Economy

Economic News

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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…

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Economy
LLY NOVO_B
dpa_afx

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…

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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…

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Economy
USDTUSD
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…

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CryptoEconomy
NEWS cointelegraph

Senate leaders push for July passage of CLARITY Act

The path of the Digital Asset Market Clarity (CLARITY) Act, a bill intended to establish comprehensive guidelines for cryptocurrency regulation, remains uncertain with the US Congress set to break for another state work period in a matter of weeks.Since passage in the US House of Representatives in…

Cointelegraph en
CryptoEconomy
NET
stockstory

Cloudflare (NET) Stock Trades Up, Here Is Why

What Happened? Shares of cloud security and performance company Cloudflare NYSE:NET jumped 3.3% in the afternoon session after the United States and Iran agreed to halt their tit-for-tat military exchanges, easing fears of a wider Middle East conflict that had rattled markets over the weekend.The r…

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BondsEconomyStocks US
NEWS dow-jones

ECB's June Rate Increase Wasn't an 'Insurance Hike,' Lagarde Says

By Ed FranklThe European Central Bank's decision to raise its key interest rate this month was based on the bank's projections rather than a pre-emptive act to manage risks of inflation rising uncontrollably, President Christine Lagarde said Monday."Some have characterized our rate increase earlier…

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Economy
NEWS dow-jones

Texas Factory Business Activity Stalled in June

By Jessica CoacciTexas' factory sector showed mixed trends in June as output growth decelerated and perceptions of broader business activity were stable, according to the Federal Reserve Bank of Dallas.The Texas Manufacturing Outlook Survey's index for general business activity, released by the Dal…

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Economy
ADP
zacks

Markets Await JOLTS Report

We begin a new holiday-shortened trading week (we’ll observe Independence Day this year on Friday, July 3rd, which will make for a nice three-day weekend) looking at jobs numbers from last week, last month and before. We call it “Jobs Week” in this column — each month we’re treated to quality updat…

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Economy