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What’s good for the US economy now may not be good for stocks

The U.S. economy and the U.S. stock market are starting to go their own ways.

June 29, 2026
News

Wall St indexes climb as US, Iran halt attacks; Comcast surges on spin-off plan

Wall Street’s main indexes gained on Monday as recent hostilities between the U.S. and Iran ​eased, while Comcast shares soared on plans to split into two companies.

June 29, 2026
News

Italy and Balkans endure heatwave, US also faces soaring temperatures

Italy and the Balkans felt the impact of a record-breaking heatwave that has caused hundreds of excess deaths and disrupted ​daily life across the continent for more than a week, with growing concerns over the spread of wildfires.

June 29, 2026
News

Aftershock hits Caracas as rescue efforts enter critical hours in Venezuela

Residents of Caracas woke up to an aftershock that rocked their houses, while rescue teams continued their fourth day of round-the-clock ​work in the areas affected by last week’s powerful earthquakes in Venezuela.

June 29, 2026
News

Israel-Lebanon deal may entrench stalemate rather than end war, analysts say

A security deal between Israel and Lebanon risks entrenching a stalemate rather than resolving Israel’s underlying conflict with Hezbollah by tying Israel’s pullout from southern Lebanon to ​the Iran-aligned group’s disarmament, a condition regional analysts and politicians say is unattainable.

June 29, 2026
News

US Supreme Court endorses grace periods for mail-in ballots

The U.S. Supreme Court backed on Monday state laws that allow mail-in ballots received after Election Day to be counted, rejecting a Republican-led challenge to a five-day grace period in Mississippi and dealing a ​setback to President Donald Trump.

June 29, 2026
News

Supreme Court backs Trump’s firing of FTC member, overturns precedent

The U.S. Supreme Court on Monday backed Donald Trump’s firing of a Democratic Federal Trade Commission member, expanding his powers ​over the government and overturning its 1935 precedent that had recognized the authority of Congress to protect leaders of certain regulatory agencies from presidential removal at will.

June 29, 2026
News

Fed’s Lisa Cook made history even before battling Trump

Federal 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.

June 29, 2026
News

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

The 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.

June 29, 2026
News

US Supreme Court rebuffs Trump’s appeal in E. Jean Carroll case

The Supreme Court declined to hear Trump’s bid to overturn a $5 million ​verdict in favor of E. Jean Carroll in a case in which a jury found him ‌liable for sexually abusing the former magazine columnist and then defaming her.

June 29, 2026

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Recent Posts

  • Gold set for worst quarterly loss in 13 years on hawkish Fed stance
  • Foreign investors buy record amounts of Canadian government debt, lowering Carney’s borrowing costs
  • Hundreds of thousands of Lebanese head home as fighting eases, many still stranded
  • Trump reports more than $1.4 billion in income from crypto ventures
  • Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminium

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