data centers. Trillion-dollar capex plans. NVIDIA chips sold out before they even release. Power companies stressed. Dead firms slapping AI in their name and soaring >100%. And every CEO on earth is suddenly claiming AI is central to the business. But the sheer scale of this buildout is still hard to wrap ...
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