Fed's Preferred Inflation Gauge Remains Above Target Range
The personal-consumption expenditures price index rose by 0.2% in July, from a decrease of 0.1% in June. Excluding the volatile good and energy categories, core PCE rose by 0.2%.
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U.S. 2Q GDP Growth Unchanged at 1.5% in Second Estimate
The U.S. economy grew at a 1.5% annualized rate in the second quarter of 2026, the Commerce Department said in an updated estimate.
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U.S. Stocks Edge Lower Ahead of Nvidia Earnings
U.S. stocks edged lower ahead of earnings from the world's most valuable company, Nvidia.
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U.S. Durable-Goods Orders Rose More than Expected in July
Total orders for durable goods-which comprise goods meant to last three years or more-increased in July by 1.1% to $339.3 billion, compared with a 0.5% increase in June.
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Oil Prices Fall as Oman-Iran Talks Raise Hopes for Hormuz Reopening
Prices fell for a third straight day after Iran and Oman discussed measures to temporarily reopen the strait.
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The Country That Has the Biggest Trade Surplus With the U.S. Is Now… Vietnam
For the first half of the year, federal data shows the Southeast Asian country's trade surplus with the U.S. hit $114 billion, ahead of Taiwan, Mexico and China.
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U.S. Crude Oil Inventories See Modest Weekly Build
Commercial crude oil stockpiles, excluding the Strategic Petroleum Reserve, rose by 95,000 barrels to 428.9 million barrels in the week ended Aug. 21.
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The Fed Chairman Is Heading to Jackson Hole Without a Clear Stance on Inflation
Kevin Warsh has kept his views on interest rates close to the vest, leaving investors and Fed officials to guess how he plans to tackle persistent inflation.
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Stubborn Australian Inflation Adds Pressure on RBA
Australian consumer prices rose by more than expected in July.
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Thailand Central Bank Holds Rate Steady
The move comes as continued uncertainty around the Middle East conflict and fresh fiscal anxiety about the U.S. economy kept market pricing for rates moves in flux.
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Canada Hits Back at U.S. With Tariffs Targeting Midterm Hot Spots
New duties range from 15% to 50% on about $20 billion of goods, designed to protect domestic firms' market share.
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Fed May Need to Tighten Soon Without Progress on Inflation, Fed's Collins Says
Boston Federal Reserve President Susan Collins said she was comfortable with Fed's July decision to maintain interest rates at their current target range, but leaving them there will require continued evidence that inflation is cooling.
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Overseas IPOs Are Beating New U.S. Stocks. Thank You Japan-and AI!
A fund that invests in international companies that went public in the past few years is beating its U.S. counterpart. Japan's Kioxia is a big reason why.
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