Fears that artificial intelligence technology will lead to a wave of job losses in the software sector might be exaggerated, according to Moody's. Software-related employment has risen about 15% from 2019, compared to 5% for the rest of the private sector, the credit-ratings provider says, citing d…
MEXICO CITY, Jun 30 (Reuters) - Mexico's public sector ran a fiscal deficit of 176,149.9 millions pesos in May, the Finance Ministry said on Tuesday.
South Korea is preparing a massive AI infrastructure push, with companies including Samsung Electronics (SSNLF), SK Hynix (HXSCL) and Naver (NHNCF) expected to invest at least 1,350 trillion won, or about $880 billion, across chips and data centers. Samsung Group and SK Group plan to build two chip…
HEADLINESEconomy Ticks Along After GDP Grew 0.5% in AprilCanada's economy emerged from a rough winter on firmer footing, springing back to growth with a slight rise in activity last month on the heels of the strongest growth in nine months in April.The rebound puts the economy on track to resume gr…
Constellation Brands 1Q Free Cash Flow $485 M
Company Will Accelerate Key Transportation Initiatives and Streamline Environmental Review and Compliance ServicesRESTON, Va., June 30, 2026 /PRNewswire/ -- ICF (NASDAQ:ICFI), a leading global solutions and technology provider, was recently awarded a contract by the California Department of Transpo…
By Miriam GottfriedAmerica knows how to manufacture millionaires.Over 440,000 people — or more than 1,200 a day — became millionaires in the U.S. in 2025, accounting for nearly half of the world's new millionaires, according to an annual report on global wealth published Tuesday by UBS.Here are a f…
The Central Bank of Colombia raised its benchmark interest rate by 75 basis points to 12% at its June 30 meeting, tightening policy as inflationary pressures intensified.Policymakers noted that inflation continued to accelerate, with headline inflation reaching 5.8% in May and core inflation rising…
By David LawderU.S. President Donald Trump's administration is expected to formally declare on Wednesday that it will not extend the U.S.-Mexico-Canada Agreement on trade, starting a decade-long clock to wind down the 32-year-old North American free trade zone as the three countries haggle over pro…
Treasury yields extend their increase to cap another rising quarter as investors sell off bonds amid inflation concerns and uneven progress in Middle East peace talks. Oil prices stick around pre-war levels, while indicators show the U.S. economy is still resilient. Job data in the next couple of d…
Brazil created 72,960 formal jobs in May 2026, below April’s 85,888, marking the lowest level of job creation in 2026 so far.The result reflected 2.21 million hires and 2.13 million layoffs during the month.In the first five months of the year, Brazil generated 767,326 formal jobs, lifting the tota…
WASHINGTON (dpa-AFX) - After ending yesterday's choppy session roughly flat, treasuries showed a notable move to the downside during trading on Tuesday.Bond prices moved steadily lower over the course of the session, closing firmly negative. As a result, the yield on the benchmark ten-year note, wh…
PARAMARIBO, Suriname, June 30, 2026 (GLOBE NEWSWIRE) -- Tenaris announced today that operations have started at its new service center in Suriname, built to support the GranMorgu project, the country’s first major offshore development, operated by TotalEnergies, with APA Corporation and Staatsolie…
By Avi SalzmanA "dome" of extreme heat will send temperatures soaring in the central and eastern U.S. starting on Wednesday. More than 200 million people live in areas where temperatures are expected to exceed 90 degrees. These events can be deadly. They're also increasingly seen as threats to powe…
By Erin McLaughlinWhen you think of America's trade with its neighbors, you probably think of car parts and tomatoes driven across the southern border with Mexico and oil piped across the northern border with Canada.Those things still happen, but the explosive AI data-center buildout happening in t…
Chicago Board of Trade wheat futures rallied on Tuesday after the Department of Agriculture estimated U.S. plantings and quarterly stocks of the grain below trade expectations, analysts said.
By Daniel WiessnerThe U.S. Supreme Court on Tuesday declined to review an appeals court ruling allowing President Donald Trump to fire a Democratic member of a federal labor board, one day after handing the president broad powers to remove appointees at regulatory agencies.The court's denial of a p…
1509 ET - U.S. natural gas futures pick up from two sessions of losses as a heat wave across much of the U.S. lifts demand, coupled with rising LNG exports. The electricity generating sector "is the clear primary demand driver at 47.6 Bcf/d," while LNG feedgas flows are second at 19.7 Bcf/d, Gelber…
By Patrick ThomasThe Trump administration is prepping a financial lifeline for smaller meatpackers struggling with dwindling cattle supplies, which have sent beef prices surging.The U.S. Agriculture Department plans to pledge up to $500 million in payments for small- and medium-size meatpacking com…
Brazil will scrap part of its diesel subsidy from July, Finance Minister Dario Durigan said on Tuesday, cutting a support worth 0.35 reais ($0.068) per liter, while keeping other diesel and gasoline subsidies in place as oil prices ease.Speaking at a press conference, Durigan said Brent crude remai…
