Economy

Economic News

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Japan Consumer Confidence Rises Slightly In June

TOKYO (dpa-AFX) - Japan's consumer sentiment improved somewhat in May to the highest level in four months, survey data from the Cabinet Office showed on Wednesday.The seasonally adjusted consumer confidence index rose to 33.8 in June from 33.6 in May. The expected score was 34.1.The survey was cond…

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Economy
globenewswire

Trust Stamp delivers a Custom-LLM model for an international telecommunications company and announces a shareholder call to unveil the Company’s strategic initiative to build and deliver Sovereign-AI implementations.

Atlanta, GA, July 01, 2026 (GLOBE NEWSWIRE) -- Gareth N. Genner, Chief Executive Officer of the Company commented: “For ten-years we have delivered proprietary AI-powered microservices in the course of which we have developed significant intellectual property and expertise in deploying custom-AI so…

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EconomyStocks US
NEWS dpa_afx

Sweden Manufacturing Growth Strongest Since January 2022

STOCKHOLM (dpa-AFX) - Sweden's industrial economy expanded at the quickest pace in four-and-a-half years in June, survey data from Swedbank and the logistics association SILF showed on Wednesday.The purchasing managers' index for the manufacturing sector rose to 58.3 in June from 57.4 in May. A rea…

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Economy
NEWS dpa_afx

Swiss Retail Sales Growth Hits 11-month High

BRUSSELS (dpa-AFX) - Swiss retail sales increased at the quickest pace in nearly a year in May, data from the Federal Statistical Office revealed on Wednesday.In real terms, retail sales climbed 3.5 percent yearly in May, faster than the revised 1.7 percent growth in April. Meanwhile, sales were ex…

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Economy
dpa_afx

UK Manufacturing Growth Softens

LONDON (dpa-AFX) - The upturn in the UK manufacturing softened in June amid slowing new order growth and tepid optimism, final data from S&P Global revealed Wednesday.The final manufacturing Purchasing Managers' Index declined to 52.5 in June from 53.9 in May. The initial score for June was 53.1.'S…

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Economy
dpa_afx

Eurozone Manufacturing Activity Expands Moderately

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The euro area manufacturing activity continued to grow in June as production expanded moderately and cost pressures softened but supply conditions remained a challenge, final survey data from S&P Global showed Wednesday.The final manufacturing Purchasing Manager…

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Economy
dow-jones

Eurozone Inflation Declines as Energy Shock Fades in Relief for ECB — Update

By Ed FranklCooling energy prices helped push eurozone inflation lower in June, increasing the likelihood the European Central Bank will refrain from raising its key interest rate for a second meeting in a row later this month.Inflation in the 21-nation currency area fell to 2.8% from 3.2% in May…

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Economy
NEWS dpa_afx

Russia Factory Activity Expands Slightly In June

MOSCOW (dpa-AFX) - Russia's factory activity logged a renewed growth in June as output rose at the quickest pace since January 2025 amid improving demand conditions, survey results from S&P Global showed on Wednesday.The manufacturing purchasing managers' index, or PMI, climbed to 50.3 in June from…

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Economy
NEWS dpa_afx

Eurozone Inflation Slows In June

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Eurozone inflation slowed to a three-month low in June, flash data from Eurostat showed Wednesday.Inflation weakened to 2.8 percent from 3.2 percent in May. This was the lowest rate since March and remained below forecast of 3.0 percent.Core inflation that exclu…

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Economy
NEWS dow-jones

U.S. Employer Layoff Plans Cool in June, Tech Leads Job Cuts

By Jessica CoacciU.S. based employers announced 45,849 job cuts in June, down 53% from 97,006 cuts announced in May, according to a report from the global outplacement and executive coaching firm Challenger, Gray & Christmas.Employers in the technology sector led the decline with 15,503 staff reduc…

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Economy
dow-jones

Eurozone Inflation Declines as Energy Shock Fades in Relief for ECB

By Ed FranklCooling energy prices helped push eurozone inflation lower in June, increasing the likelihood the European Central Bank will refrain from raising its key interest rate for a second meeting in a row later this month.Inflation in the 21-nation currency area fell to 2.8% from 3.2% in May…

Dow Jones Newswires en
Economy
NEWS dpa_afx

Dutch Q1 GDP Growth Revised Higher

BRUSSELS (dpa-AFX) - The Dutch economy expanded more than initially estimated in the first quarter of 2026, the latest data from the Central Bureau of Statistics showed on Wednesday.Gross domestic product rose 0.2 percent sequentially, following a 0.4 percent increase in the fourth quarter. In the…

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Economy
NEWS dpa_afx

UK House Prices Remain Flat In June

LONDON (dpa-AFX) - UK house prices remained flat in June as uncertainty caused by the war in the Middle East and the subsequent rise in fuel prices and market interest rates weighed on the property market, data from Nationwide Housing Society showed Wednesday.House prices posted a flat growth in Ju…

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Economy