Fed's Daly: Policy is in a good place

IRAN'S TASNIM: TEXT OF MOU WITH US HAS CHANGED IN RECENT DAYS The text has not been finalized yet, and if it is finalized, it will be officially announced. For this reason, the texts that Western media have published so far as part of the main text are inaccurate.

*CHEVRON WOULD NOT PAY IRAN TOLL FOR STRAIT OF HORMUZ, CEO SAYS *CHEVRON HAS SIX SHIPS IN STRAIT OF HORMUZ CURRENTLY, CEO SAYS *CHEVRON SEES MORE PIPELINES BUILT TO BYPASS STRAIT OF HORMUZ

The inflation rate in Germany is expected to be +2.6% in May 2026. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. ...

The international trade deficit was $82.4 billion in April, down $2.9 billion from $85.3 billion in March. Exports of goods for April were $219.7 billion, $8.5 billion more than ...

Real gross domestic product (GDP) was unchanged in the first quarter of 2026, after declining 0.2% in the fourth quarter of 2025. Higher imports of goods, particularly gold, were offset by accumulations of business inventories. Decreased business and government capital investment was counterbalanced by higher household spending, as final domestic demand edged 0.1% lower. On a per capita basis, real GDP increased 0.2% in the first quarter of 2026, as the population declined for a second consecutive quarter and GDP remained unchanged. Imports rose 2.9% in the first quarter of 2026, with roughly half of the rise coming from intermediate metal products and waste and scrap metal, both of which were driven by gold imports. Excluding these two categories, imports rose at less than half the pace (+1.2%), led by higher purchases of passenger cars and light trucks and industrial machinery and equipment. In contrast, imports of pharmaceuticals and medicinal products declined in the first quarter, as did travel imports, as fewer Canadians travelled abroad. Canada Dips Into Technical Recession for First Time Since 2020 - The Canadian economy edged into a technical recession as weak business and government spending drove a slight contraction in the first quarter. -Real gross domestic product fell by 0.1% on an annualized basis…