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Pakistan's finance minister presents country's next budget21:41 Pakistan's finance minister has presented the new budget to lawmakers, a draft that hikes defense spending by 18% while trimming funding for development programs and offering modest tax reliefs for salaried workers Officials say sprinklers at medical equipment warehouse didn't work during blaze21:09 Fire officials say crews responding to a blaze that destroyed a massive medical equipment warehouse in a Northern California city were hindered by sprinklers and hydrants that weren’t working Kalshi to collect employment info from customers trading in some high-risk markets21:09 Kalshi will start collecting customer employment information for trading in certain high-risk markets Home sales surge to the fastest pace this year despite rising mortgage rates, prices21:09 Sales of previously occupied U.S. homes accelerated last month to their fastest pace since December, a sharp turnaround in demand for the housing market after a lackluster start to the spring homebuying season Inflation rises to a 3-year high on spiking gas prices, squeezing Americans financially21:09 Consumer prices probably jumped in May for the third straight month, heightening concerns for the inflation fighters at the Federal Reserve and underscoring the threat rising costs pose for the Trump administration as midterm elections near World shares surge and oil prices slip after Trump claims a breakthrough in Iran war talks11:00 World shares have advanced in the wake of big Wall Street gains, while oil prices slipped more than 1% after U.S. President Donald Trump claimed there was a breakthrough in talks on ending the Iran war Opening of Canada-US bridge that Trump threatened to block is delayed over unresolved 'issues'3:30 The opening of a Canadian-U.S. bridge across the Detroit River, which President Donald Trump had previously threatened to block, has been delayed due to unresolved issues Appeals court says U.S. government can keep collecting 10% tariffs for now23:48 The U.S. government can continue collecting the 10% worldwide tariff it imposed in February while legal challenges to the levies continue to work their way through the courts, a federal court ruled Thursday Melania Trump unveils a spinoff of Trump Accounts for foster kids11.června First lady Melania Trump and Treasury Secretary Scott Bessent have announced the launch of Fostering the Future Accounts Average US long-term mortgage rate rises to 6.52%, just below its high for the year11.června The average long-term U.S. mortgage rate ticked up this week to just below its high for the year, the latest sign that borrowing costs on home loans remain elevated relative to where they were before the war with Iran started US producer prices rose 6.5% on higher energy prices, largest yearly jump since 202211.června U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by surging energy prices US jobless aid filings rise to 229,000 last week, remain historically low despite war11.června U.S. applications for jobless aid rose modestly last week, but remain at a historically low level despite economic headwinds brought on by the war in Iran |
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