The number of people who filed for unemployment benefits dropped to 215,000 in the week through June 25, lower than the upwardly revised 227,000 reported a week earlier.
Source link
U.S. Jobless Claims Fell Last Week
War with Iran has halted a hard-won improvement in housing affordability. The problem is rising mortgage rates on the back of worries that the energy crisis will stoke inflation. Read more in today's Markets A.M. newsletter:
Plus, a geothermal power play and Iran confusion. Source link
World Trade Grew Strongly at Start of Year on AI Boom
World trade flows continued to increase at a rapid pace in the first three months of the year, boosted by the boom in AI-related investment. […]
India’s Central Bank Holds Rates as Iran Crisis Keeps Risks High
India’s central bank held rates steady on Friday, staying on pause as it gauges the impact of the Middle East conflict on the country’s currency […]