Economy

Economic News

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U.S. Natural Gas Futures Rise on Weather-Driven Demand — Market Talk

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…

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Brazil to partially scrap diesel subsidy

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…

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Republican hardliners paralyze US House for a second week over Trump voter ID bill 

By David MorganA group of hardline Republicans paralyzed the U.S. House of Representatives for a second week on Tuesday by blocking action on a major defense bill in an effort to force Senate passage of a voter ID measure pushed by President Donald Trump.A procedural vote needed to open debate on t…

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Canada's Carney Pushes Environmental-Policy Pivot Amid Energy Uncertainty — Update

By Paul VieiraOTTAWA--Canadian Prime Minister Mark Carney said Tuesday his government has to pivot from his predecessor's environmental policy because the country needs to capitalize on its immense oil and gas reserves, due to heightened geopolitical uncertainty and economic sluggishness.Furthermor…

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FCC says it will move toward 2027 auction of mid-band wireless spectrum

By Raphael SatterThe U.S. Federal Communications Commission says it will soon vote on an order that sets up a 2027 auction of mid-band wireless spectrum that is a focus point for 5G use.In a statement released Tuesday, the FCC said it would vote on July 22 to hold an auction of 160 megahertz of spe…

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Economy
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Canada's Carney Pushes Environmental-Policy Pivot Amid Energy Uncertainty — Update

By Paul VieiraOTTAWA--Canadian Prime Minister Mark Carney said Tuesday his government has to pivot from his predecessor's environmental policy because the country needs to capitalize on its immense oil and gas reserves, due to heightened geopolitical uncertainty and economic sluggishness.Furthermor…

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EconomyFutures
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LatAm Political, Economic Calendar - Week Ahead

All dates are in local time Wednesday, July 1, 2026 Exp Prev Local/GMT/ET 0830/1230/0830 CHI May IMACEC monthly index of economic activity Economic Activity Idx, Y/Y% -1.2% 1000/1300/0900 BRA…

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Economy
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Colombia's central bank again raises interest rate after April pause

By Nelson BocanegraColombia's central bank raised its benchmark interest rate on Tuesday to 12%, again upping rates in a cycle kicked off in January in a bid to curb inflationary pressures amid a spat with the government over rate hikes.The 75-basis-point increase was backed by a majority of the se…

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Economy
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Colombia's central bank hikes interest rate by 75 basis points to 12%

Colombia's central bank raised its benchmark interest rate for the third consecutive time on Tuesday, to 12%, in a bid to curb inflationary pressures amid a spat with the government over rate hikes.The 75-basis-point increase was backed by a majority of the seven-member board.

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US job openings rise to two-year high, but hiring still struggling

By Lucia MutikaniU.S. job openings edged up to a two-year high in May, but subdued hiring soured consumers' perceptions of the labor market, with the share viewing employment as "hard to get" surging to nearly a 5-1/2-year high in June.Economists said the mixed reports on Tuesday suggested the labo…

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Economy
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FCC to Vote on Holding Spectrum Auction in 2027

By Elias SchisgallThe Federal Communications Commission will vote on holding another auction next summer for 3,248 licenses covering 160 megahertz of spectrum, in response to what the agency described as surging demand for spectrum for wireless services.The FCC will vote on whether to hold the auct…

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Trustpoint Xposure Releases Landmark AEO Research Report, Revealing the Exact Five Signals That Determine Whether AI Recommends a Brand and the Gap Data Across 200 Professional Audits

The most comprehensive AI citation authority research conducted on New York's professional services market reveals that 88% of audited brands are either absent or inaccurately cited in AI-generated answers despite significant investment in traditional digital marketing.AMHERST, NY / ACCESS Newswire…

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U.S. Ethanol Production and Stocks Estimates for June 26

The following is a range of analysts' estimates of ethanol production and ethanol inventories for the week ended June 26. Production units are in thousands of barrels per day, while inventories are listed in thousands of barrels. Parentheses indicate a negative number. The report is scheduled to be…

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EconomyFutures
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FCC to Vote on Holding Spectrum Auction in 2027

By Elias SchisgallThe Federal Communications Commission will vote on holding another auction next summer for 3,248 licenses covering 160 megahertz of spectrum, in response to what the agency described as surging demand for spectrum for wireless services.The FCC will vote on whether to hold the auct…

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Economy
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Brazil government to start paring back emergency fuel subsidies, Bloomberg News reports

Brazil will immediately start rolling back emergency fuel subsidies implemented after the start of the war in the Middle East, Bloomberg News reported on Tuesday, citing a person familiar with the matter.The government will start by scaling back the subsidies on diesel, the report said.Reuters coul…

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Brazil creates fewer formal jobs than expected in May

Brazil's economy created a net 72,960 formal jobs in May, data from the Labor Ministry showed on Tuesday, below the 115,000 expected by economists in a Reuters poll.

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Economy