U.S. companies skirted at least $40 billion in taxes since the beginning of 2025 thanks to schemes in places like Malta, Bermuda and Cyprus. Source: nytimes.com

Statistics Canada says economic growth stalled in the first quarter and real gross domestic product was slightly negative on an annualized basis. Source: bnnbloomberg.ca

The U.S. faces some challenges in reducing its dependence on China given Beijing’s dominance in critical minerals and electronics manufacturing. Source: detroitnews.com

Fed governor Michelle Bowman said reacting to temporarily elevated energy-price inflation would add unwarranted policy restraint, weighing unnecessarily on economic activity and labor-market conditions. Source: wsj.com

The European Union’s six largest economies have agreed on a plan to implement a bloc-wide capital markets union, reaching a collective stance they say will help spur the continent to action after years of delay. Source: bloomberg.com

Weak rainfall means lower food production, higher inflation and slower rural growth. Source: bloomberg.com