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(Bloomberg) -- Five House Republicans urged Federal Reserve Chair Jerome Powell to take steps to improve liquidity in the Treasury securities market, including considering “targeted” changes to bank capital requirements.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s P

The brokerage is expecting two quarter-point rate cuts in June and September, it said on Thursday. "The softer labor market causes us to add another rate cut, despite higher inflation," Barclays analysts said. The brokerage expects demand for workers to diminish along with slowing labor market activity this year.

The main U.S. stock indexes slipped on Thursday as President Donald Trump's escalated tariff rhetoric against the European Union impacted investor sentiment, although cooling inflation provided some relief. In his latest trade salvo, Trump announced a plan to levy a 200% duty on European beverage imports unless the EU removes surcharges on U.S. whiskey. He had previously threatened to penalize the bloc if it imposed retaliatory tariffs on American goods next month.

Germany's fiscal shift will drive billions into infrastructure, energy, and housing, boosting eurozone growth. Goldman Sachs highlights 12 Buy-rated European stocks set to benefit from this economic transformation.View on euronews

(Bloomberg) -- Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Ho

Not even a double-shot of good news on the U.S. economy seems to be enough to stop Wall Street’s bleeding. Stocks fell Thursday after President Donald Trump upped the stakes in his trade war by threatening huge taxes on European wines and alcohol. The swings for stocks have been coming not just day to day but also hour to hour, and the Dow hurled between a slight gain and a drop of more than 445 points during Thursday morning's trading.

Stephen Miran’s vision largely depends on the dollar strengthening relative to foreign currencies.