Inflation in the US likely continued to soften in June but a key measure of underlying price pressures is still running at an uncomfortable pace that keeps the Federal Reserve tilted toward resuming interest-rate hikes this month.
Greek Prime Minister Kyriakos Mitsotakis won parliamentary backing for his government’s agenda, clearing a four-year path for improving the economy and reforming the country.
Worried that the dreaded inversion of the Treasury yield curve will lay out traps for your bond portfolio in the coming months? Perhaps worry less.
Turkey violated existing agreements after it returned five commanders of the Azov regiment to Ukraine, Kremlin spokesman Dmitry Peskov told RIA Novosti.
Iowa Republicans scheduled the party’s caucuses for Jan. 15, setting a key date in the 2024 presidential race and solidifying the state’s influential first-in-the-nation status at least for one party.
US Treasury Secretary Janet Yellen held five hours of talks with Chinese Vice Premier He Lifeng in Beijing, the first in-depth exchange between the nations’ top economic policymakers as they seek to dial back strains in the relationship.
Ukrainian military intelligence warned again on the risk of Russian sabotage to the occupied Zaporizhzhia nuclear power plant in southern Ukraine, saying in a report that “mines and explosives are currently being delivered” to the site. The UN’s atomic watchdog said Friday it’s seen no “visible indications of mines or explosives” in areas it has been allowed to view, while pushing for greater access.
Ukraine welcomed the US decision to provide cluster munitions, with Defense Minister Oleksii Reznikov outlining “five key principles” that he said would govern the use of the controversial weapons.
Stocks rallied when they were forecast to tumble, expected bond gains fizzled, and the recession never came. Now what?
Crypto enthusiasts are hopeful that a once-in-four-years event which rewrites the underlying code of the world’s biggest cryptocurrency will extend the current market rally. But the milestone also risks sounding the death knell for certain Bitcoin miners.
