LIUZHOU, CHINA – JULY 25: Robotic arms assemble auto parts at the workshop of Guangxi Liuzhou Zhuotong Auto Parts Co., Ltd. on July 25, 2026 in Liuzhou, Guangxi Zhuang Autonomous Region of China. He Huawen | Visual China Group | Getty Images China’s factory activity unexpectedly contracted in July for the first time since February,…
Economic growth was weaker than expected in the second quarter while inflation in June held well above the Federal Reserve’s goal, the Commerce Department reported Thursday. Gross domestic product, a broad measure of goods and services, increased just 1.5% for the April-through June period, according to Bureau of Labor Statistics numbers adjusted for seasonality and…
Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve Headquarters on July 29, 2026 in Washington, DC. Win McNamee | Getty Images Wall Street has a clear takeaway from this week’s Federal Reserve decision: A hike is likely on the horizon as inflation remains a top priority. The Fed opted to…
Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Singapore on Monday tightened its monetary policy for a second consecutive time, moving preemptively against a renewed oil price surge even as inflation at home stays subdued. The Monetary Authority of…
US President Donald Trump speaks at Wheeler High School, in Marietta, Georgia, on July 22, 2026. Saul Loeb | AFP | Getty Images U.S. trading partners from Canberra to Brasília have rejected the forced-labor rationale behind President Donald Trump’s new global tariffs, while most signaled they would keep negotiating rather than retaliate. The Office of…
US Federal Reserve Chair Kevin Warsh testifies during a House Financial Services Committee hearing titled “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC, on July 14, 2026. Brendan Smialowski | Afp | Getty Images He’s not quite at the level of obscurity of former Federal Reserve Chairman Alan Greenspan, but…
U.S. President Donald Trump signs an executive order on researching the effects of psychedelic drugs in medical treatment for veterans, on Saturday, April 18, 2026 in the Oval Office at the White House in Washington, D.C. The Washington Post | The Washington Post | Getty Images President Donald Trump said generic drugs imported into the…
Dock workers offload shipping containers from a ship at Port Everglades on April 20, 2026 in Fort Lauderdale, Florida. Joe Raedle | Getty Images The cost of goods brought into the U.S. posted an unexpected increase in June as the price of goods from China rose by their largest monthly level in more than 18…
Soccer fans gather for a watch party at China Basin Park during the World Cup semi-final match between Spain and France on July 14, 2026 in San Francisco, California. Heather Diehl | Getty Images While the FIFA World Cup provided a tourism boost to host cities, its positive impact was mitigated by economic weakness seen…
People shop for groceries at a store in Arlington, Virginia, the United States, on June 10, 2026. Li Rui | Xinhua News Agency | Getty Images Wholesale prices unexpectedly fell in June as sliding energy prices helped brighten the inflation picture, the Bureau of Labor Statistics reported Wednesday. The produce price index posted a seasonally…