The United States has announced more than $1 billion in humanitarian and disaster response assistance to UNICEF and the World Food Program through new global macro awards, which cover life-saving support in more than 40 countries. This announcement builds directly on the success of the Trump Administration's...
In an effort to combat global drug and precursor chemical trafficking, the G7 summit has decided to create "7+ Ports Network to Combat Drug Trafficking'. The new initiative aims to reinforce cooperation between G7 members and their partners' main maritime ports in coordination with the European Ports...
Retail sales in the U.S. increased by much more than expected in the month of May, according to a report released by the Commerce Department on Wednesday. The Commerce Department said retail sales grew by 0.9 percent in May after rising by a downwardly revised 0.4 percent in April. Economists had expected retail sales to climb by 0.5 percent.
Following the mixed performance seen in the previous session, stocks may show a lack of direction in early trading on Wednesday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures up by just 0.1 percent. Traders may be reluctant to make...
Subdued futures point to a flat to slightly negative start on Wall Street Wednesday morning. The focus will be on the Federal Reserve's monetary policy announcement due later in the day.
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.