Trump Not Open To Tehran's Latest Proposal As 'Tank Tops' Loom, Claims Iran "Informed Us They Are In State Of Collapse"

A Fed Rate-Hike Would Be A Serious Mistake Authored by Daniel Lacalle, The latest U.S. inflation report and jobs data do not justify another interest rate increase. Additionally, June data show that inflation is slowing down, especially in the core CPI measure that is most closely watched by monetary authorities, while ongoing tightening is stopping the labor market from reaching its full potential. Hiking rates while maintaining elevated liquidity harms families and small businesses and perpetuates the very factors that drive inflation, including rising money supply and government spending. Keeping rates above the neutral...

Key Events This Week: Payrolls, Quarterly Refunding, Confidence, And More Earnings Key data releases this week will be the US April jobs report and the University of Michigan’s consumer survey. Other economic events feature the US Treasury quarterly refunding announcement and rate decisions in Australia, Norway and Sweden. Corporate earnings include AMD, Palantir and Rheinmetall. The focus this week will be on the US April jobs report due Friday. Economists see payrolls up +65k in April, down from +178k in March, with a slightly faster earnings growth rate (+0.3% vs +0.2% in...

America's $31 Trillion Economy By State As the United States approaches its 250th anniversary in 2026, its economy has grown to nearly $31 trillion, making it the world’s largest by a wide margin. Using the latest estimates from the U.S. Bureau of Economic Analysis (BEA), this visualization, via Visual Capitalist's Gabriel Cohen, ranks every state by nominal GDP in 2025, showing how each contributes to national output. California: The Economic Engine of America If California were an independent country, it would have the world’s fourth-largest economy, behind only the U.S., China, and Germany,...