The U.S. Supreme Court handed conservatives major victories on presidential power, immigration, elections and social issues during its nine-month term, while placing significant limits on President Donald Trump’s agenda.
The ECB is considering doubling the proportion of cash lenders must keep as reserve in an unremunerated account, six sources told Reuters, which would cut the central bank’s own interest bill and mitigate the side effects of its inflation fight.
Russians are more pessimistic about the state of their economy than at any time in the past 20 years, and a majority say living standards are worsening, polling organisation Gallup said in a survey published on Tuesday.
Germany is demanding a €400 billion ($456 billion) cut to the European Commission’s proposed budget of €2 trillion for 2028-2034, warning that the current plans are “unaffordable,” according to an internal government document seen by Reuters on Tuesday.
The Magnificent Seven stocks may be nearing an important turning point after a sharp June selloff. The big question now is whether buyers step in soon, or whether the decline has further to run.
Soaring stock market valuations, dramatic swings in the market value of trillion-dollar companies, and periodic sharp selloffs have fueled growing concerns that parts of the U.S. stock market may be in a bubble.
The U.S. stock market faces a gauntlet of tests to keep its rally going in the second half of 2026, from the sustainability of AI spending to a high corporate earnings bar and the outlook for interest rates under a Federal Reserve with a new chairman.
Wall Street’s main indexes were on course to close June with their strongest quarterly gains in years, highlighting the resilience of equities despite geopolitical challenges.
The arrival of President Donald Trump’s son-in-law Jared Kushner and envoy Steve Witkoff in Doha followed exchanges of fire over the weekend that tested the June 17 interim accord.
Britain said on Tuesday it could intervene in Paramount Skydance Corp’s proposed takeover of Warner Bros Discovery , potentially holding up the $110 billion deal after the U.S. and China gave it the green light.