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*US STARTS SECTION 301 PROBE OF GERMANY OVER PHARMACEUTICALS
From bnnbloomberg.ca | 50 min ago
Prime Minister Mark Carney appears untroubled by U.S. President Donald Trumps recent claim that the United States would do better without the North American free trade pact. Carney says its no secret Trump isnt the biggest fan of free trade deals, but that doesnt mean the two countries cant make progress on trade issues. Trump made the comments ...
Trump: Oil is dropping like a rock
Instead of directing financial markets with its policy moves, Federal Reserve Chairman Kevin Warsh wants the markets to inform the central bank. "Financial market prices are probably the most important source of information to guide central bankers," Warsh said during a press conference on Wednesday. "But when all the financial markets are doing is ...
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for April 2026. The next release, which will report on data for May 2026, is scheduled for July 14, 2026. The sum total in April of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a net TIC inflow of $26.1 ...
Today, U.S. forces lifted the blockade on all maritime traffic entering and exiting Iranian ports and coastal areas, in accordance with the President's direction. American forces are not impeding the transit of vessels to or from Iranian ports on the Arabian Gulf and Gulf of
From zerohedge.com | 7 hr ago
As widely expected, the FOMC kept the target range for the federal funds rate unchanged at 3.50 3.75% and dropped its easing bias. However, this decision was announced in an unusually short statement. The decision was unanimous, with Miran who repeatedly dissented because he wanted to cut was replaced by Warsh. The press conference was a clear break ...
From pimco.com | 9 hr ago
The Federal Reserve held the policy rate steady at 3.50%3.75% at its June meeting an outcome that was never really in doubt. The more interesting signals came from the Summary of Economic Projections (SEP), the policy statement, and Chair Kevin Warshs first press conference, which may prove to be his most substantial. The statement was simplified and ...
The Conference Board Leading Economic Index® (LEI) for the US increased slightly by 0.1% in May 2026 to 99.3 (2016=100), following a 0.2% increase in April. After these two consecutive increases, the LEI is down just 0.3% over the six months between November 2025 and May 2026, a much smaller rate of decline than its 1.3% contraction over the previous six ...
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