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WTI surges above $84.50 as Strait of Hormuz standoff escalate
West Texas Intermediate (WTI) oil price appreciates after registering modest losses in the previous ...
PBOC leaves Loan Prime Rates unchanged in August
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LP...
US Treasury Department to buy back more longer-term bonds
The US Treasury Department said on Wednesday that it will buy back more of its longer-term bonds, in...
US PCE inflation data confirm steady disinflation
The United States (US) Personal Consumption Expenditures (PCE) Price Index pointed to a further moderation in inflation in June. The headline index fell by 0.1% MoM after a revised 0.5% increase in Ma ...
If a Bear Market Is Coming, History Says This Strategy Will Set Investors Up for Long-Term Success
With some discipline, you can actually come out ahead during bear markets. Here's how.
KOSPI fell 44%, SOXX 30%: Is US tech on the brink?
South Korea’s stock market has continued to fall today, turning the KOSPI into one of the biggest talking points among global investors.
PCE Inflation Cools, Underlying GDP Growth Strong As Markets Test Warsh Fed
The Fed's primary inflation gauge, the core PCE price index, was a bit tamer than expected in June, while second-quarter GDP growth missed economist forecasts, though consumer spending accelerated and ...
Australian Dollar: RBA sees inflation still above target – BNY
BNY’s Geoff Yu reports that Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter described Australia’s Consumer Price Index (CPI) as slightly softer than expected, mainly due to fuel prices ...
Mastercard Stock Rises as Earnings Get Boost From Growth in Payments Network
Mastercard giant posts second-quarter earnings that comfortably top expectations, fueled by growth in its payments network.
GDP shows the economy grew 1.5% in the second quarter — but it’s even better than it looks
Consumer spending and business investment in AI drive the economy forward
Fifa not ‘selling the World Cup’ in $20bn commercial plan, says adviser
Greg Maffei defends contentious proposal he helped shape as body’s move to bring in outside investors is hit by backlash
New Zealand Dollar: Business survey supports RBNZ hikes – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the New Zealand Dollar (NZD) is stronger against major currencies, with local bonds underperforming as domestic data improve.
Fed-favored PCE inflation gauge falls for first time since pandemic, but danger far from over
Lower gas prices after temporary Iran truce tugs inflation lower
US economy grew less than expected at 1.5% rate in second quarter
Slowdown comes amid continued impact from Middle East war
United States Gross Domestic Product Price Index above expectations (3.6%) in 2Q: Actual (6.3%)