August 28, 2025 United States: US Economy Expands at Revised 3.3% Rate on Stronger Investment The US economy expanded in the second quarter at a slightly faster pace than initially estimated on a pickup in business investment and an outsize boost from trade. Inflation-adjusted gross domestic product, which measures the value of goods
August 27, 2025 United States: US Tariffs Rattle Indian Exporters, Fueling Calls for Support Indian exporters hit by President Donald Trump’s 50% tariff say they can’t survive without government support, as calls for relief grow. The tariffs — which took effect Wednesday in Washington — doubled the previous 25% duty and are now
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
August 21, 2025 United States: US Jobless Claims Rise, Adding to Signs of Slowing Labor Market Applications for US unemployment benefits rose last week to the highest level since June and continuing claims climbed, adding to evidence the US labor market is slowing. Initial claims increased by 11,000 to 235,000 in the week
August 20, 2025 United States: US Stocks Poised to Extend Losing Streak Ahead of Jackson Hole Stocks headed for a fourth straight day of declines as investors questioned sky-high valuations amid a deluge of earnings reports from retailers, with a closely watched Federal Reserve symposium to come later this week. The S&P 500
August 19, 2025 United States: US Housing Starts Rise to Five-Month High, Led by Multifamily Housing starts in the US climbed in July to five-month high, led by the strongest pace of multifamily construction in more than two years. New residential construction increased 5.2% last month to an annualized rate of 1.43 million
August 18, 2025 United States: Powell Has Reason to Hedge Jackson Hole Signal as Data Zigzags Jerome Powell has the ideal platform Friday to deliver a clear signal the Federal Reserve is about to resume cutting interest rates. But the economy isn’t giving him an equally clear signal that now is the time.
August 15, 2025 United States: US Retail Sales Climb in Broad Advance After Upward Revision US retail sales rose in July in a broad-based advance, boosted by car sales and major online promotions in a sign consumers stepped up their spending in recent months. The value of retail purchases, not adjusted for inflation,
