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Democratic Senator Fetterman wrote to the Federal Reserve raising concerns about the speed of direct deposits and urged Fed Chair KEVIN WARSH to accelerate check-clearing processes.

2026-06-30

Democratic Senator Fetterman wrote to the Federal Reserve raising concerns about the speed of direct deposits and urged Fed Chair KEVIN WARSH to accelerate check-clearing processes.

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2026-06-30

ECB Governing Council member Rehn: The energy shock has clearly led to stagflation.

ECB Governing Council member Rehn: The energy shock has clearly led to stagflation.
2026-06-30

June 29 — Midea said Chinese factories are running overtime to meet surging European demand and the company has shifted shipments to China-Europe rail service with 15–25 day transit times, roughly 25 days faster than sea, while local subsidiaries are

June 29 — Midea said Chinese factories are running overtime to meet surging European demand and the company has shifted shipments to China-Europe rail service with 15–25 day transit times, roughly 25 days faster than sea, while local subsidiaries are expediting customs clearance and channel distribution. Gree Electric said European channels are fully sold out and overseas dealers are rushing replenishment to secure market supply. Midea’s plug-and-play PortaSplit mobile split AC is sold out in Germany, the UK, France and the Netherlands; year-to-date PortaSplit shipments have exceeded 200,000 units, double last year’s full-year sales.
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