U.S. Home-Builder Sentiment Still Muted by Affordability Concerns
The NAHB/Wells Fargo Housing Market Index inched up to 35 in August from 34 in July as concerns about high mortgage rates, rising construction costs and the economy persisted.
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Dow Slips While Tech Stocks Inch Higher
Stocks were struggling for direction at the start of another quiet summer week that includes earnings from Target and minutes from July Fed meeting.
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Canada Inflation Heats Up to 3% in July
The consumer-price index rose 0.5% in July, bringing the annual inflation rate to 3%, Statistics Canada said.
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New York Manufacturing Activity Accelerates in August
The Federal Reserve Bank of New York said that its statewide manufacturing index of business conditions rose to 20.6, its highest reading in four years.
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Dollar Falls Sharply as Prospects Dim for Fed Rate Rise
The dollar fell to a 10-week low against a basket of currencies after U.S. data-including weak jobs and retail sales figures-prompted markets to further trim bets on U.S. rate rises.
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China's Economy Weakens on Several Fronts as Property Bust Worsens
Economic activity cooled as surging exports fueled by the AI boom failed to offset weakness in domestic demand.
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Growing Rate-Hike Bets Push 10-Year JGB Yield to Three-Decade High
Markets are rapidly pricing in tightening by the Bank of Japan at its next meeting in September, as a weak yen threatens to push up inflation.
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Earnings Are Crushing It. Stocks Are Riding High. Why Isn't Wall Street Moving on S&P 500 Price Targets?
Even bullish outlooks only suggest modest gains between now and the end of the year.
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Iran's Secret Plan to Escalate the War
Intercepted communications and other intelligence suggest a strategic shift by hard-line leaders to raise the costs for the U.S. and its regional allies.
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Why Big Tech's AI Spending Is $3 Trillion Higher Than It Seems
Massive spending commitments for data-center leases and chips aren't shown on companies' balance sheets.
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Here's the real reason oil prices aren't moving higher
Oil prices are not higher largely because the world does not want as much oil as it used to - and that's arguably the more troubling story.
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Japan's Economy Keeps Growing, But Weak Spending Could Vex BOJ
The Japanese economy managed to notch a third straight quarter of growth, but weaker spending slowed the pace of expansion, potentially complicating matters for the central bank.
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Central Banks Are Stuck in a Rinse-and-Repeat Cycle of Crises
By becoming market makers of last resort, policymakers are pumping up leverage and risk.
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Week Ahead for FX, Bonds: Fed Minutes, China Data in Focus
Minutes to the recent Federal Reserve meeting, where U.S. interest rates were left on hold, will be closely monitored for any clues on whether rates could rise next month.