Mideast Cease-Fire Pushes Stocks Higher and Oil Lower
S&P 500 advances to within 1% of a record high set in February.
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Trump Set on Tariff Demands as Canada Negotiations Head Toward Deadline, Canadian Ambassador Says
In the short-term, Canada is trying to get the U.S. to back down from 50% tariffs on steel and aluminum imports and levies on autos, said Kirsten Hillman, Canada's ambassador to the U.S.
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Powell Reaffirms Wait-and-See Posture on Rate Cuts
The Fed chair told lawmakers that the central bank remains focused on ensuring one-time price hikes from higher tariffs won't become an ongoing inflation problem.
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ECB's Challenge Is to Ensure Short-Term Price Shifts Don't Become Long-Lasting, Says Lane
Policymakers have to make sure the medium-term inflation target is protected in a volatile environment, the ECB's chief economist says.
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U.S. Home Price Growth Cools to Near-Two-Year Low
U.S. home prices rose at the slowest annual pace in nearly two years as mortgage prices continued to stretch affordability.
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Survey Shows U.S. Consumer Confidence Worsened in June
U.S. consumer confidence slipped in June, reversing an improvement in May, according to the Conference Board.
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Canada Inflation Steady at 1.7% in May
Inflation in Canada steadied in May as drivers paid less at the pump and hefty rent increases continued to cool, though the central bank may still lack a clear enough signal to cut interest rates again
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Big Banks, Worried About Being Trump's Next Target, Race to Appease Republicans
Texas and Oklahoma have banned some banks from state contracts, saying they discriminate against the gun and fossil-fuel industries.
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BOE's Ramsden Says Vote for Rate Cut Consistent With Careful and Gradual Approach
The central bank deputy governor says the job market is cooling in a sustained, rather than abrupt manner.
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Trump Warns GOP: No Vacation Until Tax Megabill Is Done
Medicaid, energy, deficits and state and local tax deductions all challenge the Republican Party ahead of a self-imposed July 4 deadline.
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Thailand's Rate Decision Comes as Politics Cast Cloud Over Economy
The exit of the second-largest party in Thailand's ruling coalition has left the Prime Minister's party hanging by a thread, amid calls for her resignation, analysts say.
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U.S. Attack on Iran Injects Uncertainty Into Already Uncertain Economy
On-and-off trade battles, hot wars and deportations make it tough to predict where the U.S. economy is headed.
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German Business Sentiment Climbs as Expectations Brighten
Firms shrugged off much of the impact of tariffs on Europe's economy.
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The Middle East Is in Turmoil. U.S. Frackers See No Reason to Pump More Oil.
Well-supplied markets and weakening demand for crude concern American drillers.
(END) Dow Jones Newswires
June 24, 2025 21:00 ET (01:00 GMT)
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