Americans expected higher earnings and home-price growth last month, according to a Federal Reserve Bank of New York survey that also found little change in inflation expectations. The New York Fed's survey of consumer expectations, released on Monday, found median earnings growth expectations rose to 2.5 percent in June from 2.3 percent in May, among the highest readings since the poll started in mid-2013. The survey, which taps about 1,200 respondents on a 12-month rotating basis, found one- and three-year-ahead inflation expectations each edged slightly higher to 3 percent.
ABOARD THE PAPAL PLANE (AP) — Pope Francis is acknowledging criticism in the United States of his anti-capitalist stance and is calling for dialogue before his high-profile trip in September. He's also downplaying his role in the U.S.-Cuba rapprochement.
By Ayesha Rascoe WASHINGTON (Reuters) - A wildlife protection fight over a quirky ground-dwelling bird highlights how two U.S. environmental groups have increasingly dominated the process of species protection, sparking a backlash from pro-business Republicans. A Reuters review of hundreds of federal records over a 10-year period shows how the non-profit groups have had success by inundating Washington with petitions for new protected-species listings and lawsuits designed to compel regulators to respond. ...
(Reuters) - Wisconsin Governor Scott Walker announced on Monday he was joining the crowded Republican field seeking the White House in the November 2016 election. "America needs new, fresh leadership with big, bold ideas from outside of Washington to actually get things done," Walker said in a new video. "I am running for president to fight and win for the American people." (Reporting by Emily Stephenson)
BATON ROUGE, La. (AP) — New Miss USA Olivia Jordan spoke of the need to discuss race relations en route to her pageant victory and hailed the diversity of women taking part in the contest during a post-pageant question about Donald Trump's comments on Mexican immigrants.
Democratic presidential candidate Hillary Clinton on Monday will propose tax incentives to encourage companies to share more profits with workers, according to a campaign aide. In a speech in New York in which she will lay out her economic vision, Clinton will say that workers need to benefit from the profits they are helping to produce and will cite studies showing profit-sharing can increase productivity.