-
U.S. manufacturing slump shows little sign of ending, ISM says, amid ongoing trade wars
Businesses face rising costs and less demand even after tariffs are reduced Even after the Trump White House dialed back high U.S., tariffs, American manufacturers say ongoing trade wars have raised costs, curbed demand and made it hard to plan for the future. A closely followed survey of senior executives showed that a slump stemming from the tariffs continued in June for the fourth month in a row, the Institute for Supply Management said. The ISM manufacturing index totaled 49.0% in June, little changed from a 48.5% reading in the prior month. Any number below 50% signals contraction. "Business has notably ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From fxstreet.com|Jul 1, 2025Ripple's (XRP) upside remains heavy, weighed down by a lethargic sentiment across the cryptocurrency market. Trading at $2.19, the XRP price is down nearly 2% on Tuesday, ...
From @financialjuice|Jul 1, 2025|27 commentsThe US Senate passes sweeping tax-cut and spending bill. Sends to House of Representatives. *VICE PRESIDENT VANCE BREAKS TIE TO PASS SENATE'S TRUMP TAX BILL
From cointelegraph.com|Jul 1, 2025Cryptocurrency regulations are increasingly aligning with global standards; 73% of eligible jurisdictions have now passed laws to implement the Financial Action Task Force’s ...
-
- Newer Stories
From financefeeds.com|Jul 1, 2025American Bitcoin, a mining venture backed by Eric Trump and supported by Donald Trump Jr., has successfully raised $220 million through a private placement to fund the purchase of ...
From financemagnates.com|Jul 1, 2025Bitcoin (BTC) price analysis reveals a complex market environment as the cryptocurrency maintains its position above $107,000 following a record-breaking monthly close. Current ...
From ai-cio.com|Jul 1, 2025Governor Ned Lamont of Connecticut on Monday signed legislation that will ban any state government entity from investing in cryptocurrency and other digital assets. The bill, H.B. ...
