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Toronto stocks dip ahead of USMCA review, gold stocks slide

By Sruthi Shankar and Sudeshna GhoshalCanada's main stock index fell on Monday as caution ahead of a review of the U.S.-Canada-Mexico trade agreement and weakness in gold miners offset relief from signs of easing tensions in the Middle East.The Toronto Stock Exchange's S&P/TSX Composite index TSX:T…

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US Supreme Court rejects Trump's unprecedented bid to fire Fed's Cook

By Andrew ChungThe U.S. Supreme Court refused on Monday to let Donald Trump fire Federal Reserve Governor Lisa Cook as it stood firm to preserve the central bank's cherished independence against an unprecedented challenge by the Republican president.The court, in a 5-4 ruling, blocked Trump's bid t…

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Economy

Fed's A+ grade glosses Wall Street trading risks

By Stephen GandelHow much would Wall Street lose if markets plunged 58%? According to the Federal Reserve, not much. The U.S. central bank’s latest stress tests project that JPMorgan NYSE:JPM, Bank of America NYSE:BAC, Citigroup NYSE:C, Morgan Stanley NYSE:MS and Goldman Sachs NYSE:GS would collect…

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StocksUS
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TABLE-Dallas Fed Texas June manufacturing activity index 0.0

June 29 (Reuters) – Details of the Federal Reserve Bank of Dallas' Texas monthly manufacturing index released on Monday. Following are details from the survey.Only some items are seasonally adjusted:June May Index IndexProduction…

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Economy
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Mexico's central bank to buy government securities on secondary market to manage liquidity

Mexico's central bank said on Monday that it will begin complementing its existing liquidity-management tools with the ability to repurchase short-term government securities in the secondary market from the third quarter of 2026, a move aimed at improving the implementation of monetary policy and s…

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Bonds
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Fed's Lisa Cook made history even before battling Trump

By Ann SaphirFederal Reserve Governor Lisa Cook was the first U.S. central banker to be targeted for firing by any president. She is no stranger to being first, or to being targeted.The daughter of a nursing professor mother and hospital chaplain father, Cook and her sisters were among the first Bl…

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Economy
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India commits additional investment of $3.2 bln in quasi-sovereign wealth fund

India's cabinet has approved an additional investment commitment of 300 billion rupees ($3.17 billion) into the state-backed sovereign wealth fund, the government said on Monday.The investment will raise the federal government's commitment to the National Investment and Infrastructure Fund (NIIF) t…

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Economy
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India's summer crop planting lags after slow monsoon start

By Rajendra JadhavIndian farmers have fallen behind in planting summer crops, including rice, cotton, corn and soybeans, as a slow start to the monsoon has meant below average rainfall so far.India is the world's largest rice exporter, accounting for about 40% of global shipments.Its farmers begin…

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EconomyFutures
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US Supreme Court rejects Trump's unprecedented bid to fire Fed's Cook

By Andrew ChungThe U.S. Supreme Court refused on Monday to let Donald Trump fire Federal Reserve Governor Lisa Cook as it stood firm to preserve the central bank's cherished independence against an unprecedented challenge by the Republican president.The court, in a 5-4 ruling, blocked Trump's bid t…

Reuters en
Economy