U.S. Q2 GDP Growth Estimate Held Steady at 1.5%
The Bureau of Economic Analysis has confirmed the U.S. Q2 GDP growth estimate at 1.5% in its second reading, indicating stable economic performance.
The Bureau of Economic Analysis has confirmed the U.S. Q2 GDP growth estimate at 1.5% in its second reading, indicating stable economic performance.
Core PCE inflation rose as expected in July, with headline PCE also accelerating, indicating ongoing inflationary pressures in the economy.
The personal consumption expenditures price index shows core prices increased 3.3% year-over-year in July, influencing Federal Reserve policy considerations.
US consumer spending remained flat in July, while a key inflation measure rose as expected, providing the Fed with leeway to maintain current interest rates.
The governor of Uzbekistan's central bank suggests a potential rate cut this year, citing progress in controlling inflation and a focus on economic growth.
Vanguard's $4 billion acquisition of Altruist aims to enhance AI-driven wealth management, potentially reshaping competition and lowering fees in the industry.
Hyperliquid Policy Center and trade[XYZ] are advocating for the CFTC to permit energy perpetual contracts, aiming to improve market efficiency and liquidity.
Durable goods orders in the US rose 1.1% in July, indicating a strengthening manufacturing sector that could impact GDP growth and Federal Reserve policies.
Engineers in Utah are testing oil fracking techniques to develop new underground reservoirs for geothermal energy, aiming to enhance renewable energy sources.
European markets see slight gains as oil prices drop sharply, driven by optimism over Iran peace talks and potential reopening of the Strait of Hormuz.
Meta's revised Project OT layoffs reflect the difficulties in achieving AI efficiency while maintaining employee morale and organizational stability.
The Blockchain Association is urging the SEC and CFTC to allow equity perpetual contracts in US markets, aiming to enhance trading options for investors.
Brazil's annual inflation has decreased into the tolerance range, providing central bankers with more flexibility to consider further rate cuts.
AllianceBernstein has lowered its price target for Strategy to $350, citing equity dilution and interest rates, yet maintains a bullish outlook for Bitcoin at
Four Federal Reserve bank boards expressed a desire for a rate hike prior to the decision to hold rates steady in July 2026, indicating differing views on
Brent crude futures decline over 9% this week as Iran and Oman discuss a temporary shipping corridor through the Strait of Hormuz amid rising oil loadings.
Stock futures remain flat as investors await the PCE report and Nvidia's earnings, with expectations high for insights into AI demand and market trends.
In a recent podcast, Topsoe's CEO highlights the role of catalysts in optimizing energy use in the chemical industry and the company's green hydrogen
Toronto-Dominion Bank emphasizes the need for tax reform to stimulate a C$1.5 trillion investment boom, aiming to enhance Canada's economic competitiveness.
Futures remain flat as traders prepare for upcoming inflation data and Nvidia's earnings report, which could influence market direction.