By Jody GodoyThe Trump administration said on Tuesday it would cut off funding to New York's Medicaid fraud unit, accusing it of underperforming in a move that could jeopardize the state's eligibility to receive federal funding for low-income healthcare.New York has lagged behind other large states…
By Jessica CoacciU.S. job openings and hires held steady in May, according to a report from the Labor Department's monthly job openings and labor turnover survey.Available positions held steady at 7.6 million in May, unchanged from April. Meanwhile, the hiring rate held steady at 3.3% with about 5…
BRUSSELS (dpa-AFX) - Portugal's consumer price inflation moderated slightly in June amid a reduction in fuel prices, preliminary data from Statistics Portugal showed on Tuesday.The consumer price index rose 3.2 percent annually in June, slower than the 3.3 percent increase in May.The annual price g…
Another interest-rate hike from the European Central Bank could become a policy mistake, ING global head of macro Carsten Brzeski says in a note. ECB President Christine Lagarde reiterated Monday that the June rate increase was driven by a higher inflation outlook. But with the recent drop in energ…
1057 ET - Another interest-rate hike from the European Central Bank could become a policy mistake, ING global head of macro Carsten Brzeski says in a note. ECB President Christine Lagarde reiterated Monday that the June rate increase was driven by a higher inflation outlook. But with the recent dro…
Federal Reserve Bank of Cleveland President Beth Hammack said Tuesday central bank interest rate hikes may still be in the cards if inflation pressures don’t moderate.“I'm going to keep an open mind” about what the Fed needs to do on interest rate policy, Hammack said in a CNBC interview. But, “if…
CLEVE FED'S HAMMACK Q&A/CNBC: SEE MORE BROAD-BASED INFLATION PRESSURE BEYOND ENERGY; SEE INSURANCE, ELECTRICITY, DATA CENTER BUILDUP, HOUSING
By Robb M. StewartOTTAWA--Canada'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 growing this quarter, following b…
Analysts have raised their forecasts for Russian inflation this year, a Reuters poll showed on Tuesday, as nationwide fuel shortages following Ukrainian drone attacks on refineries pushed retail fuel prices higher.Analysts saw full-year inflation at 5.7% compared to 5.5% in last month's poll. They…
CLEVE FED'S HAMMACK (VOTER) Q&A/CNBC: INFLATION TOO HIGH; MAY NEED HIGHER INTEREST RATES; TO MAKE DECISION BASED ON DATA
FAA Prepares Aircraft-Technology Mandate After D.C. Midair Crash, Sources Say — WSJ
Switzerland's 10-year yield increased to around 0.28% at the end of June, remaining near its lowest level since early March, after fresh developments in the Middle East. Iran struck US military sites over the weekend, though both sides subsequently agreed to halt hostilities and resume peace talks…
U.S. consumer confidence nudged higher in June as a fragile truce in the Middle East conflict weighed down on gasoline prices, while households' perceptions of labor market conditions deteriorated, with the share viewing jobs as hard to get rising to near a 5-1/2 year-high, a survey showed on Tuesd…
The general business activity index for the service sector published by the Federal Reserve Bank of Dallas rebounded to 2.9 in June 2026 from -7.7 in May.Perceptions of broader business conditions also improved, with the company outlook index jumping 12 points to 6.1, while uncertainty remained lar…
By Jessica CoacciU.S. job openings and hires held steady in May, according to a report from the Labor Department's monthly job openings and labor turnover survey.Available positions held steady at 7.6 million in May, unchanged from April. Meanwhile, the hiring rate held steady at 3.3% with about 5…
WASHINGTON (dpa-AFX) - A report released by the Conference Board on Tuesday showed a modest increase by its U.S. consumer confidence index in the month of June.The Conference Board said its consumer confidence index inched up to 91.2 in June from a downwardly revised 90.6 in May.Economists had expe…
By Jessica CoacciConsumer confidence ticked up in June as moderating oil prices provided some relief to American households, a monthly survey from The Conference Board said.The research group said Tuesday its consumer confidence index rose to 91.2 in June from a downwardly revised 90.6 in May. Econ…
WARSAW (dpa-AFX) - Poland's consumer price inflation eased further in June to the lowest in four months, preliminary data from Statistics Poland showed on Tuesday.The consumer price index climbed 2.5 percent year-over-year in June, slower than the 3.1 percent increase in May. Moreover, this was the…
SINGAPORE, SG / ACCESS Newswire / June 30, 2026 / SK tes, a global leader in sustainable technology lifecycle services, today announced a strategic AI and robotics collaboration supported by the Singapore Economic Development Board (EDB), reinforcing Singapore's role as a hub for circular economy i…
The United States accounted for about a third of the rise in global carbon dioxide emissions in 2025, as higher gas prices pushed power producers back to coal, an Energy Institute report showed on Tuesday.Here are highlights from the report, produced in partnership with Ember, Kearney Institute and…
