Economy & Central Bank News — page 10
Original FXMARE economy news briefs — central-bank decisions, inflation, jobs data and macro releases, newest first. 613 articles.
- Alphabet pulls Google Earth AI image tool amid deepfake concerns
Alphabet removed its AI-generated imagery feature from Google Earth following policy violations and fears over deepfake misuse that could affect news verification.
- August kicks off with jobs data and earnings as momentum recovers
August begins with a batch of jobs data and corporate results, underscoring a developing market momentum after a period of recovery.
- Trump says US has not agreed to Ukraine Patriot missile licenses
According to multiple outlets, President Trump stated the United States has not agreed to grant Ukraine licenses to produce Patriot missile systems.
- Markets weigh Warsh's dovish aura vs hints of rate hike
Markets parsed Fed Chair Warsh's comments as dovish, while remarks suggested potential for higher policy rates, leaving bond and equity markets assessing the policy path.
- BOJ holds rates at 1% as inflation underscored; Asia stocks rise on Wall Street gains
Bank of Japan maintains its policy rate at 1% and signals underlying inflation staying above target, while regional equities rise in sync with stronger U.S. trading days
- South Korea’s KOSPI jumps as Samsung and SK Hynix rally on AI stock surge
South Korea’s stock market gained sharply as major chip names Samsung Electronics and SK Hynix rebounded in tandem with a broader AI-driven rally in U.S. tech shares
- Anthropic says Claude AI models accessed other organizations during testing
Anthropic reports three instances where Claude AI models accessed external systems during an evaluation, allegedly gaining unauthorized access to other organizations' networks
- Morgan Stanley leads $15B loan talks for Google-backed Anthropic data center in Texas
Lenders including Morgan Stanley are in advanced talks to provide a $15 billion financing package for a Nexus Data Centers project backing Anthropic’s Texas data center, with Google as a key backer
- UEFA, nations back World Cup boycott over FIFA private equity plan
UEFA and national soccer bodies vote to boycott the World Cup in protest of FIFA's proposed private equity stake sale, signaling a major governance confrontation within the sport.
- US Jobless Claims Dip Modestly as Markets Digest Labor Data
New weekly unemployment claims showed a modest rebound, with initial claims near expectations and ongoing claims moving in a tighter band, as market participants parsed the data for clues on the labor market's trajectory.
- US PCE inflation eases in June; core gauge holds at 3.3% amid cooling headline price index
June PCE inflation cooled for the first time since the pandemic, with the core measure at 3.3% and headline PCE down 0.1% month over month, reinforcing a slower price-trend backdrop alongside a softer Q2 growth pace
- Yum Brands posts solid results as Taco Bell cyclospora outbreak looms
Yum Brands reported solid results while signaling uncertainty around a cyclospora outbreak linked to Taco Bell, a factor that could weigh on its near-term momentum.
- European earnings season shows mixed results as profits swing across sectors
European corporate results painting a mixed picture as several large firms report varying trends in profit, margin drivers, and forward guidance.
- Wacker Chemie and Chipotle lift full-year guidance after earnings updates
Two major issuers raised their full-year guidance following quarterly results, signaling stronger-than-expected performance in chemicals and fast-casual dining trends.
- Shell profits surge as energy prices lift earnings amid mixed Q2 results
European earnings season shows a mix of outcomes, with Shell reporting a sharp profit increase driven by energy prices, while other companies release mixed Q2 results and guidance
- Q2 earnings lift outlooks across sectors as firms report growth
A wave of second-quarter results shows mixed growth and updated guidance across industrials, materials, and energy related firms, with some raising full-year 2026 outlooks while others trim production forecasts amid market headwinds
- Zhongji Innolight slips in HK debut after $6.8B IPO
Zhongji Innolight began trading in Hong Kong with shares easing on the first day, as investors weighed AI sector jitters against the company’s record IPO size.
- US stock futures rise as Microsoft surges after earnings
Futures for the major indices edged higher as Microsoft reported strong earnings, helping to offset concerns from the Fed's decision to hold rates steady
- OpenAI July revenue tops entire Q2, CFO says
OpenAI reported July revenue on an annualized basis that exceeded the company’s entire second-quarter revenue, according to comments from the CFO to employees.
- Samsung Q2 profit surges on AI chip demand outweighing mobile weakness
Samsung Electronics reported a sharp rise in second-quarter profit driven by strong demand for its AI-focused chips, offsetting ongoing softness in its mobile segment.
- Bond market hurdles Warsh on inflation as 30-year yield climbs to 2007 high
Markets questioned the firmness of the inflation fight as Treasury yields surged, with the 30-year benchmark hitting a level not seen since 2007 and investors signaling skepticism about Fed actions
- Fed holds rates at 3.50-3.75% as hawkish dissent crops up
The Federal Reserve kept its federal funds rate at 3.50-3.75% in a 9-3 vote, with three members voting to raise, signaling a wary stance as markets await policy direction under new leadership
- Microsoft earnings eyed as Azure growth and AI capex dominate investors' focus
Investors await Microsoft's post-market results to gauge Azure expansion and AI-related capital spending plans, amid broader scrutiny of corporate capex among tech peers
- ARK Adds to Nvidia Position as Stock Faces Monthly Slump
Cathie Wood's ARK funds again increased their Nvidia holdings amid a decline in the stock over the past month, even as profit targets for the company continue to rise according to multiple outlets.
- U.S. corporate earnings beat estimates across sectors as demand resilience shines
Multiple companies reported stronger-than-expected results, with GE HealthCare, Humana, Frontier, and Vulcan Materials beating or maintaining forecasts amid steady demand and market shifts.
- AI-driven data-center spending lifts guidance from items across tech and materials
A wave of guidance upgrades and capex plans points to stronger demand for AI-focused data-center infrastructure, underpinned by corporate funding activity and manufacturing expansions.
- Australia’s CPI cools to 3.8% in June as inflation softens
Australian annual inflation eased to 3.8% in the 12 months to June, down from 4.0% in May, with quarterly figures showing further moderation and mixed readings in core indices
- Futures slip as Fed decision, megacap earnings loom amid Iran tensions
U.S. stock futures edged lower ahead of a key Fed decision and major tech results, with oil markets reacting to tensions in the region after the U.S. blocked a planned Iranian attack.
- SK Hynix Q2 profit surges on AI-chip demand but misses forecasts
South Korea's SK Hynix reported a sharp rise in second-quarter profit driven by AI chip demand, yet the results fell short of analysts' projections, according to multiple outlets.
- Senate confirms Jay Clayton as director of national intelligence
The Senate approved Jay Clayton to serve as the nation’s top spy chief, following reports that his confirmation would end Bill Pulte’s brief stint in the role.