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Good news on U.S. trade and inflation not lifting markets

A cargo ship at Qingdao Port in Shandong Province, China, on June 9, 2025. Cfoto | Future Publishing | Getty Images Consumer prices in the U.S. have been benign since February, and the May reading continues that trend, according to the Bureau of Labor Statistics’ consumer price index report released Wednesday. Meanwhile, the May jobs … Read more

FCA Proposes Lifting Ban on Crypto ETNs for UK Retail Investors

The UK’s top financial regulator just made a surprising pivot. The Financial Conduct Authority (FCA), known for its cautious stance on crypto, is planning to lift its ban on crypto exchange-traded notes (ETNs) for retail investors. Yep, after years of saying “not on our watch,” the door might finally be creaking open. If the ETN … Read more

EU to hit Russia with a new round of sanctions—and will not consider lifting them until Russian forces withdraw from Ukraine

French Foreign Minister Jean-Noel Barrot said Thursday that the European Union is preparing to hit Russia with a 17th round of sanctions, describing President Vladimir Putin as the “sole obstacle” to peace in Ukraine. The 27-nation bloc has imposed unprecedented penalties on Russia in response to its invasion, and said this year it would not … Read more

Trump, Bessent and Musk assuage fears, lifting stocks

(L-R) U.S. Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, Interior Secretary Doug Bergum and Transportation Secretary Sean Duffy look on as U.S. President Donald Trump prepares to sign executive orders in the Oval Office of the White House on April 09, 2025 in Washington, DC. Anna Moneymaker | Getty Images The latest CNBC … Read more

Hungary would hurt EU taxpayers by lifting Russia sanctions, warns Estonia

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Hungary’s Viktor Orbán will lump European taxpayers with an even bigger bill for support to Ukraine if he forces the EU to lift restrictions on €210bn of frozen Russian assets, Estonia’s foreign minister has … Read more

CEO views on AI lifting worker productivity begin to diverge

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal InformationFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive … Read more

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