Economy

The Commerce Department revision shows firmer consumer spending and business investment, with inflation easing slightly.

Treasury Secretary Scott Bessent forecasts annual tariff inflows topping half a trillion.

Stocks (and gold) shot up in response to Powell’s talk, and Treasury yields declined in the wake of his comments, so let’s hope he follows through on this view.

The tech and retail giant is expanding its same-day grocery shipping in another bid to capture a bigger piece of the $1 trillion grocery market.

Since Russia invaded Ukraine in 2022, India has been one of Russia’s most significant trading partners, with annual bilateral trade reaching almost $69 billion.

Westpac says economic growth is likely to be modest in Australia over the coming year, but New Zealand’s will recover to more normal levels.

Major retailers avoided tariff-related price hikes by shifting supply chains and front-loading their ordering. Price increases are likely on the way.

The president said other countries’ digital taxes and regulations were ‘all designed to harm, or discriminate against, American Technology.’

Mortgage and auto loans represent the highest percentages of delinquencies.

‘There’s a reason that the world, especially Western, relatively capitalist countries, have moved away from state ownership,’ Cato analyst Tad DeHaven said.

Analysts optimistic for a September rate cut.

More than 15 percent of deals fell through last month, even as overall sales ticked higher.

The president announced that tariffs are coming for furniture imports, with a goal of restoring manufacturing to the United States.

The decision follows Trump’s executive order eliminating duty-free treatment for low-value imports into the country.

The Federal Reserve chair opened the door to rate cuts even as he cautioned about inflation in his closely watched Jackson Hole speech.

Household spending growth fell sharply in the first half of the year, with Fitch flagging a stagflationary risk.

Surge driven by exports and increased demand for domestic U.S. factory goods.

Despite worrisome signals, Fed economists see strength in the U.S. labor market.

In April, Breville announced it would make ’tactical adjustments’ to its manufacturing locations in response to the Liberation Day tariffs.

The Commerce Department revision shows firmer consumer spending and business investment, with inflation easing slightly.

Treasury Secretary Scott Bessent forecasts annual tariff inflows topping half a trillion.

Stocks (and gold) shot up in response to Powell’s talk, and Treasury yields declined in the wake of his comments, so let’s hope he follows through on this view.

The tech and retail giant is expanding its same-day grocery shipping in another bid to capture a bigger piece of the $1 trillion grocery market.

Since Russia invaded Ukraine in 2022, India has been one of Russia’s most significant trading partners, with annual bilateral trade reaching almost $69 billion.

Westpac says economic growth is likely to be modest in Australia over the coming year, but New Zealand’s will recover to more normal levels.

Major retailers avoided tariff-related price hikes by shifting supply chains and front-loading their ordering. Price increases are likely on the way.

The president said other countries’ digital taxes and regulations were ‘all designed to harm, or discriminate against, American Technology.’

Mortgage and auto loans represent the highest percentages of delinquencies.

‘There’s a reason that the world, especially Western, relatively capitalist countries, have moved away from state ownership,’ Cato analyst Tad DeHaven said.

Analysts optimistic for a September rate cut.

More than 15 percent of deals fell through last month, even as overall sales ticked higher.

The president announced that tariffs are coming for furniture imports, with a goal of restoring manufacturing to the United States.

The decision follows Trump’s executive order eliminating duty-free treatment for low-value imports into the country.

The Federal Reserve chair opened the door to rate cuts even as he cautioned about inflation in his closely watched Jackson Hole speech.

Household spending growth fell sharply in the first half of the year, with Fitch flagging a stagflationary risk.

Surge driven by exports and increased demand for domestic U.S. factory goods.

Despite worrisome signals, Fed economists see strength in the U.S. labor market.

In April, Breville announced it would make ’tactical adjustments’ to its manufacturing locations in response to the Liberation Day tariffs.