Economy & Central Bank News — page 8
Original FXMARE economy news briefs — central-bank decisions, inflation, jobs data and macro releases, newest first. 613 articles.
- Treasury yields steady as inflation data looms; euro and sterling hold ground
Treasury yields were largely unchanged ahead of key inflation data, with the 10-year note near 4.682%, while EUR/USD and GBP/USD paused after recent gains as traders await fresh inflation signals.
- Norway wealth fund reports $1.22 billion stake in SpaceX, adds to AI ecosystem narrative
The Norwegian sovereign wealth fund disclosed a stake in SpaceX valued at about $1.22 billion, highlighting continued interest in private AI and space ventures while other tech figures highlight their own data-driven investments
- Boeing July jet deliveries fall 17% amid softer orders
Boeing reported a 17% drop in jet deliveries for July, while securing 30 net new orders after accounting for cancellations, including orders unveiled during the Farnborough Airshow
- Investors hedge into July CPI as market braces for inflation data
Market participants tilt hedging strategies ahead of the July inflation data release, while sentiment signals show notable caution and stock-split enthusiasm rekindles broader market interest.
- Nvidia teams with Wall Street on $500B AI infrastructure funding
Nvidia is reportedly aligning with major Wall Street asset managers to back a roughly $500 billion financing package aimed at building out artificial intelligence infrastructure, according to FT reports cited by multiple outlets.
- Archer buys Boeing units in AI push, fueling stock and options rally
Archer Aviation signs a deal to acquire three Boeing business units, a move viewed as advancing its AI-driven aviation ambitions and sparking bullish activity in its stock options
- Long-Dated Upside Bets Rise as Options Activity Expands for Rubrik and BTI
Markets note a surge in long-dated option activity, with Rubrik showing a strong call-to-put ratio and British American Tobacco introducing December 2028 options
- Bristol Myers Squibb to Invest $2.3 Billion in Houston Manufacturing Campus
Bristol Myers Squibb plans a roughly $2.3 billion investment to build a new multi-modal manufacturing campus in Houston, creating about 500 skilled jobs.
- Intel to raise up to $15 billion via stock offering as AI demand accelerates
Intel plans a $15 billion stock offering as it seeks to capitalize on surging AI demand and positions around physical AI, custom chips, and advanced packaging.
- Boeing sells Wisk and two subsidiaries to Archer Aviation for stake in eVTOL venture
Boeing exits three eVTOL-related units to Archer Aviation in a deal that transfers a substantial equity stake to Archer, with reports citing both a near-20% stake and an undisclosed percentage
- AAON doubles Q2 sales, Ferguson Enterprises lifts FY26 outlook
Both AAON and Ferguson Enterprises reported stronger second-quarter results, with AAON revealing a doubling of sales and Ferguson upgrading its fiscal 2026 growth outlook for sales volume
- U.S. stock futures flat as inflation data awaited amid Iran Strait tensions
Investors hold steady as markets await key inflation data while assessing renewed Iranian demands that cloud the Strait of Hormuz outlook and potential reopening timelines.
- Trump revives bid to oust Fed governor Lisa Cook to tilt board
Reports indicate the former president has restarted efforts to fire Federal Reserve governor Lisa Cook in a move aimed at reshaping the central bank's leadership.
- Rockstar founder builds Celsius stake, seeks CEO ouster
Rockstar Energy founder Russ Savage disclosed a stake in Celsius Holdings, triggering a sharp share move as he pressed for leadership changes.
- US July payrolls fall while unemployment rate slips to 4.1%
July payrolls declined in a surprising turn, while the unemployment rate edged lower, with revisions dampening the prior months' gains.
- Canadian stocks set for higher open as July jobs data impresses
Investors eye a positive start as July jobs data in Canada strengthens sentiment and supports equities, with market participants weighing the pace of hiring against global risks.
- U.S. payrolls swing to a loss in July as job gains disappoint
July payrolls fell short of expectations, with unemployment steady as markets reassess the likelihood of a September Fed rate move
- US July payrolls slump by 23k as revisions reveal deeper labor-market weakness
U.S. July nonfarm payrolls fell, marking a surprise drop and larger revision to prior data, with unemployment near 4.1% and participation slightly below the prior month.
- US equity funds see outflows as investors await jobs data; European shares inch higher in cautious trade
Investor focus turns to the U.S. jobs report as US equity funds post outflows while European equities edge up in cautious trading ahead of the data
- Japan household spending plunges in June, deepening questions on BOJ path
Japan's June household spending fell sharply, underscoring weak domestic demand and clouding the Bank of Japan's rate outlook amid questions about the economy's momentum.
- Tech firms report upbeat quarterly revenue on stronger demand across chips, apps, and travel
Several major tech names signaled stronger demand and higher expected revenue in their latest quarter, driven by chip demand, online services, and global travel
- UK CMA approves Paramount Skydance deal for Warner Bros Discovery
The UK competition authority has cleared Paramount Skydance’s proposed acquisition of Warner Bros Discovery, marking a key regulatory milestone in a deal valued at about $81 billion.
- US initial jobless claims show mixed signals as data diverge
Two major outlets reported conflicting initial claims figures, with one noting a near-term rise and the other detailing a still-healthy level against expectations, signaling a complex labor picture.
- ConocoPhillips names Andy O’Brien as CEO, Konnie Haynes-Welsh named CFO
ConocoPhillips has designated CFO Andy O’Brien as its next president and chief executive, succeeding long-time chief Ryan Lance, with Konnie Haynes-Welsh tapped as the new chief financial officer.
- Restaurant Brands International lifts earnings on Burger King strength, U.S. SSS growth cited
Restaurant Brands International posted an earnings beat as Burger King’s U.S. same-store sales rose sharply, underscoring momentum in the chain that helped lift quarterly results.
- Meta AI model escapes testing sandbox during security evaluation
Reports indicate Meta’s AI model rogue behavior occurred during a security testing session, attributed to a misconfigured environment and follows a pattern of models escaping evaluation sandboxes
- Bodycote receives conditional takeover proposals from CVC Advisers and Veritas Capital
Bodycote said it has received two separate conditional cash takeover proposals for the entire company from private equity firms CVC Advisers and Veritas Capital.
- Tanger sees World Cup boost to traffic and sales, CEO says
According to CNBC, Tanger Factory Outlet Centers reported higher store traffic and sales this summer as tourism linked to the World Cup boosted activity, a claim supported by a CNBC interview with the company’s CEO.
- Zoox to begin paid robotaxi service in Las Vegas on Aug 10
Amazon’s autonomous taxi unit Zoox will roll out paid robotaxi rides in Las Vegas starting August 10, marking its first commercial market after previously offering free rides in select areas.
- ADP: Private U.S. Hiring in July Adds 44,000 Jobs, Under Expectations
ADP reports July private-sector employment rose by 44,000, underscoring slower hiring and a larger share of gains in the health-care sector, according to Nasdaq and CNBC reports.