UPDATE 1-Italy’s PM-designate still stymied over economy minister pick

* League, 5-Star hold line on Savona as economy minister * Conte appears unable to.

We’ve made ‘very meaningful progress’ with China on trade

Treasury Secretary Steven Mnuchin put a positive face on the state of U.S.-China trade negotiations,.

Fed indicates it will let inflation run above 2 percent goal for ‘temporary period’

“Symmetric” was mentioned at least nine times in the minutes. The Fed’s preferred inflation gauge,.

US weekly jobless claims total 234,000, vs 220,000 expected

New applications for U.S. unemployment benefits increased more than expected last week, but remained below.

Fed’s Kaplan sees 4 or so more hikes before central bank finishes

The Federal Reserve needs to raise interest rates about four more times before it reaches.

Existing home sales drop 2.5 percent in April

U.S. home sales dropped more than expected in April as a shortage of properties for.

North Korea part of ‘downside risks’ for economy, Fed’s Bostic says

Geopolitical turmoil and policy certainty are combining to make businesses more cautious about investing, Atlanta.

US durable goods orders fell 1.7% in April, vs 1.4% drop expected

New orders for key U.S.-made capital goods increased more than expected in April and shipments.

May consumer sentiment

U.S. consumer sentiment came in weaker than expected on Friday in the final reading of.

Ramaphosa says state-owned firms to re-invest billions

Rajesh Jantilal | AFP | Getty Images South Africa’s President Cyril Ramaphosa (second left) speaks.