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Trump’s immigration crackdown is rippling through Oregon’s economy. State data shows a 265% jump in federal requests, and the chief economist says retail, hospitality, construction and more are already seeing shifts. Source: katu.com
Five charts help illustrate the state of Canada’s economy – and how it’s performing compared to other wealthy nations. Source: bbc.com
Plus, Gavin Newsom’s next move in the billionaire tax fight. Source: nbcnews.com
Pierre-Olivier Gourinchas, who is leaving the fund, warns attempts to gain small advantages will be ‘self-defeating’ Source: ft.com
June 26 – S&P Global affirmed its “AA+” credit rating for the U.S. on Friday, saying the economy’s resilience supported solid fiscal revenue collection. “Broad revenue buoyancy, including solid tariff income, should help mitigate the risk of fiscal slippage,” it said in a statement. S&P … Source: usnews.com
S&P Global affirmed its “AA+” credit rating for the U.S. on Friday, saying the economy’s resilience supported solid fiscal revenue collection. Source: reuters.com
Strategic petroleum releases helped avert a sharper rise in oil prices as a result of the war in the Middle East, but the global economy faces significant downside risks if a fragile ceasefire between the U.S. and Iran doesn’t hold, IMF chief economist Pierre-Olivier Gourinchas said on Friday. Source: reuters.com
I booked a $500 Delta basic economy ticket for a red-eye flight from San Francisco to New York City, and I’d take it again in a heartbeat. Source: businessinsider.com
Consumer sentiment rose in recent weeks after plummeting early this year as energy costs soared. Source: nytimes.com
California Gov. Gavin Newsom said he supports imposing “a true minimum tax on billionaires” and closing “tax-free lifestyle loan” loopholes for the rich. Source: cnbc.com
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