Trump's Latest Power Play Threatens US Housing Relief Bill
The 21st Century ROAD to Housing Act could come into force this weekend barring another round of disruption from the president.
South Korea Eyes AI Windfall Fund to Aid Growth, Jobs for Youth
South Korea plans to use part of an expected tax windfall from its booming chip sector to support young people, its labor minister said, as surging AI-related demand boosts the…
Lagarde Says She’s Not a Candidate for French Election: Euronews
European Central Bank President Christine Lagarde said she’ll try to have her voice heard during next year’s French presidential election, while declining that she’s pondering a campaign herself.
Fed’s Warsh Names Leadership for Five New Task Forces
Federal Reserve Chairman Kevin Warsh announced the leadership of five task forces that will examine the central bank’s approach to key aspects of policymaking, with an eye toward potentially enacting…
France Seen Dodging Recession as Central Bank Lifts GDP Estimate
The Bank of France raised its short-term growth estimate as activity improved in all sectors in June, indicating the economy will safely avoid a recession.
Poland Bought 82 Tons of Gold This Year, Central Banker Says
Poland’s central bank is buying billions of dollars worth of gold as prices dipped in recent months, according to Governor Adam Glapinski.
Merz’s Reforms for Germany Get Fitch Cheer But No Big Applause
Germany’s new reform package amounts to a step in the right direction but is still no game changer in addressing the troubles of its economy, according to Fitch Ratings.
Egypt Holds Rates a Third Time With US-Iran Peace Push at Risk
Egypt left interest rates unchanged for a third consecutive meeting, opting for caution with a fragile US-Iran ceasefire at risk of unraveling.
Europe Faces Fresh Volatility After Iran Flare-Up, Officials Say
Europe’s economy is looking at a fresh bout of uncertainty following Donald Trump’s declaration that the US ceasefire with Iran is over, officials from the region said.
US Existing Home Sales Dip as Affordability Concerns Linger
Sales of previously owned US homes slipped back in June, dragged down by stubbornly high mortgage rates that have kept the housing market stuck in a yearslong slump.















