Economy

Economic News

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NEWS trading-economics

UK Shop Price Inflation Holds at 1.2% in June

UK shop price inflation increased by 1.2% year-on-year in June 2026, the same pace as in the previous month and slightly below market forecasts for a 1.3% rise, as easing food price pressures offset a modest pickup in non-food inflation.Food inflation slowed to 2.4%, the lowest since March 2025, fr…

Trading Economics en
Economy
trading-economics

South Korea Industrial Output Falls the Most in 7 Months

South Korea’s industrial production dropped by 3.0% month-on-month in May 2026, following a 0.7% decline in the previous month.It was the steepest decline since last October, due to a faster fall in manufacturing (-3.0% vs -0.8% in April).Chips and pharmaceutical products mainly weighed down the de…

Trading Economics en
Economy
NEWS reuters

Trump says he picks Sonderling to be labor secretary

By Bo Erickson and Costas PitasU.S. President Donald Trump posted on Truth Social on Monday that he would nominate Keith Sonderling, who is acting labor secretary, to take on the role permanently, which would require Senate approval."Throughout his career, Keith has proven his dedication to deliver…

Reuters en
Economy
NEWS reuters

US leads global CO2 emissions increase in 2025, report finds

The United States accounted for about a third of the rise in global carbon emissions in 2025, as higher gas prices pushed power producers back to coal, an Energy Institute report showed.Here are highlights from the report, produced in partnership with Ember, Kearney Institute and KPMG:

Reuters en
Economy
NEWS reuters

Trump says he picks Sonderling to be labor secretary

U.S. President Donald Trump posted on Truth Social on Monday that he would nominate Keith Sonderling, who is acting labor secretary, to take on the role permanently, which would require Senate approval.

Reuters en
Economy
NEWS dpa_afx

Japan Data Due On Tuesday

CANBERA (dpa-AFX) - Japan is scheduled to release a batch of economic data on Tuesday, highlighting a busy day for Asia-Pacific economic activity. On tap are May figures for unemployment, industrial production, construction orders and housing starts.The jobless rate (2.5 percent) and jobs-to-applic…

dpa-AFX en
Economy
dow-jones

Australia Shares Set to Edge Higher Ahead of RBA Minutes — Market Talk

Australian stocks could be set to edge higher at the open, adding to their week-opening gains ahead of the release of minutes from the central bank's most recent rate-setting meeting. ASX futures are up by less than 0.1% ahead of Tuesday's session, suggesting that the S&P/ASX 200 will build on Mond…

Dow Jones Newswires en
Economyindex

Medicare Begins Obesity Drug Coverage, Seniors Unaware Of New Benefit

WASHINGTON (dpa-AFX) - Starting Wednesday, millions of older Americans on Medicare can now get obesity medications through a new initiative called the Bridge program. This program allows qualifying folks to pay a monthly copay of $50 for access to popular weight-loss drugs by Novo Nordisk and Eli L…

dpa-AFX en
Economy
trading-economics

BoJ Keeps Key Interest Rate Unchanged

The BoJ kept its policy rate unchanged at 5.50% at its June 2026 meeting, noting that although inflation has remained within its target range over the past three months, the outlook remains uncertain.The central bank said inflation risks from geopolitical tensions have eased but remain elevated, wi…

Trading Economics en
Economy
NEWS cointelegraph

Donald Trump has 10 days to decide on housing bill with CBDC ban

US President Donald Trump has about 10 days to decide whether or not to sign bipartisan housing legislation containing a ban on a central bank digital currency (CBDC) into law after saying he planned to prioritize a controversial voting bill.According to reports, House Speaker Mike Johnson sent the…

Cointelegraph en
Economy
beincrypto

Ukraine Moves $8.3 Million in Seized Crypto Under State Management

Ukraine has placed more than $8.3 million in seized crypto under state management, the first time the country has moved confiscated digital assets into a government-controlled wallet.The National Agency for Finding, Tracing, and Management of Assets, known as ARMA, received the funds from wallets t…

Beincrypto en
CryptoEconomy
NEWS dow-jones

Supreme Court Makes It Harder for Trump to Meddle with the Fed — Barrons.com

By Megan LeonhardtThe Supreme Court has blocked President Donald Trump's attempt to remove a sitting member of the Federal Reserve, cutting off the easiest route the administration had to interfere with the central bank's operations.The fight isn't over, but the Fed now has the upper hand.In a 5-4…

Dow Jones Newswires en
Economy
NEWS reuters

IMF completes reviews for Honduras, unlocks $242 million

The International Monetary Fund said on Monday it had completed reviews under its extended fund facility and extended credit facility arrangements for Honduras, enabling disbursement of about $242 million.

Reuters en
Economy
NEWS dow-jones

Supreme Court Ruling on Fed's Cook Is 'Mostly a Win' for Warsh — Market Talk

The U.S. Supreme Court ruling that President Trump can't fire Fed officials is a double-edged sword for Chairman Warsh, JPMorgan's Michael Feroli writes. He says the decision "is mostly a win" for him, "for the simple reason that now Trump can't fire Warsh." It also means that Warsh will need to co…

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Economy