What Is The Digital Euro And How Will It Work
The report said the digital euro would be an electronic form of central bank money available directly to the public while physical cash remains in circulation.
Economy
TIPP Poll data on Americans' perception of the economy is the foundation for this section. Topics covered include U.S. consumer confidence, consumer sentiment, job market, economic growth, recession, financial stress, economic outlook, personal financial outlook, federal economic policies. We also cover trade, taxes, and debt. Our TIPP economic optimism index, financial stress index, job sensitivity metrics, and other polling on current economic issues drive the discussions.
Why Are Economists Warning About AI's Impact On Jobs
The report said the letter, titled "We Must Act Now," argues that AI could become significantly more powerful over the next decade, increasing the risk of widespread job displacement.
Bosch Begins Sample Production At First U.S. Chip Plant
The report said Bosch acquired the Roseville, California, facility in 2023 and invested about $2 billion to modernize it.
U.S. June Budget Deficit Widens To $120 Billion
The report said the Treasury collected $23.6 billion in customs duties during the month but paid out $49.2 billion in tariff refunds, resulting in a net outflow.
U.S.-Iran Strikes Keep Treasury Yields Muted
The 10-year Treasury yield remained near 4.47%, while the two-year yield edged slightly higher, reflecting expectations around future Federal Reserve policy.
California Senator Presses Canada To Lift Wine Ban
While Saskatchewan and Alberta have resumed stocking U.S. spirits, Ontario and Quebec continue to enforce the restrictions.
U.S. Urges Iran To Guarantee Safe Passage Through Strait Of Hormuz
According to the report, senior U.S. officials want Tehran to provide assurances that ships transiting the strategic waterway will no longer face threats.
U.S. Equity Funds See Strongest Inflows In Three Weeks
The report said expectations for robust second-quarter earnings in the technology sector fueled demand.
SK Hynix Raises $26.5 Billion In U.S. Market Debut
According to the report, investor enthusiasm surrounding artificial intelligence has fueled a sharp rise in demand for memory chips, helping drive the company's stock up 634 percent over the past year.
How Are Wealthy Families Reshaping The Private Staffing Market
Private chefs in the United States can now earn between $100,000 and $300,000 annually,
Postal Service Increases Stamp Prices Again
The report said the Postal Service continues to face long-term financial challenges after operating at a loss for the past decade.
Ohio Named America's Top State For Business in 2026
The state is also home to 224 existing data centers, reinforcing its growing role in technology and infrastructure development.
Weekly U.S. Unemployment Claims Dip Slightly
According to the U.S. Labor Department, 215,000 Americans filed initial jobless claims in the week ending July 4, down 2,000 from the previous week and below analysts' expectation of 220,000, reported by FactSet
NATO: How Did European Leaders Respond To Trump's Remarks
NATO Secretary General Mark Rutte acknowledged Trump's disappointment but noted that European countries had supported U.S. operations by allowing American aircraft to operate from bases across Europe.
The Economics And Ethics Of Interest Rates
This corresponds roughly to what in everyday language is meant by profit. Adam Smith and classical economists had indeed spoken of profit rather than interest when they spoke of the said difference.