President Andres Manuel Lopez Obrador of Mexico announced on Tuesday that his country will halt official contacts with U.S. and Canadian embassies, after their representatives had expressed disapproval of a judicial reform proposal that the Mexican president supports.
Read More Mexico ‘Pauses’ Diplomatic Relations With U.S. and Canada After Ambassadors Criticize President’s Judicial Reform
The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.
Read More Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll
Former President Donald Trump has declared that he will take part in three debates against Vice President Kamala Harris, the Democrat Party’s presidential contender.
Read More Trump Agrees To Participate In 3 Separate September Debates Against Kamala Harris
The number of Americans filing new applications for unemployment benefits fell more than expected last week, somewhat easing fears of an unraveling labor market.
Read More Jobless Claims Decrease More Than Estimated To Calm Recession Fears For Now
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
Read More US inflation rises moderately, consumer spending cools
A new report has revealed that the number of jobless claims has reached the highest in 10 months.
Read More Unemployment Claims Increase To Highest Level Since September 2023