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U.S. House passed an affordable housing bill by an overwhelming majority; the measure has been sent to President Trump for signature.

2026-06-24

U.S. House passed an affordable housing bill by an overwhelming majority; the measure has been sent to President Trump for signature.

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2026-06-23

China presented its 2025 central government final accounts to the NPC Standing Committee, saying fiscal performance was broadly sound and fiscal policy more active to stabilize growth. Central general public budget revenue was 9.40 tln yuan, 96.9% of

China presented its 2025 central government final accounts to the NPC Standing Committee, saying fiscal performance was broadly sound and fiscal policy more active to stabilize growth. Central general public budget revenue was 9.40 tln yuan, 96.9% of budget; including related transfers total revenue was 9.74 tln yuan. Central general public budget expenditure was 14.49 tln yuan, 98.2% of budget; with a supplement from the central budget stabilization fund total spending was 14.60 tln yuan. Through end-May Beijing issued 6.41 tln yuan of sovereign bonds and 1.83 tln yuan of new local government bonds; central-to-local transfer payments of 9.21 tln yuan have been allocated. Authorities said fiscal receipts and outlays were broadly stable through May with key areas funded, and pledged targeted, more active fiscal measures, tighter budget execution, optimized spending structure, steps to boost domestic demand, support livelihoods and stabilize local finances.
2026-06-23

Bank of England board member Taylor: The Bank of England must guard against "short-term bias" and avoid repeating past mistakes.

Bank of England board member Taylor: The Bank of England must guard against "short-term bias" and avoid repeating past mistakes.
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