Economy
US producer prices up 2.6% in May
Monthly increase at 0.1% in May, according to US Bureau of Labor Statistics
US producer prices up 2.6% in May
Monthly increase at 0.1% in May, according to US Bureau of Labor Statistics
Wall Street ends lower as US and China reach new trade deal
Nasdaq falls 0.50%, S&P 500 off 0.27%, while Dow mostly unchanged
US commerce secretary says tariffs on China won't change again
20% fentanyl tariffs, 10% reciprocal tariffs and 25% tariffs from Trump's 1st term to remain on China, says Howard Lutnick
China needs to be reliable partner in trade negotiations: US treasury chief
'China has a singular opportunity to stabilize its economy by shifting away from excess production towards greater consumption,' Scott Bessent says
European stocks close mostly lower as US and China reach new deal
Stoxx 600 down 0.27%, Germany's DAX loses 0.16%, France's CAC drops 0.36%, while UK's FTSE gains 0.13%
South Korea’s stock market rises to 3-year high
Korea Composite Stock Price Index climbs 35.19 points, or 1.23%, to end at 2,907.04, its highest close since Jan, 14, 2022, when it reached 2,921.92 points
