August 26, 2025 United States: US Core Capital Goods Orders Rise, Exceeding All Forecasts   US orders for business equipment increased in July by more than projected, suggesting companies are moving forward on investment plans as uncertainty around trade and tax policy gradually diminishes.   The value of core capital goods orders, a proxy for

August 25, 2025 United States: US Stock Rally Loses Steam After Fed Rate Cut Enthusiasm Fades   US stocks drifted lower Monday, after last week’s euphoria over the potential for interest-rate cuts faded as traders turned their attention back to tariffs and corporate America’s profit outlook.   The S&P 500 Index was down 0.2% as

August 22, 2025 United States: Bond Market Rate-Cut Bets Face Powell Reckoning at Jackson Hole   Bond investors are heading into Friday’s much-anticipated Jerome Powell speech largely expecting the Federal Reserve chair will indicate policymakers will start cutting interest rates next month.   Powell’s speech, slated for 10 a.m. New York time at the central