Trump decision on Fed not imminent, source says
By Howard Schneider and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Donald Trump has not decided on a replacement for Federal Reserve Chair Jerome Powell and…
Italy business sentiment improves in June but consumer morale slips
ROME (Reuters) -Italian businesses sentiment improved for a second month running in June but consumer morale fell back slightly, data showed on Friday, in mixed…
European shares rise on easing US-China trade tensions
European stocks rose on Friday, led by automakers, as signs of easing trade tensions between Beijing and Washington raised hopes of a de-escalation in the…
Jobs data, trade and fiscal policies in focus with S&P 500 on cusp of record
Investors who have been captivated by recent geopolitical events are poised to shift their attention in the coming week to key economic data and looming…
Canada’s GDP contracts in April, likely another decline in May
Canada's economy contracted in April on a monthly basis, data showed on Friday, as sectors exposed to tariffs and uncertainty negated a boost from services.
Fed’s Kashkari expects two rate cuts this year, with pause possible
(Reuters) -Federal Reserve Bank of Minneapolis President Neel Kashkari is sticking to his view that cooling inflation will allow the world's most important major central…
US consumer spending falls unexpectedly in May
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead…
Nike rallies on efforts to tackle tariff costs as turnaround takes shape
Nike shares surged 13.3% on Friday as an encouraging forecast on the back of its turnaround effort and plans to reduce China production for U.S.-bound…
Brazil Arabica crop harvest advances but many cherries found on ground, experts say
Brazil's 2025 Arabica coffee crop harvest is advancing in key areas though lots of cherries have fallen to the ground in some places, two experts…
Beijing ties cognac deal to EV tariff talks with Europe
France's cognac makers have reached a tentative deal on minimum import prices for the Chinese market, but China will finalise it only if progress is…
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