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US, China Set for Trade Talks in London

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US, China Set for Trade Talks in London

WASHINGTON (Reuters) — Three of President Donald Trump’s top aides will face their Chinese counterparts in London on Monday for talks to resolve a trade dispute between the world’s two largest economies that has kept global markets on edge. U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnic and U.S. Trade Representative Robert Lighthizer are expected to lead the U.S. delegation. Investors are watching closely, as any breakthrough could reverse weeks of market volatility. Read More >>

Texas Reports No New Measles Cases

Health officials confirm a promising milestone in Texas’ battle against measles. The Texas Department of State Health Services reported no new cases since June 3. The state, once at the epicenter of a nationwide outbreak, saw cases fall from 12 a day at the peak to none recently. This development boosts hopes that aggressive vaccination efforts and awareness campaigns are paying off. Read More >>

U.S. Equity Funds See Outflows, Europe Gains

As the ECB cuts rates, U.S. investors pulled $7.42 billion from domestic equity funds amid trade policy uncertainty. Meanwhile, European funds experienced their eighth straight week of inflows. The data, sourced from LSEG Lipper, suggests a strategic rotation by global investors in response to policy shifts and inflation differentials. Read More >>

Fed Stays Put as Job Market Cools

The Federal Reserve is holding steady on interest rates, citing a resilient — though softening — labor market. May’s employment report showed steady hiring, but flagged emerging weaknesses. Policymakers appear to be waiting for more data before adjusting the federal funds rate. Read More >>

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