• Labor Department Suspends Biden-Era Farmworker Rule
  
  The Department of Labor announced on Friday that it is suspending a Biden-era rule that critics say imposed large burdens on farmers with thousands of pages of new regulations.
• Fed's Daly: Rate Cut in the Fall May Be Appropriate
  
  The fundamentals of the U.S. economy are moving to where an interest rate cut may be necessary, San Francisco Federal Reserve Bank President Mary Daly said Friday, though she signaled a July rate cut would probably be too early.
• CNN: Tariffs Have Not Reignited Inflation
  
  Mainstream economists issued dire warnings when President Donald Trump announced his tariff campaign: prices would spike, they said, triggering a renewed inflation crisis, but that hasn't happened, reports CNN.
• Supreme Court Declines to Speed Up Tariffs Review
  
  The U.S. Supreme Court declined on Friday to speed up its consideration of whether to take up a challenge to President Donald Trump's sweeping tariffs even before lower courts have ruled in the dispute.
• Fed: Too Early to Gauge Tariff Impact on US Economy
  
  The Federal Reserve's latest Monetary Policy Report to Congress, released Friday, said U.S. inflation is somewhat elevated and the labor market is in solid shape, but suggested that President Donald Trump's tariffs have likely only begun to be felt and repeated the central...
• Fed's Waller: July Rate Cut Possible Amid Tame Inflation
  
  The Federal Reserve should consider cutting interest rates at its next meeting given recent tame inflation data and the fact that any price shock from import tariffs will be short lived, Fed governor Chris Waller said Friday.
• Citi Sees Oil at $78/bbl if War Disrupts Iran Exports
  
  An escalation of the Iran-Israeli hostilities could keep Brent oil prices trading about 15% to 20% above pre-conflict levels if the war disrupts 1.1 million barrels per day (bpd) of Iranian oil exports, according to analysts at Citibank.
• World Markets on Oil Watch as Mideast Tensions Flare
  
  Brent crude oil is up around 20% so far in June, and set for its biggest monthly jump since 2020 as Israel/Iran tensions flare up.
• Housing Finance Chief: Fed's Powell Should Resign
  
  Bill Pulte, director of the Federal Housing Finance Agency, told Newsmax on Thursday he has a simple message for Federal Reserve Chair Jerome Powell after the agency's board declined to lower interest rates this week: Resign.
• Oil up Nearly 3% as Israel-Iran Conflict Escalates
  
  Oil prices jumped almost 3% Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential U.S. involvement kept investors on edge.
• Study: 'Trump Effect' Sent 600K Immigrants From Labor Force
  
  Analysis of U.S. Census Bureau reporting by the Center for Immigration Studies shows nearly 600,000 immigrants have vanished from the U.S. labor force since January, attributed to the "Trump effect."
• Russia Minister: Country on Brink of Recession
  
  Russia's economy is "on the brink of going into a recession," the country's economy minister said Thursday, according to Russian media reports.
• Fed Should Clarify That Curbing Inflation Is Job One
  
  The Federal Reserve faces tough policy choices-President Trump's tariffs could rekindle inflation, boost unemployment or both.
• Trump: Fed Should Cut Rate 2.5 Points
  
  President Donald Trump said Federal Reserve Chairman Jerome Powell is costing the U.S. "hundreds of billions of dollars" because the prime interest rate should be 2.5 points lower.
• PwC: Private Equity Sits on $1T Amid Uncertainties
  
  Private equity firms are holding about $1 trillion in unsold assets, PricewaterhouseCoopers (PwC) said Wednesday - capital that, in a typical market environment, would have been returned to investors.
• Trump: 'Real Dummy' Fed Chair Powell 'the Worst'
  
  President Donald Trump continued his criticism of "real dummy" Jerome Powell by sharing an article about a federal regulator calling for the Federal Reserve chair to lower interest rates or resign.
• Powell: Tariff-Driven Price Hikes Likely in Coming Months
  
  Federal Reserve Chair Jerome Powell said Wednesday goods price inflation will pick up over the course of the summer as President Donald Trump's tariffs work their way to U.S. consumers, who he argued would bear some of those costs.
• Fed Sees Two Rate Cuts in 2025, Keeps Rate Steady
  
  U.S. central bankers are increasingly split over the appropriate path of policy, with the median of fresh forecasts published Wednesday still pointing to a half percentage point of rate cuts by year-end, but a rising minority expecting no rate cuts at all.
• Trump Knocks Fed's Powell: 'I'd Do a Much Better Job'
  
  President Donald Trump wants Federal Reserve Chairman Jerome Powell to lower interest rates to help America cut the costs of its massive debt after years of former President Joe Biden's spending levels.
• US Single-Family Housing Starts Rise in May; Permits Slump
  
  U.S. single-family homebuilding increased in May, but a sharp drop in permits for future construction pointed to subdued housing market conditions amid headwinds from tariffs and excess inventory of unsold homes.
• Unemployment Claims Dip to 245K, Remaining Historically Low
  
  The number of Americans filing new applications for unemployment benefits fell last week, remaining at a historically low level.
• TransUnion Survey: 27% Pessimistic About Finances
  
  U.S. consumers are feeling worse about money as tariffs fuel concerns about rising prices, credit reporting agency TransUnion said.
• Bipartisan Senate Passes Crypto Regulation on Stablecoins
  
  The Senate is expected to approve legislation Tuesday that would regulate a form of cryptocurrency known as stablecoins, the first of what is expected to be a wave of crypto legislation from Congress...
• Lee Zeldin: EPA Motivated to Offset Oil Price Hikes
  
  A spike in oil prices resulting from the conflict between Iran and Israel only motivates the Trump administration to work harder to lift suffocating regulatory burdens on domestic energy production, Environmental Protection Agency Administrator Lee Zeldin told Newsmax.
• Treasury Secretary: Trump Wage Growth Best in 60 Years
  
  Treasury Secretary Scott Bessent on Tuesday credited President Donald Trump's policies for a nearly 2% increase in wages for hourly workers in the first five months of his second term.

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