[en-US] Business : Economy – Latest

US consumers, businesses squeezed by inflation, Fed survey shows - Reuters

1. US consumers, businesses squeezed by inflation, Fed survey shows  Reuters
2. Fed’s Beige Book Shows Steady Employment, Higher Inflation  Bloomberg.com
3. Energy Costs Continue to Feed Inflation, Fed’s Beige Book Shows  WSJ
4. Fed report shows uncertainty remains a headwind for Arkansas’ economic growth  The Arkansas Democrat-Gazette
5. ‘Squeezing more life out of every dollar’: How inflation is forcing a new reality on American families and amplifying the economy’s ‘K shape’  MarketWatch

US services sector expands in May; supply constraints raise prices - Reuters

1. US services sector expands in May; supply constraints raise prices  Reuters
2. Services PMI® at 54.5%; May 2026 ISM® Services PMI® Report  PR Newswire
3. US Services Activity Picks Up as Price Gauge Extends Surge  Bloomberg.com
4. Gold off session lows after ISM Services PMI rises to 54.5 in May  KITCO
5. The Iran war hasn’t slowed the economy, but higher inflation leads companies to freeze hiring  MarketWatch

Why some home owners are at risk of slipping into negative equity - Australian Broadcasting Corporation

Scott Bessent says US inflation jump will be ‘short-term blip’ - Financial Times

1. Scott Bessent says US inflation jump will be ‘short-term blip’  Financial Times
2. Bessent Invokes Language on Inflation That Caused Yellen Trouble  Bloomberg.com
3. Bessent Says US Has 'Makings' Of One Of The Strongest Economies In History, Says 'Temporarily Elevated Prices' Will Come Down  TradingView
4. White House rejects ‘doomer view’ of economy  Semafor
5. Treasury Secretary calls economy 'challenging' as inflation rises and growth slows  WBFF

Britain's Borrowing Outlook Darkens as Energy Shock Deepens - Crude Oil Prices Today | OilPrice.com

1. Britain's Borrowing Outlook Darkens as Energy Shock Deepens  Crude Oil Prices Today | OilPrice.com
2. UK budget watchdog will factor stickier inflation into next forecasts  Reuters
3. Reeves' budget headroom could be slashed as oil inventories hit 'critical levels'  MSN
4. Inflation persistence to impact UK budget forecasts, Watchdog Says  Investing.com UK
5. UK budget watchdog to factor stickier inflation into fiscal forecasts  Traders Union

Trump says Venezuela’s economy has people ‘dancing in the streets.’ Not quite. - The Washington Post

Column | Millions of Americans are paper-wealthy, wallet-poor - The Washington Post

1. Column | Millions of Americans are paper-wealthy, wallet-poor  The Washington Post
2. Fewer Than One in Five Financially Fulfilled in U.S., Canada  Gallup News
3. Are you financially fulfilled? If not, your retirement plans are in danger.  MarketWatch
4. America’s New Financial Middle: Not in Crisis, Not Thriving Either  WSJ
5. Only one in ten Canadians feels financially fulfilled, study finds  Benefits and Pensions Monitor

Inflation elevated but lacks breadth of past episodes - Citi (SP500:) - Seeking Alpha

1. Inflation elevated but lacks breadth of past episodes - Citi (SP500:)  Seeking Alpha
2. Inflation is at a three-year high — and now many Americans are burning through their savings  CNN
3. Key inflation gauge worsens as Americans’ income and spending power erodes  AP News
4. It’s not just high gas prices – inflation is now spreading through the US economy  Salon.com
5. Charting the Global Economy: Inflation Hits Incomes and Spending  Bloomberg.com

Resilient Saudi economy proves a draw for wartime Gulf business - Reuters

1. Resilient Saudi economy proves a draw for wartime Gulf business  Reuters
2. Saudi's wartime resilience  Reuters
3. IMF affirms: Saudi Vision 2030 reforms have helped improve policymaking and calls for a reduction in the primary deficit  صحيفة مال
4. Saudi PMI advances to 52.8 pts in May  أرقام
5. Saudi economy to expand 4.3% in 2027 despite regional tensions: OECD  Arab News

Ranked: Inflation Forecasts in G20 Economies - Visual Capitalist

Fed's Williams: Higher energy prices are driving up costs and inflation - Yahoo - Forex Factory

1. Fed's Williams: Higher energy prices are driving up costs and inflation - Yahoo  Forex Factory
2. Fed’s Williams Says No Obvious Direction Ahead for Rates  Bloomberg.com
3. Fed policy is in 'right place' amid inflation risks, Williams tells Yahoo Finance  Reuters
4. NY Fed’s Williams Says Oil Shock Shouldn’t Stick  Finimize
5. Williams: New tariffs unlikely to impact inflation significantly  Crypto Briefing

Russia’s Multi-Billion Payouts to Refiners Dent State Revenues - Bloomberg.com

1. Russia’s Multi-Billion Payouts to Refiners Dent State Revenues  Bloomberg.com
2. Russia's gains from higher oil prices eaten up by burning refineries  Українська правда
3. The war in the Middle East supports a 32% increase in Russia's oil and gas revenues in May  المتداول العربي
4. Russia spent record amounts to support refineries after attacks  Прямий
5. Russia’s Oil and Gas Tax Revenue Rises 32.4% in May on Higher Oil Prices  Egypt Oil & Gas

Is the dot-plot already dead? (US2Y:) - Seeking Alpha

1. Is the dot-plot already dead? (US2Y:)  Seeking Alpha
2. The Federal Reserve Requires Better Communication, Not Less  Bloomberg.com
3. Kevin Warsh set to revamp Federal Reserve’s signalling to Wall Street  Financial Times
4. To dot or not? Warsh's first Fed rate projection could out his views to the public - and Trump  AOL.com
5. Wash plans to overhaul the Federal Reserve's 'forward guidance' on interest rates  富途牛牛

ECB June hike a done deal, another likely in September, economists say - Yahoo Finance

Weaker Start on Renewed Bombing, But Still In The Range - Mortgage News Daily

1. Weaker Start on Renewed Bombing, But Still In The Range  Mortgage News Daily
2. Minimal Change After Overnight Volatility  Mortgage News Daily
3. Uncommonly Uneventful Day  Mortgage News Daily
4. Flat Overnight And Slow Start  Mortgage News Daily
5. Good Reminder That The Market Gets to Decide What Matters  Mortgage News Daily

'Not a single dollar left': demand for foreign currency soars after Bank of Israel rate-cut signal - Ynetnews

1. 'Not a single dollar left': demand for foreign currency soars after Bank of Israel rate-cut signal  Ynetnews
2. Why the Bank of Israel Isn't Fighting the Dollar's Sharp Decline: Trump  Haaretz
3. The shekel surge and the future of Israeli high-tech  CTech
4. Israel rates may fall faster if Iran ceasefire lowers inflation, cenbank chief says  Reuters
5. Shekel at 30-year high: Israel’s economy defies wartime gravity  Capmad.com

One million Americans have vanished from the new-car market — and it’s exposing a chilling US middle-class crisis - Yahoo Finance

1. One million Americans have vanished from the new-car market — and it’s exposing a chilling US middle-class crisis  Yahoo Finance
2. One Million New-Car Buyers Are Gone and They’re Not Coming Back Soon  WSJ
3. As 1 Million New Car Buyers Vanish From U.S. Economy, a New Car Increasingly Becomes a Distant Dream  Gizmodo
4. Sky-High Prices Have Booted A Million People From The New Car Market  CarBuzz
5. One Million New-Car Buyers Have Been Driven Out Of The Market By High MSRPs, High Interest Rates, High Inflation And High Gas Prices  Jalopnik

US retailers brace for bigger consumer stress test as war drags on - Reuters

1. US retailers brace for bigger consumer stress test as war drags on  Reuters
2. 5 economic signals suggest U.S. consumers are feeling the strain  CBS News
3. Five Signs Americans Are Getting Squeezed This Summer  Newsweek
4. - Gas prices have substantially eroded take-home pay and tax refunds - Profit Inflection Point  thelegaladvocate.com
5. Trump’s Tax Cuts Are Showing Up in Paychecks - But Inflation May Be Wiping Out the Savings  AOL.com

ADP National Employment Report: Private Sector Employment Increased by 122,000 Jobs in May; Annual Pay was Up 4.4% - PR Newswire

1. ADP National Employment Report: Private Sector Employment Increased by 122,000 Jobs in May; Annual Pay was Up 4.4%  PR Newswire
2. Private payrolls grew by 122,000 in May, stronger than expected, ADP reports  CNBC
3. Private sector adds 122,000 jobs in May, above expectations, ADP says  Fox Business
4. Jobs data live updates: US sees 'broad-based' private sector hiring, led by education and health jobs  Yahoo Finance
5. US Companies Add 122,000 Jobs, Most Since January 2025  Bloomberg.com

Ranked: America’s Biggest Industries by Economic Output - Visual Capitalist

Americans' financial literacy sags to a new low - Yahoo Finance

1. Americans' financial literacy sags to a new low  Yahoo Finance
2. Americans' financial literacy slumps to a 10-year low, new study finds  CBS News
3. More than half of Americans are not financially literate, survey finds  Yahoo Finance
4. Polled Adults Score 37% on Retirement Know-How, per Study  planadviser
5. Financial literacy in America is slipping, trend could hurt future retirement security  WKRC

Yes, Living Standards Have Grown Slower in Northwest Europe than in the U.S. - The Overshoot

1. Yes, Living Standards Have Grown Slower in Northwest Europe than in the U.S.  The Overshoot
2. Europe Versus America: A Response to the Critics  Paul Krugman | Substack
3. A tale of two EU-US comparisons  Financial Times

Nigeria’s manufacturers lead business rebound as election spending boosts demand despite rising costs - Business Insider Africa

1. Nigeria’s manufacturers lead business rebound as election spending boosts demand despite rising costs  Business Insider Africa
2. Nigeria Private Sector Activity Rises to 9-Month High  TradingView
3. Rising Petrol Cost Pushes Up Purchasing Prices In May – Report  LEADERSHIP Newspapers
4. Private sector activities hit nine-month high as business conditions improve  The Guardian Nigeria News
5. Nigeria Business Confidence Index shows fragile expansion in May 2026 at 104.6  Nairametrics

List prices see sharpest annual decline in nearly a decade - RealEstateNews.com

1. List prices see sharpest annual decline in nearly a decade  RealEstateNews.com
2. Home Listing Prices Post Sharpest Drop in 9 Years as Sellers Face Reality Check  Realtor.com
3. Asking prices drop as cooling market turns in buyers’ favour  AFR
4. Home prices post record drop as buyers rush back into a suddenly ‘cheaper’ market  New York Post
5. U.S. Home Sales Rise Amid Biggest Price Decline in Nearly a Decade  Mansion Global

This man became one of world's richest people without realising it - Euronews.com

1. This man became one of world's richest people without realising it  Euronews.com
2. Turkish man finds $21.8 billion in account as bank launches probe  Khaama Press

Moody's top economist Mark Zandi says: America has a week to secure peace deal, else US economy is likely - The Times of India

1. Moody's top economist Mark Zandi says: America has a week to secure peace deal, else US economy is likely  The Times of India
2. Economist Mark Zandi says Trump has a week to strike Iran deal before US faces a 'real problem'  Business Insider
3. One Scenario Has Oil Hitting $200 a Barrel and the World Tipping Into Recession — and the Strait of Hormuz Is the Trigger  National Security Journal
4. Energy Shock Looms, but Q2 GDP Still Looks Surprisingly Strong  Investing.com India
5. Trump's worst economic bomb is about to drop: analysis  Alternet

A US Housing Crash Is Unlikely in 2026—What Experts Are Watching Instead - Newsweek

1. A US Housing Crash Is Unlikely in 2026—What Experts Are Watching Instead  Newsweek
2. Is the housing market going to crash in 2026?  Yahoo Finance
3. The Mid-Year Housing Market Update: Why Forecasts Changed in 2026  Keeping Current Matters
4. Housing Stagnation for Over 3 Years in New and Existing Home Sales  Investing.com
5. 10 US housing markets gaining attention going into 2026  MSN

Middle East tensions; U.S. proposes forced labor tariffs - what’s moving markets - Investing.com

1. Middle East tensions; U.S. proposes forced labor tariffs - what’s moving markets  Investing.com
2. Dow closes 600 points lower as rising Treasury yields and oil prices pressure stocks: Live updates  CNBC
3. Iran Clashes Spook Stocks  WSJ
4. Stock market today: Dow, S&P 500, Nasdaq retreat from records as hopes fade for quick US-Iran deal fades  Yahoo Finance
5. Wall Street ends lower as Middle East tensions escalate  Reuters

OECD predicts spate of recessions globally if Iran conflict drags into 2027 - The Guardian

1. OECD predicts spate of recessions globally if Iran conflict drags into 2027  The Guardian
2. New forecasts lay out 2 rocky paths for global economy  Axios
3. OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects  CNBC
4. Even if Oil Prices Peak Soon, the Global Economy Will Slow This Year  The New York Times
5. OECD says protracted war could drag on global growth, push up inflation  Reuters

The China Shock 2.0 could destroy Europe as we know it - The Telegraph

1. The China Shock 2.0 could destroy Europe as we know it  The Telegraph
2. China Is Exporting Its Factories Across the World and Spooking the Competition  WSJ
3. China’s comparative advantage is industrial policy  Financial Times
4. Targeted Pressure: How Chinese Manufacturing Competition Impacts US States | Reports & Briefings | Jun 1, 2026  Information Technology and Innovation Foundation (ITIF)
5. Opinion | The China Shock 2.0 May Already Be Here  NDTV

China services activity grows at fastest pace in three months, private PMI shows - Reuters

1. China services activity grows at fastest pace in three months, private PMI shows  Reuters
2. China’s factory activity beats forecasts in May, private survey shows, despite softer official data  CNBC
3. China Services Activity Picks Up in May on Holiday Boost  Bloomberg.com
4. China PMI Signals Manufacturing Held Up While Cost Pressures Rose  WSJ
5. China's factory activity flatlines casting doubt over the economy  Euronews.com

BEA warns Americans on key inflation, consumer spending - thestreet.com

1. BEA warns Americans on key inflation, consumer spending  thestreet.com
2. Fast Food Going Down: What We Learned From the April Consumer Data  CounterPunch.org
3. Flat Personal Income for April  Small Business & Entrepreneurship Council
4. Personal Income, Consumption, and Prices in April: Consumers Soldier on Despite Inflation and Income Issues  Haver Analytics
5. Consumer Spending Is Humming, But There’s a Catch (Actually Two)  Carson Group

US floats new tariffs on 60 economies over forced labor, including China - Nikkei Asia

1. US floats new tariffs on 60 economies over forced labor, including China  Nikkei Asia
2. Trump to impose tariffs on dozens of nations, citing claims of forced labor  The Washington Post
3. How Trump is justifying new tariffs  vox.com
4. Trump is quietly rebuilding his tariff engine  CNN
5. Trump administration floats tariffs on 60 trading partners — including China, U.K., EU — after forced labor probes  CBS News

The changes that could come with decreasing demand for oil - Axios

A Somber Equilibrium: Why a Slower U.S. Labor Market Isn’t Forcing the Fed’s Hand - Forex Factory

China’s AI chip demand is surging – and South Korea is riding the wave - South China Morning Post

1. China’s AI chip demand is surging – and South Korea is riding the wave  South China Morning Post
2. South Korea’s Export Momentum Continues, Backing BOK’s Hawkish Case  Bloomberg.com
3. Chips, AI Keep South Korea’s Export Engine Firing on All Cylinders  WSJ
4. OECD growth forecast for Korea soars to 2.6% on chip exports  Korea JoongAng Daily
5. Why The AI Cycle Isn't A Bubble: Reading The Korean Macro Tape (NYSEARCA:SPY)  Seeking Alpha

Australia's first-quarter economic growth misses estimates on severe weather, weak demand - CNBC

1. Australia's first-quarter economic growth misses estimates on severe weather, weak demand  CNBC
2. Australia’s GDP figures are meaningless when the boom in datacentres means destroying jobs and the climate  The Guardian
3. Australia's economic slowdown is just beginning, experts warn  Australian Broadcasting Corporation
4. Australia’s economy slows as households tighten their belts, while AI investment surges  The Conversation
5. LIVE updates:‘Participation award’: Wilson slams Chalmer’s reaction to GDP figures  AFR

Venezuela Moves to Open Power Sector to Private Investment - Bloomberg.com

1. Venezuela Moves to Open Power Sector to Private Investment  Bloomberg.com
2. Venezuela's legislature gives initial approval to private investment in electricity sector  Reuters
3. Venezuela Wants Oil Firms to Supply Their Own Power  Rigzone
4. Venezuela plans to open energy sector to private investors  Українські Національні Новини (УНН)
5. Chevron (CVX) Faces Power Challenges in Venezuela's Oil Fields  GuruFocus

U.S. oil reserves near 40-year low at 365 million barrels - WISN

1. U.S. oil reserves near 40-year low at 365 million barrels  WISN
2. Donald Trump’s Iran war drains US oil supplies to lowest level since 2004  Financial Times
3. Emergency oil reserve nears 40-year low as experts warn gas prices could spike  KCRA
4. US crude stocks fall on strong export, refining demand, EIA says, as Iran war continues  Reuters
5. U.S. Gasoline Inventories Are Falling At A Record Pace  Forbes

How China’s Wealthy Sidestep Strict Rules to Get Money Out of the Country - Bloomberg.com

Russia’s China Energy Lifeline Is Becoming a Noose - Yahoo Finance

1. Russia’s China Energy Lifeline Is Becoming a Noose  Yahoo Finance
2. Factbox-Russia's growing energy ties with China since the Ukraine war  Yahoo Finance

Teens face tougher summer job market this year - 5 EYEWITNESS NEWS

1. Teens face tougher summer job market this year  5 EYEWITNESS NEWS
2. Local businesses impacted by historic low teen summer jobs  FourStatesHomepage.com
3. Columbia program helps teens find summer jobs amid decline in hiring  KOMU 8
4. Teens are up against the worst summer job market in nearly 80 years—they’re fighting against hundreds to work at ice cream shops and swimming pools  Fortune

Mortgage Rates Move Modestly Lower - Mortgage News Daily

1. Mortgage Rates Move Modestly Lower  Mortgage News Daily
2. Mortgage rates are easing slightly, but homebuyers are retreating  CNBC
3. Mortgage Rates Today, June 3, 2026: 30‑Year Refinance Rate Drops by 1 Basis Point  Norada Real Estate Investments
4. Mortgage and refinance interest rates today, Wednesday, June 3, 2026: Rates reverse course and rise  Yahoo Finance
5. 3 ways to get a mortgage loan rate below 6% this June  CBS News

US job openings rise by the most since 2021; hiring weak amid economic uncertainty - KSL.com

Carney attributes ‘weakness’ in economic data to lower immigration targets - The Globe and Mail

1. Carney attributes ‘weakness’ in economic data to lower immigration targets  The Globe and Mail
2. Canada Dips Into Technical Recession for First Time Since 2020  Bloomberg.com
3. Canada is in a technical recession, economists say. Here’s what that means  CTV News
4. Canada’s Carney Says GDP Weakness Reflects Policy Shifts to Rebuild Economy  WSJ
5. What Canadians need to know about a 'technical recession'  CBC

Oil tops $100 as South Africa withdraws fuel relief, exposing motorists to a new energy shock - Business Insider Africa

1. Oil tops $100 as South Africa withdraws fuel relief, exposing motorists to a new energy shock  Business Insider Africa
2. South Africans set to pay the highest petrol price in history  Business Tech
3. Logistics sector pressure remains despite diesel price cut  freightnews.co.za
4. Caught in the crossfire between the fuel pumps and the reserve bank  thepost.co.za
5. SA’s fuel supply and the Iran war: data black holes and low strategic stock put the country at risk  Bizcommunity

A $100 oil shock could expose the South Africa’s biggest economic weakness-S&P warns - Business Insider Africa

1. A $100 oil shock could expose the South Africa’s biggest economic weakness-S&P warns  Business Insider Africa
2. S&P flags Middle East oil risk for South Africa, warns low growth an outlier among peers  Reuters
3. South Africa's fiscal targets on track despite Iran war, Treasury says  Polity.org.za
4. SA’s reforms held under global pressure, but the work isn’t done  Moneyweb
5. Moody’s revises South Africa outlook to positive, affirms Ba2 rating  Africa Business Communities

Japan's local banks flee China for Singapore, India as supply chains shift - Nikkei Asia

Zimbabwe’s gold rush gains momentum as new $1 billion mine targets 100,000 ounces a year - Business Insider Africa

1. Zimbabwe’s gold rush gains momentum as new $1 billion mine targets 100,000 ounces a year  Business Insider Africa
2. Ariana Resources hits "major milestone" with upgraded Dokwe pre-feasibility  Yahoo Finance UK
3. Zim’s new gold project to rake in over US$2bn  Herald.co.zw
4. Ariana lifts Dokwe gold project to US$7,2bn valuation  NewsDay Zimbabwe
5. Ariana Resources Clears AGM Resolutions and Updates Dokwe Gold Presentation  TipRanks

Economists say we're in a G-shaped economy. What does that mean, and how is it different from a K-shaped one? - Yahoo Finance

1. Economists say we're in a G-shaped economy. What does that mean, and how is it different from a K-shaped one?  Yahoo Finance
2. What's a 'G'-shaped economy and are we in one?  USA Today
3. What Is the G-Shaped Economy? Why Consumer Spending Is Defying the Affordability Crisis  Barron's
4. 'The G-shaped economy': A market vet says the driving economic force in the US is old vs young  Business Insider
5. Retiring Baby Boomers & The G-Shaped Economy  Yardeni QuickTakes

IMF Warns Empty Homes Are Deepening Greece’s Housing Crisis - GreekReporter.com

1. IMF Warns Empty Homes Are Deepening Greece’s Housing Crisis  GreekReporter.com
2. Fund finds four factors for housing crisis  eKathimerini.com
3. Complex urban challenges hinder Greek housing energy transition  Euractiv
4. Housing Crisis in Greece: Soaring Rents Push Families to the Limit  tovima.com

Peter Schiff Warns Inflation Will Be 'Bigger Threat' Under Trump Than Biden—But Tariffs Or The Iran War Aren't The Real Reason - Yahoo Finance

1. Peter Schiff Warns Inflation Will Be 'Bigger Threat' Under Trump Than Biden—But Tariffs Or The Iran War Aren't The Real Reason  Yahoo Finance
2. Peter Schiff warns deficits, not tariffs, will drive Trump-era inflation  MSN
3. Deficit spending and Fed actions drive inflation risk, Peter Schiff warns  Traders Union
4. Schiff w/ Joy: Inflation Is Winning  SchiffGold.com
5. We're all in debt: Peter Schiff questions how the US economy will function if global lending dries up — here's what it means for investors  MSN

BoE Gov Bailey: Policymakers facing growth/inflation trade-off - Forex Factory

1. BoE Gov Bailey: Policymakers facing growth/inflation trade-off  Forex Factory
2. BoE's Greene says case for rate rise grows the longer Iran conflict lasts  Reuters
3. BoE governor warns Middle East ceasefire would ‘still create uncertainty’  Financial Times
4. BOE's Bailey: The inflation overshoot is entirely due to events in the Persian Gulf  TradingView
5. Bank of England's Bailey Says Public Must Be Given Confidence in 2% Inflation Target  U.S. News - Money

Vitol Says Europe and US Aren’t Facing Up to Oil Supply Crunch - Bloomberg.com

1. Vitol Says Europe and US Aren’t Facing Up to Oil Supply Crunch  Bloomberg.com
2. Plunging global oil supplies threaten to push fuel prices even higher  The Washington Post
3. Opinion | Energy Markets Limit the Hormuz Shock  WSJ
4. IEA forecasts chance of critically low stockpiles before peak summer demand  Reuters
5. Exxon chief warns of skyrocketing energy prices as shareholders approved plan to exit blue state  Fox Business

Why a $4 billion deal in Africa’s third-largest gold producing nation is facing pushback from China - Business Insider Africa

1. Why a $4 billion deal in Africa’s third-largest gold producing nation is facing pushback from China  Business Insider Africa
2. China’s Zijin faces delays to its $4bn swoop for Allied Gold  Financial Times
3. Chinese mining giant Zijin wins Canadian approval for $4bn takeover of Africa-focused Allied Gold  IntelliNews
4. Chinese Regulator Delays Zijin Gold’s US$4 Billion Allied Gold Takeover  Investing News Network
5. Allied Gold Says Advanced Receipt of Regulatory Approvals and Clearances in Connection with Proposed Arrangement with Zijin Gold International  marketscreener.com

Australian beef will soon be hit by 55% tariff in China, ministry says - South China Morning Post

1. Australian beef will soon be hit by 55% tariff in China, ministry says  South China Morning Post
2. Five Brazilian Facilities Fall Victim to China Import Suspensions  Meatingplace
3. China’s MOFCOM flags Australian beef imports nearing threshold for an additional 55% tariff  Global Times
4. Australia’s China exports grind to a halt, ahead of 55pc tariff trigger  Beef Central
5. Exporters scramble as China tariff nears but analysts say there is good news  Farm Online

Warren Buffett told CNBC he could end America's deficit crisis 'in five minutes.’ Would his solution still work in 2026? - Yahoo Finance

The triumph of capital - by Matthew Yglesias - Slow Boring

1. The triumph of capital - by Matthew Yglesias  Slow Boring
2. Why Billionaires Pay Much Less Tax Than the Average American  Mother Jones
3. How Wealth Taxes Backfire  Yahoo
4. What the lessons of history show about taxing the rich [letter]  LancasterOnline
5. French Economic Observatory proposes alternative to Zucman tax to better levy ultra-rich  Le Monde.fr

US rice farmers spy a lifeline in crisis-hit Cuba - Financial Times

From hiking to hotpot, lonely consumers in China fuel a $7.4 billion companionship economy - Reuters

America has a muddled recovery in manufacturing - Axios

1. America has a muddled recovery in manufacturing  Axios
2. The manufacturing sector is growing, but isn't adding jobs  marketplace.org
3. US manufacturing activity at four-year high, supply constraints growing  Reuters
4. Spot gold trades near $4,460/oz after ISM Manufacturing PMI rises to 54  KITCO
5. US Manufacturing Activity Expands by Most in Four Years  Bloomberg.com

Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher - CNBC

1. Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher  CNBC
2. Eurozone Inflation Climbs Further, Paving Way for ECB Rate Hike  WSJ
3. investingLive European FX news wrap: Optimism continues to prevail in the markets  TradingView
4. Eurozone inflation rises to 3.2% in May as ECB prepares to raise rates  Financial Times
5. Euro zone inflation jump reinforces case for June rate hike  Reuters

Mamdani Is Under Pressure to Act Amid Slowing Job Growth in New York - The New York Times

1. Mamdani Is Under Pressure to Act Amid Slowing Job Growth in New York  The New York Times
2. Interim EDC CEO Jeanny Pak in the running to be agency’s permanent leader  Crain's New York
3. As Mamdani focuses on affordability, some wonder if he has a plan on jobs  The Christian Science Monitor
4. NYC’s Economic Development Corporation Can Build Public Options  Jacobin
5. Mamdani’s EDC, still leaderless, still stressing out the NYC business community  City & State New York

FTAV’s further reading - Financial Times

It Takes Two to Make an Economy Go Right - Federal Reserve Bank of Cleveland

China’s housing market could have further to fall - Financial Times

1. China’s housing market could have further to fall  Financial Times
2. China home prices likely to fall at slower pace this year; seen rising in 2027: Reuters poll  Reuters
3. Why Shanghai’s property market is rebounding faster than most other cities in China  South China Morning Post
4. Typical Real Estate Enterprises' Equity Sales Volume Rises 11% Month-on-Month in May  36 Kr
5. Beijing Existing Home Online Signings Up 12.1% YoY in May to 16K+ Units, Hitting 5-Yr High for Same Period Again  AASTOCKS.com

Foreign demand for American government debt is becoming much less reliable - The Economist

Goldman Sachs says economic convergence remains strong when weighted by population - Investing.com UK

1. Goldman Sachs says economic convergence remains strong when weighted by population  Investing.com UK
2. Economic convergence remains intact despite globalization slowdown, Goldman says  MSN

Only 26% of Americans think the economy is good — yet 73% say they're personally doing just fine, what gives? - Yahoo Finance

1. Only 26% of Americans think the economy is good — yet 73% say they're personally doing just fine, what gives?  Yahoo Finance
2. Two very different narratives regarding how Americans are doing [letter]  LancasterOnline
3. Americans feel the economy is going downhill — but also swear they’re personally doing just fine. What gives?  AOL.com