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Morgan Stanley currently projects a global oil market surplus of 4.8 million barrels per day in 2027.

2026-06-30

Morgan Stanley currently projects a global oil market surplus of 4.8 million barrels per day in 2027.

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2026-06-30

The U.S. Supreme Court barred President Trump from removing Fed governor Cook, reaffirming congressional statutory protections for Fed governors. The decision limits the president’s ability to reshuffle the Board as a tool to pressure policy and give

The U.S. Supreme Court barred President Trump from removing Fed governor Cook, reaffirming congressional statutory protections for Fed governors. The decision limits the president’s ability to reshuffle the Board as a tool to pressure policy and gives institutional cover for the Fed chair appointed in May to lead with greater independence. Investment manager Mark Spindel warned that permitting removals for tenuous reasons and replacing governors with loyalists would undermine the chair’s ability to focus on Fed policy goals. The ruling does not eliminate presidential leverage; future Fed independence will hinge on how Trump treats his appointees and whether the Court’s 5-4 decision stands in later cases.
2026-06-30

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 4.0 occurred at 05:15 on June 30 in the sea area near Yilan County, Taiwan (24.83 degrees north latitude, 122.13 degrees east longitude). The

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 4.0 occurred at 05:15 on June 30 in the sea area near Yilan County, Taiwan (24.83 degrees north latitude, 122.13 degrees east longitude). The final result is subject to the official rapid report.
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