Economy & Central Bank News — page 9

Minneapolis Fed President Neel Kashkari advocated beginning gradual rate hikes at the latest FOMC discussion, arguing delaying moves could risk inflation developing further, according to reports from Action Forex and CNBC.

ADP data shows July private payroll growth at 44,000, far below forecasts, with June revised higher and sector details showing mixed momentum

Ahold Delhaize reported a second-quarter result that topped profit expectations amid cost reductions and market gains, while underlying profitability eased and sales rose, with the group reaffirming its outlook for FY26.

Siemens Energy reports higher quarterly profit and revenue, with orders also up, reinforcing its FY26 outlook according to multiple outlets.

GM renews its China joint venture with SAIC for two decades following a corporate restructuring, keeping focus on domestic Buick and Cadillac sales while exporting Chevrolet models produced in China to non-U.S. markets, amid ongoing US-China tensions.

June wages rose in Japan, marking a seventh consecutive month of firm income gains and strengthening arguments for gradual Bank of Japan policy normalization.

Japan’s services activity slowed in July amid weak demand while selling prices climbed toward recent highs, suggesting a stagflation-like dynamic and keeping the BOJ in focus for potential policy tightening.

New Zealand’s June quarter labour survey showed the jobless rate at 5.6%, up from 5.4%, with participation rising and surveys pointing to a mixed picture for employment demand.

Prudential Financial reports higher second-quarter income, driven by gains in its asset-management and life-insurance units, according to multiple outlets.

Several large-name results point to a varied picture for the second quarter, with Mattel missing estimates while Amgen and Gilead beat, and Lucid signaling a reset with no updated guidance.

Anthropic appoints a former California justice as its global affairs chief to steer AI policy discussions as tensions with the Trump administration intensify and regulatory controls persist

Procter & Gamble agreed to buy supplements maker Thorne for $3.8 billion, a move EVA aimed at strengthening its health business, according to CNBC and Investing.com.

New Jersey sues Amazon, alleging the company’s third-party delivery model suppresses driver pay and worsens working conditions while curbing competition.

Commerce Department data indicate June factory orders declined unexpectedly, with market whispers of revisions to prior months' durable goods figures cited by multiple outlets.

Rising demand for laboratory equipment and continued strength in construction machinery tied to data-center expansion prompted raised forecasts and better-than-expected results from key industrial players.

European equities hover near records while copper approaches prior highs, and Vanguard ETFs reach new peaks amid AI-linked headlines

A stronger-than-expected New Zealand jobs report could keep the Reserve Bank of New Zealand on a hawkish path and support the kiwi against the aussie, according to market commentary.

July consumer inflation in South Korea eased on the headline and monthly basis while core inflation rose to a multi-year high, potentially giving the BOJ (Bank of Korea) policy room amidst persistent price pressures

Palantir Holdings raised its annual revenue outlook as demand from U.S. government and commercial clients strengthened and quarterly results beat expectations.

A Fed survey indicated no change in business lending standards in Q2, while the manufacturing PMI discussion highlighted persistent inflation concerns and increased pressure on policy.

Former president criticized Exxon and Chevron for earning what he described as excessive profits as oil prices rose amid geopolitical tensions, urging actions to reduce gasoline costs.

Michigan reports two Cyclospora-related deaths as outbreaks draw attention from investors, weighing shares of related restaurant chains and helping shape the day’s market narrative.

The FAA has certified and approved the 737 MAX-7 for production, clearing the smallest model in the MAX family to fly after delays, with airlines expected to integrate the aircraft into service over months.

Analysts diverge on Circle Internet Group, with Morgan Stanley cutting to Underweight while TD Cowen initiates coverage at Buy, signaling a split view on the stablecoin issuer's prospects.

KKR, via an affiliate of its funds, to acquire Integer Holdings in an all-cash transaction valued at an enterprise value of approximately $5.7 billion, with a per-share price of $127

Worley secures an engineering services contract to support the development of a cobalt refinery factory in Missouri, reinforcing its role in the metals industry alongside United States Strategic Metals.

Sandoz has reached a $450 million settlement to resolve U.S. antitrust allegations tied to its generic-drug business, while reaffirming its outlook for fiscal year 2026.

July saw Australia’s manufacturing PMI finalise at 52.0, the strongest since January, with output and new orders returning to growth while inflation and supply risks temper confidence.

Strategy maintains its STRC preferred dividend at 12% despite the stock trading below its $100 par value, marking a departure from the previous pattern of boosting payouts when priced under par

FIFA has scrapped its plan to offload part of its World Cup business to external investors following opposition from member associations, with reports also noting leadership changes and a proposed valuation in the press