Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to support a labor market that is showing signs of weakness.

Top executives at some of Russia’s biggest banks have privately discussed seeking a state-funded bailout if the level of bad loans on their books continues to worsen over the next year.

The €400 billion ($463 billion) crisis tool proposed by the European Commission on Wednesday would be financed using joint borrowing, according to people familiar with the matter.

Germany has rejected the European Commission’s €2 trillion ($2.3 trillion) budget proposal, hours after it was announced by European Commission President Ursula von der Leyen in Brussels.

For the first time since the pandemic upended work life five years ago, more than half the companies in the Fortune 100 have their employees fully back in the office, according to a report from real estate firm Jones Lang LaSalle Inc.

The new chief executive officer of Hungary’s largest lender called for the adoption of the euro and for an end to ad-hoc policymaking under Prime Minister Viktor Orban that has sapped investor confidence and dented valuations.

President Donald Trump said he would send letters to more than 150 countries notifying them of tariff rates and that the levies imposed could be 10% or 15% as he forges ahead with his trade agenda.

The European Central Bank should reduce borrowing costs to help the economy by weakening the single currency, Italian Deputy Premier Antonio Tajani said.

Turkey’s most popular opposition politician Istanbul Mayor Ekrem Imamoglu was sentenced to nearly two years in prison on Wednesday, after a court found him guilty of “threatening” Istanbul’s chief prosecutor.

A growing number of European Union member states want the bloc to activate its most powerful trade tool against the US should the two sides fail to reach an acceptable agreement by Aug. 1 and Donald Trump carries out his threat of 30% tariffs on the US’s largest trading partner.

President Donald Trump said he was likely to impose tariffs on pharmaceuticals as soon as the end of the month and that levies on semiconductors could come soon as well, suggesting that those import taxes could hit alongside broad “reciprocal” rates set for implementation on Aug. 1.

Das jüngste Urteil des Verfassungsgerichtshofs (VfGH) zu Wertsicherungsklauseln in Mietverträgen zieht weite Kreise. Mieterinnen und Mieter könnten 30 Jahre zurückreichend die Mieterhöhung einfordern. Die Branche geht von bis zu 800.000 betroffenen Wohnungen aus. Die Regierung sucht nach einer Lösung, doch schon jetzt zeichnet sich ab, dass nicht alle zufrieden sein werden.

The figure for June marks the steepest increase in inflation, which measures how quickly prices are rising, since January 2024.

Boil down the hundreds of tax provisions in the sprawling legislation signed by President Donald Trump on July 4, and it becomes clear: The rates Americans pay will now depend less on how much money they make, and more on how they earn it, where they live and even who they are.

China’s economic growth exceeded expectations in the second quarter, but strong exports to markets outside the US masked deepening pressure caused by weak consumer demand at home.

The finance ministers of the euro area’s two biggest economies pledged to join forces to provide additional support for European startups.

US President Donald Trump’s trade war with the rest of the world is the wrong approach to addressing imbalances in the global economy and will harm households, Bank of England Governor Andrew Bailey said.

Investor confidence in Germany’s economy improved in July, highlighting resilience in the face of US tariff threats as the government in Berlin ramps up spending.

The European Union is set to define what technologies can be used to permanently remove carbon dioxide from the atmosphere as it pursues its goal of being climate neutral by 2050.

The European Union has finalized a second list of countermeasures to target US goods worth €72 billion ($84 billion), including Boeing Co. aircraft, automobiles and bourbon if it decides to retaliate as transatlantic trade tensions intensify.

Donald Trump asked Volodymyr Zelenskiy whether Ukraine could strike Moscow, an inquiry that the White House says was merely a question but one that came hours after he voiced frustration at Russian President Vladimir Putin’s refusal to accept a ceasefire in the war.

Russia rejected pressure from Donald Trump after the US president threatened to impose stiff economic penalties on Moscow if it doesn’t end hostilities with Ukraine within 50 days, though the Kremlin indicated it would review his latest stance.

US President Donald Trump said he reached a deal with Indonesia, without providing any specifics of what is included in the accord.

Prime Minister Francois Bayrou will outline a plan on Tuesday to sharply narrow France’s deficit, setting the stage for a parliamentary battle that risks triggering another government collapse.

Nvidia Corp. plans to resume sales of its H20 artificial intelligence accelerator to China based on assurances from Washington that such shipments would be approved, a dramatic reversal from the Trump administration’s earlier stance.

Underlying US inflation rose by less than expected for a fifth month in June even as the details signaled companies are beginning to more meaningfully pass some tariff-related costs to consumers.

US Treasury Secretary Scott Bessent suggested that Federal Reserve Chair Jerome Powell should step down from the central bank’s board when his term as chair is up in May 2026.