Economy & Central Bank News — page 7
Original FXMARE economy news briefs — central-bank decisions, inflation, jobs data and macro releases, newest first. 613 articles.
- Global bond rout lifts U.S. 30-year and German 10-year yields to multi-year highs
A broad sell-off in global debt markets pushes the U.S. 30-year yield to its highest level since 2007 and the German 10-year yield to its highest since 2011, underscoring inflation concerns and rising supply
- Q2 Revenue Growth Surges Reported by Diverse Firms, Nasdaq and Investing.com
New quarterly results show revenue gains across several firms, including a dramatic year-over-year rise at Serve Robotics and more modest increases at Multiconsult and Elopak, according to Nasdaq and Investing.com reports.
- Australia consumer sentiment rebounds to 88.9 after RBA decision
Australian consumer sentiment rebounds in August to 88.9, led by mortgage holders and following the RBA hold decision, but overall gloom persists
- Paramount seeks $1.88 billion bond from state AGs over WBD merger delay
Paramount seeks a $1.88 billion bond from state attorney generals to cover costs tied to delays in its Warner Bros. Discovery merger, as the case proceeds to trial.
- Anthropic's July revenue run rate nears $65 billion, up sevenfold from year ago
Anthropic reported an annualized revenue run rate around $65 billion for July, marking a substantial year‑over‑year growth, according to CNBC and Investing.com.
- US Treasury advances GENIUS Act rules as July deadline nears
The Treasury moves to propose and advance definitions for the GENIUS Act stablecoin framework, with key rules expected to take effect in January 2027 after a July deadline passes
- NAHB index climbs to 35 in August, beating expectations
The NAHB housing market index rose to 35 in August from 34, with the August print above consensus, while several subcomponents held steady versus July and yields moved higher.
- Treasury yields steady as markets await Fed minutes; dollar sells off
Investors held Treasuries steady ahead of Fed minutes while the dollar weakened on softer data, with Brent hovering around $90 a barrel as markets price in cooler inflation and cooling growth signals.
- RTX's Raytheon Wins $22.9 Billion Contract to Boost Tomahawk Production
Raytheon, a unit of RTX, secured a $22.9 billion U.S. Navy contract to accelerate Tomahawk cruise missile production.
- Ferrari Luce auctioned for $40 million as charity one-off
Ferrari’s Luce EV one-off sold for about $40 million at a charity auction, following the brand’s polarizing electric debut priced at roughly $640,000 two to three months earlier.
- Japan Q2 GDP Misses, but Export-Led Growth Keeps BoJ Hike Alive
Japan's Q2 GDP rose modestly, undershooting expectations, yet export-driven strength supports the case for a BoJ rate hike timing later this year, according to Action Forex and ForexLive reports.
- Nvidia considers $3 billion investment in SB Energy linked to OpenAI data center project
Nvidia weighs a roughly $3 billion investment in SoftBank's SB Energy as part of a broader OpenAI data center deal, with credit support discussions connected to an Ohio campus
- Berkshire expands Alphabet stake as bank exposure is trimmed in Q2
Berkshire Hathaway increased its Alphabet holding while reducing exposure to banks, with the stake valued at tens of billions and Alphabet rising into Berkshire's top holdings
- Mangione pleads guilty in federal case tied to UnitedHealthcare CEO killing
Mangione admits guilt on federal stalking charges connected to a high-profile case involving a UnitedHealthcare executive, as a separate state murder trial looms and questions of double jeopardy arise.
- Group including Jeff Bezos buys minority stake in Liverpool FC with option to become controlling owner
A consortium that includes Jeff Bezos has acquired a minority stake in Liverpool Football Club and holds an option to move into controlling ownership within the coming year, according to reports from multiple outlets.
- U.S. business inventories unchanged in June as retail draw offset gains elsewhere
U.S. business inventories held steady in June, with declines in retail inventories offsetting gains in manufacturing and wholesale stock, while sales slipped but remained solid for the year.
- US August UMich consumer sentiment slips to 51.0 on weaker than expected reading
Preliminary Michigan sentiment for August shows a sharper-than-expected drop, with the overall index at 51.0 and components underscoring a softer outlook on current conditions and future expectations
- US retail sales fall 0.6% in July as consumer momentum fades
July shoppers pulled back, with a drop led by lower energy spending and softer online purchases, underscoring a loss of momentum in domestic demand at the start of the third quarter.
- US vows unprecedented economic measures on Iran as Navy aids carrier Lincoln
U.S. officials signal the rollout of measures against Iran described as unlike anything seen before, as the Navy moves to support a troubled carrier amid escalating regional tensions
- OpenAI’s revenue chief quits after less than a year, second exec departure in days
OpenAI disclosed the resignation of its revenue chief after a brief tenure, with reports noting a second high-level departure in short succession
- Anthropic CFO Leads Early IPO Talks; Valuation Not on the Table
Anthropic’s chief financial officer is steering early investor discussions ahead of a potential IPO, with talks centered on business model, AI offerings, and company management rather than valuation details, according to reports.
- Eisman warns AI boom hinges on OpenAI and Anthropic, AI models’ Achilles’ heel
Steve Eisman says the current AI surge risks overreliance on a narrow set of firms, notably OpenAI and Anthropic, presenting a potential Achilles’ heel for the AI trade
- Databricks valued at $190 billion after $5 billion funding round
Databricks secures a $5 billion funding round, valuing the company at $190 billion as investor appetite for AI-enabled data analytics remains strong.
- Jefferies upgrades Five Below to Buy, sees TJX-like re-rating path
Jefferies upgrades Five Below to buy, signaling potential for a re-rating similar to TJX as the retailer leans into viral trends and improves productivity and strategy
- Nvidia partners with Wall Street to raise $500 billion for AI buildout
Nvidia teams with major Wall Street firms to marshal a potential $500 billion funding push for accelerated AI development, while analysts lift earnings expectations for the chipmaker amid broader market optimism
- UK GDP expands in June as services lift economy in Q2
UK June GDP rose as services supported the economy, with quarterly growth in Q2 hovering around the mid-0.4% range and services contributing strongly to the monthly uptick, according to two market-focused outlets.
- Ford to shift Lincoln production to U.S. from China by 2030
Ford plans to move Lincoln production back to the United States from China and to increase U.S. Lincoln output starting in 2030, according to multiple outlets.
- White House press secretary Karoline Leavitt to depart at month’s end
Karoline Leavitt will leave her White House role at month’s end, with President Trump citing family reasons following the birth of her second child in May
- Bank of America to buy up to 49.9% stake in Jio Credit for $1.92 billion
Bank of America enters a joint venture with Jio Financial Services to acquire up to 49.9% of Jio Credit for $1.92 billion, expanding the bank's footprint in India's digital financial services sector.
- Markets Mixed as Traders Await US Inflation Data
Stocks in Asia and Europe held mixed or steady as investors positioned themselves ahead of the US CPI report and clues on the Federal Reserve's pace of policy tightening