Rate-Cut Optimism Buoys Wall Street
Bonds extend their rally after second batch of soft inflation data.
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Wholesale Prices Ticked Up in May
The 0.1% rise was a notch below the 0.2% increase that economists had expected.
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Carney Says Trump Meeting at G-7 Summit to Determine Fate of U.S.-Canada Tariff Deal
The Canadian prime minister said officials in Ottawa and Washington are in intense talks on a new economic-and-security pact, but there is no deal yet.
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Iran Says It Will Open Secret New Enrichment Site After U.N. Atomic Agency Censure
Tehran's move casts a fresh shadow over nuclear talks with Washington, while President Trump says an Israeli strike "could very well happen."
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Dollar's Slump Is Worst Since 1980s. Don't Expect a Quick Rebound.
The currency is falling despite factors that ordinarily would support it.
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U.S. Natural Gas Storage Improves, But Long-Term Challenges Remain
U.S. natural-gas storage levels have improved since a colder-than-expected winter drained inventories, but rapid growth in liquefied natural-gas exports is causing concerns that the demand will result in higher prices later this year - and beyond.
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Jobless claims hold steady at 8-month high. Economists blame the end of the school year.
While there are signs of softening, there is "no evidence that the labor market is rolling over," according to one economist.
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U.K. Economy Shrinks on Tariff Hit
Production at the country's factories contracted more than expected in April as evolving U.S. trade policy brought a halt to a surprising surge in activity.
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ECB Now More Concerned by Threat of Slow Growth, De Guindos Says
His comments suggest the central bank may not be finished with its sequence of rate cuts given the threat to growth posed by higher U.S. tariffs.
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Saudi Arabia Is Grabbing Oil-Market Share, but It Can Open the Tap Only So Far
Riyadh wants to squeeze U.S. frackers, although an all-out price war would be costly.
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Supply Chains Become New Battleground in the Global Trade War
The U.S.-China talks on trade resemble arms-control negotiations, with export controls being the key weapons in each side's arsenal.
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Trump's Fed Chair Pick Could Come Soon. Who the Contenders Are.
The president appears ready to rewrite the playbook for appointing leaders at the central bank.
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Bitcoin Price Falls. Why Crypto Volatility Is a Thing of the Past.
Looking at history, Bitcoin could do well for about another year, then see a down year in 2026, Cantor Fitzgerald analyst says.
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Inside the Race to Cash in on Fannie and Freddie
Investors, mortgage lenders, and the government all see an angle. How it ends isn't clear.
(END) Dow Jones Newswires
June 12, 2025 17:00 ET (21:00 GMT)
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