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Finance & Markets

US Q1 Productivity Rises More than Expected

US nonfarm business sector labor productivity rose 1.4% in the second quarter of 2026, more than market expectations of a 0.6% increase, preliminary estimates showed. Output increased 1.7% and hours worked increased 0.3%. Meanwhile, manufacturing sector labor productivity increased 1.9% in the second quarter of 2026, as output increased 4.6% and hours worked increased 2.6%. ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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Trump held multiple undisclosed calls with Fed Chair Warsh, reports say

President Donald Trump has spoken by phone with Federal Reserve Chair Kevin Warsh multiple times since Warsh’s confirmation in May 2026, with Bloomberg confirming a scoop first reported by the Wall…

  • President Trump made undisclosed calls with Fed Chair Kevin Warsh in May 2026.
  • Calls discussed economic topics like Iran war and AI impact.
  • White House confirmed calls, aiming to restore Fed decision confidence.

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