Since the start of summer, many countries in Western Europe have been hit by persistent extreme heat, causing residents' demand for cooling to surge and pushing up the load on the power grid.
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Federal Reserve Chair Warsh, at the European Central Bank Forum, reiterated the stance of "relying on real-time data for decision-making" and "not providing explicit forward guidance on interest rates."
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AP, New York — Comprehensive reforms to federal student loans rolled out under President Donald Trump’s landmark legislative package will officially take effect on July 1.
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At the end of June 2026, the latest report from OMFIF released a milestone signal: the number of central banks globally planning to reduce their dollar reserves for the long term exceeded the number increasing their holdings.
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At the EU summit in June this year, German Chancellor Merkel publicly declared that the Chinese yuan was "undervalued by 30%" and called on the EU to replicate the "Plaza Accord" that suppressed Japan in 1985, jointly pressuring the yuan to appreciate significantly in order to smooth out the trade deficit between China and Europe and curb China's manufacturing advantage.
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The early warning reports released sequentially in June 2026 by the World Bank, the Bank for International Settlements (BIS), and the International Monetary Fund (IMF) sketch a landscape of global economic risks spreading deeply from the real economy into the financial and fiscal systems.
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On June 29 local time, the U.S. Supreme Court rejected the President’s unilateral attempt to dismiss Federal Reserve Governor Lisa Cook in a 5–4 ruling.
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According to the cryptocurrency industry media Decrypt, due to the impact of the higher-than-expected inflation data released by the United States, the price of Bitcoin has dropped to $58,000 recently, hitting a new low since September 2024.
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AP, New York – All three major U.S. stock indexes closed higher on Monday, halting a five-session losing streak and recouping part of the losses from a rare weekly downturn.
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On June 29th local time, the Asia-Pacific financial markets experienced intense fluctuations.
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According to a report by The Wall Street Journal on July 22nd, due to the failure of Congress to pass the new fiscal year spending bill, the US federal government will face another partial shutdown starting from July 24th.
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