The US posted a federal budget deficit of $66 billion in June, according to Treasury Department figures released Thursday.

For June, total receipts, or income, were around $466 billion against total outlays, or spending, of $572 billion.

For receipt…

The “hardest” time in inflation was left behind by Trkiye, the Turkish treasury and finance minister stated on Thursday, adding that the country is at the threshold of a disinflation period.

Mehmet Simsek said the annual inflation rate will probably…

World oil production rises by more than 0.15%, or around 150,000 barrels per day (bpd), to nearly 102.90 million barrels per day (bpd) in June, according to the International Energy Agency’s (IEA) latest report on Thursday.

According to the Oil Mark…