Federal Reserve holds rates steady at Kevin Warsh's first meeting as chairman.
The Federal Reserve kept its benchmark interest rate unchanged at 3.5%-3.75% following its June 17, 2026 policy meeting, the first chaire...
Economy 17 divergence 17
Economy 36 divergence 36
Cuba's Communist Party approves sweeping economic reforms to open economy to private enterprise.
Cuba's Communist Party and National Assembly approved a package of approximately 175-176 economic reforms on June 18-19, 2026, aimed at o...
Economy 3 divergence 3
German government commission proposes pension system overhaul including retirement age increase.
A government-appointed commission in Germany has proposed raising the retirement age to 70 by the 2090s and creating a new capital-funded...
Economy 23 divergence 23
Federal Reserve holds rates steady under new Chair Kevin Warsh with inflation at 4.2%.
The Federal Reserve left interest rates unchanged at Kevin Warsh's first policy meeting as chair. Inflation reached 4.2%, a three-year hi...
Economy 3 divergence 3
Apple CEO Tim Cook announces price increases due to memory chip shortage from AI demand.
Apple CEO Tim Cook told The Wall Street Journal that price increases on Apple products are unavoidable due to surging memory and storage ...
Economy 33 divergence 33
SpaceX completes record-breaking IPO, making Elon Musk the world's first trillionaire.
SpaceX raised $75 billion in its initial public offering, selling 555.6 million shares at $135 each. Shares opened at $150 and closed aro...
Economy 3 divergence 3
Fox Corp. agrees to acquire Roku in a $22 billion cash-and-stock deal.
Fox Corp. announced an agreement to acquire streaming platform Roku for approximately $22 billion, including debt. The deal values Roku a...
Economy 17 divergence 17
Oil prices fall as US and Iran move toward diplomatic agreement.
Crude oil prices dropped over 3% to their lowest levels in nearly three months following reports that the U.S. and Iran are close to a di...
Economy 33 divergence 33
Justice Department approves Paramount's acquisition of Warner Bros. Discovery.
The U.S. Department of Justice's Antitrust Division approved Paramount Skydance's $110-111 billion acquisition of Warner Bros. Discovery ...
Economy 17 divergence 17
European Parliament approves trade deal cutting tariffs on US goods.
The European Parliament voted to cut tariffs on US imports to comply with a deal struck in 2025. The deal limits US tariffs on most EU go...
Economy 26 divergence 26
SpaceX completed its initial public offering with a valuation exceeding $2 trillion.
SpaceX shares began trading following an IPO that valued the company at over $2 trillion. The offering made approximately 5% of shares av...
Economy 6 divergence 6
Yum Brands sells Pizza Hut chain for $2.7 billion.
Yum Brands will sell Pizza Hut for a total of $2.7 billion, with LongRange Capital acquiring the business excluding mainland China for $1...
Economy 3 divergence 3
U.S. launches trade investigation into Germany over drug pricing policies.
The United States has initiated a trade investigation targeting Germany's pharmaceutical pricing and reimbursement practices. The probe c...
Economy 3 divergence 3
U.S. weekly jobless claims fell to 226,000 for the week ended June 13.
Initial unemployment claims dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, slightly above the economist forec...
Economy 47 divergence 47
Trump administration claims progress on reopening Strait of Hormuz amid Iran conflict.
President Trump announced a 'secret mission' that he claims escorted over 100 million barrels of oil and 200 ships through the Strait of ...
Economy 13 divergence 13
Lululemon apologizes for Japanese drum used at Great Wall yoga event in China.
Lululemon held a yoga festival on the Great Wall of China on May 30, 2026, featuring actor Zhu Yilong. After social media users identifie...
Economy 33 divergence 33
US inflation rose to 4.2% in May, the highest level in three years.
The Consumer Price Index increased 4.2% year-over-year in May, up from 3.8% in April, driven primarily by energy costs related to the Ira...
Economy 13 divergence 13
Kroger reports first-quarter sales and profit results.
Kroger reported first-quarter results that beat Wall Street sales estimates. The company cited resilient demand for lower-priced essentia...
Economy 17 divergence 17
Bank of Japan raises interest rates to 1 percent, the highest level since 1995.
The Bank of Japan voted 7-1 to raise its benchmark interest rate by 0.25 percentage points to 1 percent, the highest level in 31 years. T...
Economy 6 divergence 6
US retail sales rose 0.9% in May, exceeding expectations.
Retail sales increased 0.9% in May, up from a revised 0.4% gain in April, according to Commerce Department data. The figures were boosted...
Economy 3 divergence 3
Jet fuel prices decline but airlines maintain higher airfares.
Jet fuel prices have fallen to their lowest level since the Iran war began, dropping more than $2 per gallon from April peaks to $2.80. A...
Economy 17 divergence 17
World Gold Council survey shows central banks plan to increase gold holdings and repatriate reserves.
A World Gold Council survey found that a majority of central banks plan to increase their gold holdings over the next five years. The sur...
Economy 13 divergence 13
President Trump says he 'loves the inflation' amid rising prices during Iran war.
President Trump dismissed concerns about the latest inflation report on June 10, 2026, stating 'I love the inflation' in response to repo...
Economy 3 divergence 3
Federal appeals court upholds Sam Bankman-Fried's fraud conviction and 25-year sentence.
A three-judge panel of the 2nd U.S. Circuit Court of Appeals unanimously upheld Sam Bankman-Fried's fraud conviction and 25-year prison s...
Economy 17 divergence 17
Trump says he may not renew the USMCA trade agreement with Canada and Mexico.
President Trump stated on Wednesday that he is not looking to renew the United States-Mexico-Canada Agreement (USMCA), citing trade defic...
Economy 17 divergence 17
European Central Bank raises interest rates in response to Iran war inflation.
The European Central Bank raised its benchmark deposit rate by 25 basis points to 2.25% on June 11, 2026, marking its first rate hike sin...
Economy 17 divergence 17
Sam Bankman-Fried applies for presidential pardon from Donald Trump.
Sam Bankman-Fried, the former FTX CEO serving a 25-year sentence for fraud, has formally applied for a pardon from President Donald Trump...
Economy 3 divergence 3
Nvidia raises funds through U.S. corporate bond issuance.
Nvidia is tapping the investment-grade bond market to raise funds for general corporate purposes, including refinancing existing debt. Th...
Economy 0 divergence 0
Robinhood announces 10% workforce reduction in restructuring.
Robinhood is cutting approximately 10% of its workforce as part of a restructuring effort. The announcement was made on June 16, 2026. Bo...
Economy 26 divergence 26
Social Security trustees report retirement trust fund will be exhausted in 2032.
The annual Social Security trustees report released Tuesday projects the retirement trust fund will be exhausted in late 2032, one quarte...
