U.S. inflation increased modestly in July, with prices rising 0.1% from June and 3.4% over the year, the Bureau of Labor Statistics reported Wednesday. The annual rate eased from 3.5% in June, while core inflation, excluding food and energy, rose 0.2% monthly and 2.5% annually. Shelter costs increased 0.1% and...
U.S. retail sales fell 0.6 percent in July, marking the largest monthly decline in over a year, according to Commerce Department data released Friday. The drop followed a revised 0.2 percent gain in June and missed economist expectations for a slight increase. Analysts attributed the pullback to fading tax refunds,...
The U.S. Treasury sold $25 billion of 30-year bonds on Thursday at a 5.216% yield, the highest auction rate for the maturity since 2001. The result exceeded July’s 5.058% yield and reflected investors’ demand for additional compensation to hold long-duration U.S. debt amid persistent inflation concerns and large federal borrowing...
New economic data released on Friday revealed a cooler inflation rate across the United States, intensifying divisions among Federal Reserve officials regarding future benchmark interest rate paths. Financial markets reacted immediately to the latest figures, which indicate easing price pressures across major consumer sectors. Several policymakers are currently weighing whether...
The U.S. government faces mounting fiscal pressures after a $25 billion auction of 30-year Treasury bonds cleared at a yield of 5.216 percent, the highest rate recorded since 2001. The auction results indicate that investors are demanding a heavy premium to absorb long-duration sovereign debt amid persistent inflation uncertainties and...
Pershing Square Capital Management has completely liquidated its equity position in Hertz Global Holdings Inc., accelerating a sharp market correction for the rental car company. The institutional exit was disclosed in Pershing Square’s fiscal report, following a severe breakdown in leadership confidence highlighted by Chief Investment Officer Ryan Israel on...
Chicago Federal Reserve Bank President Austan Goolsbee stated on Thursday that recent United States inflation data has shown notable improvement. Speaking in a television interview, Goolsbee expressed optimism that transitory pressures stemming from import tariffs and elevated oil prices are beginning to recede. While acknowledging that overall price growth remains...
The Trump administration has formally revived its effort to fire Federal Reserve Governor Lisa Cook, sending her a notice on August 5, 2026, over a mortgage‑application clerical error from years before her appointment. This follows the Supreme Court’s June 29 ruling that blocked the first attempt on procedural grounds—while also...
US producer prices were flat in July as the annual Producer Price Index slowed to 4.7% from 5.5% in June, undershooting Wall Street forecasts of 5%, according to Bureau of Labor Statistics data released August 13, 2026. The month-over-month headline figure held steady at 0.0%, driven lower by a 0.7%...
Major United States retail corporations are accelerating digital infrastructure investments to integrate generative artificial intelligence into core commercial operations. Industry disclosures confirm a decisive shift toward permanent enterprise deployment as conversational search tools and autonomous shopping assistants capture a growing share of consumer product discovery. Market data reveals that retail...
