Economy

Economic News

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US manufacturing activity eases in June; prices paid by factories remain elevated

U.S. manufacturing activity slowed in June after surging in the prior month, likely as some of the lift from businesses front-loading orders to avoid shortages and higher prices caused by the Middle East conflict faded.The Institute for Supply Management said on Wednesday its manufacturing PMI slip…

Reuters en
Economy
NEWS dow-jones

Unemployment Rate Expected to Hold Steady — Data Week Ahead

The following are median forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal.Forecasts were last updated Monday afternoon. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Thursday 0830 Jobless Claims Jun…

Dow Jones Newswires en
Economy
NEWS sharecast

US manufacturing growth eases in June

Output and new orders continued to rise at historically strong rates, though both expanded more slowly than in May, while input costs rose sharply again, driven by higher raw‑material prices, but the pace of inflation softened from May's recent high. Selling‑price inflation also eased to a three‑mo…

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Economy
NEWS zawya

UAE: GPSSA adopts new pension regulations for entrepreneurs, self-employed Emiratis

Staff WriterThe General Pension and Social Security Authority (GPSSA) opened registration for a newly expanded state social insurance system, urging eligible employers, entrepreneurs and self-employed individuals to secure their future retirement privileges.Backed by the Minister of Finance’s Decis…

Zawya en
Economy
NEWS trading-economics

US Manufacturing PMI Revised Down in June

The S&P Global US Manufacturing PMI was sharply revised down to 53.9 in June 2026, significantly below the preliminary estimate of 55.7 and May’s final reading of 55.1.Despite the drop, the latest figure marked the eleventh straight month of expansion, indicating a solid improvement in operating co…

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Economy
NEWS reuters

Fed's Warsh says any balance sheet policy change won't be a surprise

By Michael S. DerbyFederal Reserve Chairman Kevin Warsh said Wednesday that while he hasn’t changed his mind that a large central bank balance sheet should be shrunk, any notable change in policy on this matter will take time and be well communicated.“Decisions will be well deliberated publicly, we…

Reuters en
Economy
NEWS reuters

UK sets out teacher pay hikes that should outpace inflation

British teachers will receive pay increases that should outpace inflation over the coming two years, with the first rise coming in September, the government said on Wednesday.Teachers' pay will increase by 3.5% from September, and by 3% from September 2027, representing a cumulative 17% rise since…

Reuters en
Economy
NEWS dow-jones

Warsh Teases Fed's New Task Force Leaders Will Be Announced Next Week — Barrons.com

By Megan LeonhardtFederal Reserve Chairman Kevin Warsh on Wednesday held firm on his new policy against offering signals of where rate policy is heading, but did signal that his plans for proposed reforms are set to move forward next week.In a policy panel at the European Central Bank's annual Foru…

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Economy