• End of Pain Prevention: Germany Slides Into Depression
  
  Germany's economy is spiraling downward at an accelerating pace. Bankruptcies are exploding, and unemployment has quietly crossed the 3 million mark. The government's response? The same tired playbook: more debt, more spending, more control.
• Imports Drop 9% at L.A. Seaport, Busiest in US
  
  Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May, offering insight into how many shipments were canceled or put on hold after President Donald Trump slapped tariffs of 145% on goods from China.
• Vietnam Admitted as BRICS 'Partner Country'
  
  Vietnam has been formally admitted as a "partner country" of the BRICS group of major emerging economies, Brazil's government said Friday, as the bloc presses ahead with an expansion push.
• 3 Ways China Is Pulling Ahead in the Innovation Race
  
  China remains one of the most asymmetric opportunities-and threats-in the world today.The prevailing narrative has been to dismiss it as "uninvestable."
• Wall Street Retains Fed Rate Cut Expectations Ahead of Policy Meeting
  
  Most Wall Street brokerages kept their forecasts for rate cuts by the U.S. Federal Reserve unchanged after key economic readings, while investors shifted focus to next week's monetary policy meeting.
• Consumer Sentiment Rises for First Time in 2025 on Tame Inflation
  
  Consumer sentiment increased in June for the first time in six months, the latest sign that Americans' views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fight with China.
• Trump to Issue Immigration Rules on Farming, Leisure
  
  U.S. President Donald Trump said he would issue an immigration order "soon," following a social media post earlier Thursday in which he cited labor issues in the farm and hotel industries stemming from his immigration crackdown.
• China May Be Tougher, But Europe Is America's Most Import Trade Challenge
  
  China poses the toughest challenge for U.S. trade negotiators but accomplishing trade peace with the European Union is more important.
• Sen. Warren: Trump Is Right - Abolish Debt Limit
  
  Sen. Elizabeth Warren, D-Mass., said that it's possible that "hell has frozen over" after admitting that she agrees with President Donald Trump on abolishing the debt limit.
• Sen. Ricketts: China Is a Threat to 'American Prosperity'
  
  Sen. Pete Ricketts, R-Neb., has introduced a legislative package to help block China's attempts "to disrupt American prosperity."
• Fed: US Household Wealth Ticks Down 1% on Stock Rout
  
  U.S. household wealth fell at the end of the first quarter, Federal Reserve data showed Thursday, dragged down by a stock market rout that has since reversed course.
• Trump Signs Measure Blocking Calif.'s Gas Car Ban
  
  President Donald Trump signed a resolution Thursday that blocks California's first-in-the-nation rule banning the sale of new gas-powered cars by 2035.
• Trump Weighs Higher Auto Tariffs to Boost US Production
  
  U.S. President Donald Trump Thursday warned he may soon hike auto tariffs, arguing that could prod automakers to speed U.S. investments.
• Trump: Won't Fire Fed's Powell Despite Rates Row
  
  President Donald Trump on Thursday said he would not fire Federal Reserve Chair Jerome Powell, adding that he "may have to force something" as part of his ongoing push for the central bank to lower rates. Trump said he can't get Powell to lower rates. "If you think there's ...
• Trump Unhappy About Recent Rise in Oil Prices
  
  U.S. President Donald Trump expressed frustration Thursday that oil prices have risen amid supply concerns from potential conflict in the Middle East.
• Report: Retail Sales Dip Among ICE-Wary Latinos
  
  The Trump administration's widespread crackdown on illegal immigration has contributed to major brands taking hit on their bottom lines as ICE-wary Latinos cut back on traditional purchases, the Wall Street Journal reported Thursday.
• Goldman Trims 12-Month US Recession Probability to 30%
  
  Goldman Sachs Thursday trimmed its U.S. recession probability to 30% from 35% for the next 12 months on easing uncertainty around President Donald Trump's tariff policies after the U.S. and China affirmed a trade deal.
• Unemployment Claims Remain Steady, Slightly High
  
  U.S. filings for jobless benefits were unchanged last week, remaining at the higher end of recent ranges as uncertainty over the impact of trade wars lingers.
• Wholesale Inflation Rises a Modest 2.6% in May
  
  U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.
• China Affirms Trade Deal With US, Says It Always Keeps Its Word
  
  China on Thursday affirmed a trade deal announced by President Donald Trump, saying both sides needed to abide by the consensus and adding China always kept its word. The deal, reached after Trump and China's President Xi Jinping...
• Bessent: Bill Will Reclaim US Corporate Tax Sovereignty
  
  U.S. Treasury Secretary Scott Bessent said that the Republican tax and spending bill under consideration will prevent hundreds of billions of dollars of corporate tax payments from going to foreign governments.
• US Still Welcomes Legal Immigrants With Merit
  
  Where ICE is locked out of schools, cartels control neighborhoods, and American law no longer applies. As Trump calls for the National Guard to the L.A. ICE protests, L.A. spirals into chaos.
• US Budget Deficit Falls 9% in May as Tariffs Boost Customs Receipts
  
  The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs receipts nearly quadrupled to a record $23 billion due to President Donald Trump's steep new import tariffs, the Treasury Department said...
• Small Business Confidence Rises as Does Uncertainty
  
  U.S. small-business confidence improved in May, likely because of a de-escalation in trade tensions between Washington and China, though uncertainty over the outlook mounted amid worries over the fate of President Donald Trump's tax-cut agenda.
• Vance Slams Fed After Inflation Report
  
  Vice President JD Vance harshly criticized the Federal Reserve on Wednesday after inflation increased at a slower pace than expected, accusing Chair Jerome Powell of mismanaging his job to balance price growth and unemployment through interest rates, The Hill reported.

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