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…
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.
Artificial intelligence is becoming a key factor in how central banks assess inflation, economic growth and financial stability, according to the Bank for International Settlements.The BIS said in its 2026 Annual Economic Report that policymakers must now account for AI’s increasingly broad economi…
By Balazs Koranyi and Francesco CanepaThe ECB is considering doubling the proportion of cash lenders must keep as reserve in an unremunerated account, six sources told Reuters, which would cut the central bank's own interest bill and mitigate the side effects of its inflation fight.The potential in…
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…
Brazil's economy created a net 72,960 formal jobs in May, data from the Labor Ministry showed on Tuesday, below the 115,000 net openings expected by economists in a Reuters poll.
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…
PPL Corporation PPL benefits from ongoing economic development across its service territories, driven by expanding data center, advanced manufacturing and industrial investments. Rising electricity demand supports higher infrastructure spending, expands the regulated rate base and strengthens long…
By Laila KearneyMembers of the PJM Interconnection are scheduled to vote on Tuesday on one of the biggest issues facing the largest U.S. grid operator: how to manage the rising data center demand that threatens to overtake regional electricity supplies.PJM has seen an explosion of requests over rou…
By Mauro OrruThe U.K. government said it would commit 15 billion pounds ($19.89 billion) in additional funding for its armed forces, moving to buttress its defense industry in the face of what Prime Minister Keir Starmer called a more dangerous and volatile world.The boost raises investments that t…
Federal Reserve Bank of Cleveland President Beth Hammack said Tuesday that interest rates may need to be raised to bring inflation back under control.During an interview with CNBC, Hammack said that inflation has been elevated for the past five years. “We’ve got inflation that’s too high, and it’s…
Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday it remains possible that she’ll advocate for higher interest rates if inflation pressures don’t moderate.“We've got inflation that's too high and it's been too high for the past five years,” Hammack said in an interview on CNB…
The Bank of England has space to judge the broader impact of the Iran war on inflation before it considers the next interest-rate move, its Governor Andrew Bailey says. Markets at the start of 2026 had expected rate cuts this year, but in March that needed to be taken off the table due to the confl…
By Dave Michaels and Patrick ThomasShoppers could hardly find eggs in stores early last year, a period when producers said avian flu had decimated the hen population. When eggs were available, they were as expensive as they'd ever been.It turns out the culprit was at least partly market manipulatio…
Bank of England Governor Andrew Bailey said on Tuesday that the central bank remained in no rush to respond to increased oil prices and that inflation was on course to return to its 2% target, albeit later than he would have liked.Bailey said past increases in oil prices meant British inflation loo…
USDA Jun 1 U.S. Corn Stocks at 5.295B Bu vs 4.643B in 2025
The increase in energy prices and its impact on inflation due to the Iran war has been frustrating, but it is being met by a softer economy that is weighing on prices, Bank of England Governor Andrew Bailey says. Inflation would have fallen to the bank's 2% target in April or May without the confli…
USDA 2026 U.S. Corn Harvest at 87.4M Acres
Waga EnergyRandolph County Selects Waga Energy to Convert Landfill Gas into RNG in North Carolina30-Jun-2026 / 18:00 CET/CESTDissemination of a French Regulatory News, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.Randolph County Selects Waga Energy…
By Asa FitchIf you're already anxious about the AI spending bubble and its global economic risks, maybe don't read the latest annual report from the Bank for International Settlements.The report, released Monday, lays out in unsettling detail how an AI bust could throw the global financial system i…
