The unemployment rate was 6.3% in June for a fourth consecutive month, but signs of a…
Month: July 2025
Asian Factory Activity Stays Subdued as Tariff Deadline Looms
Asia factory activity ended the second quarter on a weak note, as U.S. tariff uncertainty weighed…
U.S.’s Sluggish Factory Activity Persists Amid Trade Uncertainty
U.S. manufacturing activity contracted for a fourth straight month in June, indicating continued uncertainty among firms…
Meanwhile, Bank of England Gov. Bailey says that the ‘direction of interest rates continues to be downwards’
The central bank’s key interest rate is below the level at which it neither stimulates nor…
Eurozone Inflation Hits 2% Target, Raising Chance of ECB Rate Hold
Consumer prices in June were 2% higher than the same month last year, up from the…
Fed Chair Jerome Powell said steady economic activity would allow the central bank to wait and see the effects that tariff increases have on prices and economic growth before resuming interest-rate reductions
Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the…
Most Americans feel democracy is theatened, poll shows. And, Mamdani speaks with NPR
A new poll shows that 76% of Americans believe democracy is facing a serious threat. And,…
Trump tours ‘Alligator Alcatraz,’ a day before its first arrivals are expected
During their visit, Trump administration officials said the facility should be operational within 24 hours —…
Sean Combs trial update: The jury is deliberating over a complex set of charges
The hip-hop mogul faces an overlapping set of charges that include sex trafficking and racketeering conspiracy.…
Remembering veteran PBS newscaster Bill Moyers
Moyers, who died June 26, worked as a special assistant to President Lyndon Johnson before becoming…