U.S. Economic Growth Slowed to 1.5% in Second Quarter
U.S. gross domestic product rose at a 1.5% annual rate in the second quarter, falling short of economists' expectations.
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Fed's Preferred Inflation Index Cooled but Remained Elevated in June
The price index of personal-consumption expenditures cooled in June but remains well above the Fed's 2% target.
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Iran War Piles on Inflation Pressure But BOE Follows the Fed
U.K. inflation slid to 2.6% in June due to lower energy and food costs.
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U.S. Jobless Claims Rebound After Streak of Declines
The number of people who filed for unemployment benefits was 197,000 in the week through July 25, 9,000 higher than the upwardly revised 188,000 reported a week earlier, the Labor Department said.
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U.S. Stocks Rise Amid Inflation Fears
U.S. stocks made gains, with Nasdaq leading the way, after data on U.S. GDP and the Fed's preferred inflation index came in.
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Mexican Economy Bounces Back in Second Quarter
Mexico's GDP rose 1.5% from the previous quarter, in seasonally adjusted terms.
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Eurozone Economy Outpaces U.S. Despite Iran War Uncertainty
Economies across the eurozone have proved more resilient than feared in the face of continued supply-chain disruptions and higher energy prices.
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China Signals Little Appetite for Major Stimulus Despite Growth Headwinds
China's top leaders signaled little appetite for major stimulus in the second half of the year despite mounting domestic headwinds.
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Why Higher Tariffs Are Becoming the New Normal for Business
Many executives expect duties to outlast the Trump administration, warning the next president might find it hard to backtrack.
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U.S. Retaliates Against Iran for Tuesday's Surprise Attack
President Trump had vowed earlier to strike Iran for a missile attack on U.S. forces in Jordan.
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EU Opens Call for Creation of Local AI Gigafactories
The tender will support up to seven AI facilities in an effort to build out the bloc's tech capabilities.
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Treasury Yields Soar as Market Struggles to Interpret Fed
The 30-year U.S. Treasury yield rose to a 19-year high after the Fed kept interest rates on hold, but left the market pondering about its future path.
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Kevin Warsh Asked the Market to Speak. It Answered.
Analysts said investors heard a chairman who introduced doubt about his willingness to deliver rate hikes they think may be needed to curb inflation.
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