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The bid-to-cover ratio for the 30-year U.S. Treasury bond auction ending June 11 was 2.33, unchanged from the previous value of 2.3.

2026-06-12

The bid-to-cover ratio for the 30-year U.S. Treasury bond auction ending June 11 was 2.33, unchanged from the previous value of 2.3.

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2026-06-11

Amazon founder Bezos said he expects AI will produce "a labor shortage in the economy," rejecting fears that fast‑developing AI will simply replace human jobs. He is launching a project to boost engineer productivity and is co‑leading a new AI firm,

Amazon founder Bezos said he expects AI will produce "a labor shortage in the economy," rejecting fears that fast‑developing AI will simply replace human jobs. He is launching a project to boost engineer productivity and is co‑leading a new AI firm, Prometheus, which aims to build a "general AI engineer" capable of designing and manufacturing complex physical products such as jet engines. Bezos said the goal is to "empower engineers, making inventions and simpler faster so smaller teams can complete larger projects in shorter timeframes," and that while AI will reduce labor demand for some existing roles it will also create jobs and raise productivity; he added some youth pessimism about AI is "contrary to reality."
2026-06-11

German Chancellor Merz: EU deregulation measures for businesses must be launched by the middle of next year at the latest.

German Chancellor Merz: EU deregulation measures for businesses must be launched by the middle of next year at the latest.
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