Economy

Economic News

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acceswire

The Rise of Sovereign AI: The Next Evolution of HPC

June 23, 2026 - As AI moves from experimentation into critical infrastructure, a new reality is emerging across Europe and Middle EastNORTHAMPTON, MA / ACCESS Newswire / June 30, 2026 / As AI moves from experimentation into critical infrastructure, a new reality is emerging across Europe and the Mi…

ACCESS Newswire en
Economy
trading-economics

US Job Quits Tick Up

The number of job quits in the US rose slightly to 3.065 million in May 2026 from the upwardly revised 3.043 million in April but below 3.287 million a year ago.The quits rate stood at 1.9% in May, the lowest reading since 2020, unchanged from April, signaling subdued voluntary job departures.Quits…

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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 Wednesday 0815 ADP Jobs Jun…

Dow Jones Newswires en
Economy
NEWS reuters

India warns of below-average July monsoon rains after particularly dry June

By Rajendra JadhavIndia is likely to see below-average monsoon rainfall in July after logging its fifth-driest June since records began in 1901, the weather department said on Tuesday, raising concerns over farm output and economic growth.The monsoon delivers about 70% of annual rains to replenish…

Reuters en
EconomyFutures
NEWS reuters

Scorching heat threatens demand records on US electric grid

By Tim McLaughlinU.S. power grids this week face a blistering heat wave across the East Coast and Midwest that is expected to break summer demand records, straining systems already pushed to the brink by surging energy consumption by data centers and electric vehicles.The risk of rotating outages i…

Reuters en
Economy
NEWS dow-jones

Chicago Business Activity Cooled in June

By Paulo TrevisaniBusiness activity in the Chicago area slowed but still beat expectations this month, a monthly survey showed Tuesday.The Chicago Business Barometer, compiled by MNI Indicators, slipped to 56.7 in June from 62.7 in May, which was its highest since January 2022.Economists polled by…

Dow Jones Newswires en
Economy
NEWS trading-economics

Chicago Business Activity Slows in June

The Chicago Business Barometer fell to 56.7 in June 2026 from 62.7 in the previous month.The decline was driven by weaker new orders, which remained in expansion for a second consecutive month, and slowing production that nearly reversed the previous month's gain.The downturn was partly offset by i…

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Economy
trading-economics

Chile Copper Output Falls Sharply in May

Chile’s copper production fell 12.9% year-on-year to 423,623 metric tons in May 2026, following a 13.8% decline in the previous month.The Mining Production Index dropped 10.6% year-on-year, driven by weaker activity in metallic mining, which fell 13.0%, mainly due to lower copper extraction and pro…

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EconomyFutures
NEWS dow-jones

Japanese Yen Hits New 40-Year Low Against Dollar — Market Talk

The Japanese yen reaches a new 40-year low against the dollar, though moves are limited as traders stay on high alert for any interventions by the country's authorities to halt the currency's decline. Japan could deliver another round of foreign exchange interventions, while the Bank of Japan could…

Dow Jones Newswires en
EconomyForex
trading-economics

US Job Openings at 2-Year High

Job openings in the US increased by 9,000 to 7.594 million in May 2026, the highest since May 2024 and well above market expectations of 7.30 million, highlighting labor market resilience despite rising energy costs from the Iran conflict.The number of job openings increased in wholesale trade (+71…

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Economy