

U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook
The U.S. economy is now expected to expand by just 1.6% in 2025, while the global economy is set to grow by 2.9%.
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China's May factory activity unexpectedly shrinks as tariffs dent sentiment — worst drop since 2022
China has grappled with entrenched deflationary pressure, as a prolonged real estate downturn and job insecurity hamper investments and consumer spending.
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CNBC Daily Open: Elon Musk's companies report positive developments amid his return to work
Like Tesla’s promised full self-driving feature, Musk’s firms aren’t completely autonomous and need a steady— and ideally “super focused” — hand to guide them. -
Asia-Pacific markets trade mixed as investors assess dismal China factory activity
Stock futures slipped early Tuesday after the major averages began June’s trading on a positive note.
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Trump administration pauses Social Security benefit cuts over defaulted student loans
The U.S. Department of Education is pausing its plan to garnish people’s Social Security benefits if they’ve defaulted on their student loans.