Macroeconomic data, trends, and policy developments.
Coverage of key economic indicators, central bank policy decisions, inflation trends, labor data, and growth signals. This category focuses on the macroeconomic forces that shape markets, interest rates, and long-term capital allocation.
7,101 total articles
JPMorgan Chase, under Jamie Dimon’s long-running leadership, has pushed its market value close to $1 trillion following a record profit and a robust quarter for trading and investment banking. The bank’s size and diversified operations have amplified gains, yet reaching the milestone raises investor expectations and exposes the firm to potential vo…
M&T Bank reported higher net income for the second quarter, driven by growth in interest income and trust-related revenue. The bank recorded a wider net interest margin, increased loan balances, and a modest fall in provisions for credit losses, while mortgage banking revenue edged down. Net income available to common shareholders rose to $781 mil…
A Quaest survey commissioned by Genial and released on July 9 finds President Luiz Inacio Lula da Silva increasing his margin over Senator Flavio Bolsonaro ahead of the October presidential contest. The poll reports Lula leading in both a hypothetical second-round runoff and in a first-round multi-candidate alignment, while capturing recent politic…
U.S. officials are preparing to announce a 25% tariff on thousands of Brazilian imports after months of negotiations that Brazilian officials describe as unproductive. The measures, based on Section 301 authority, could hit more than 4,000 product lines and represent roughly $15 billion in annual trade. Brazil has rejected the U.S. allegations unde…
The Bank of Canada is expected to leave its policy rate unchanged as a recent rise in headline inflation—primarily tied to gasoline—has eased and economic output shows a mixed pattern, including a technical recession at the end of March followed by a strong rebound in April. Most forecasters and markets see little appetite for an immediate move in …
A tanker transporting Mexican crude for Cosmo Oil, a Cosmo Energy unit, is slated to reach Japan as soon as Friday, the Ministry of Economy, Trade and Industry said. The shipment, routed from the Gulf of Mexico via the Cape of Good Hope, will call at the Yokkaichi refinery in central Japan before going on to the Chiba refinery near Tokyo. It is the…
Bank of Israel Governor Amir Yaron told a Calcalist conference that the next Israeli government must stop the rise in public debt, address an enlarged defence budget, and increase investment in growth sectors such as education and infrastructure. He reiterated the need to integrate certain population groups into the labour force, signalled room for…
A St. Louis Federal Reserve analysis recommends redefining core Personal Consumption Expenditures (PCE) inflation to exclude only energy goods such as gasoline, rather than the broader set of food and energy items currently omitted. The change would include grocery and utility costs in the core measure, raise the share of consumer spending represen…
U.S. stock futures ticked higher after June inflation readings came in below expectations, reducing near-term rate-hike concerns. Investors digested a fresh wave of strong bank earnings and a bullish update from Dutch chip-equipment maker ASML, which lifted its 2026 revenue outlook. At the same time, heightened tensions in the Middle East - includi…
The India-UK Comprehensive Economic and Trade Agreement took effect on July 15, creating tariff reductions and expanded services market access on both sides. Indian exporters gain immediate duty-free entry to most British tariff lines, aiding labour-intensive industries, while the UK secures phased concessions in areas such as automobiles and broad…
European Central Bank policymaker Martin Kocher said the bank has not observed second-round inflation effects from the U.S.-Israeli war on Iran so far, but is monitoring indirect price pressures from the conflict and is prepared to act if necessary. He warned that the intensity and duration of the war create substantial uncertainty and noted that m…
ASML, the sole producer of EUV lithography machines, is due to publish second-quarter results with analysts forecasting modest profit and revenue gains. The stock faces elevated expectations after a sharp market reaction to IBM’s earnings highlighted how AI-related shifts in corporate spending can rapidly re-order winners and losers. Broader market…
Overseas investors significantly increased their net acquisition of U.S. financial assets in May, recording a $132 billion inflow according to the Treasury Department's latest capital report. This momentum extends a robust twelve-month trend that has now accumulated $1.33 trillion in long-term foreign purchases. The data reveals a deliberate reallo…
Argentina's consumer prices rose 1.9% in June, the national statistics agency INDEC reported, continuing a three-month trend of decelerating monthly inflation. The 12-month inflation rate climbed to 33.5% through June, slightly below analyst forecasts, while some categories such as recreation and housing saw larger price gains and communications an…
U.S. Treasury yields declined after government data showed consumer inflation cooled in June by more than economists had expected. The Consumer Price Index rose 3.5% year-over-year, below May's 4.2% and analysts' forecasts, while monthly CPI fell 0.4%. The 10-year Treasury yield posted its largest single-day fall since June 24, and markets trimmed …
U.S. envoys are coordinating discussions with Iraqi and Syrian officials and energy firms about reviving a pipeline that would carry oil from Iraq to Syria's western coast, creating an export corridor that bypasses the Strait of Hormuz and could reduce Iran's influence over seaborne energy flows. The talks include proposals to rebuild the Kirkuk to…
The U.S. Food and Drug Administration has begun traceback investigations of several produce items as authorities work to pinpoint the source of a cyclosporiasis outbreak, while the Centers for Disease Control and Prevention reviews thousands of additional possible cases and tightens clinical guidance and public reporting cadence.
Chicago Federal Reserve President Austan Goolsbee described June's consumer price inflation figures as encouraging but warned that a single month's data cannot confirm a return to the Fed's 2% inflation goal. Speaking in Kenosha, Wisconsin, he noted improvements in services inflation and said his outlook would brighten only if PCE measures mirrored…
Iraqi Prime Minister Ali al-Zaidi said he expects Iraq to receive a fair share within OPEC as he held bilateral talks at the White House with U.S. President Donald Trump. The trip to Washington aims to secure substantial U.S. investment in Iraq's oil, gas and power sectors after war-related damage that weakened crude output and state finances. Al-Z…
Federal Reserve Chairman Kevin Warsh told the House Financial Services Committee that he is equally committed to the central bank's employment mandate as he is to its inflation mandate, emphasizing that the two goals are not mutually exclusive. When asked about targeted steps to narrow Black-white unemployment disparities, Warsh said the United Sta…
Harriet Rees, the finance ministry's appointed AI champion and Starling Bank chief information officer, said Britain must rapidly develop domestic AI infrastructure, models and skills after most UK lenders were unable to access Anthropic's advanced AI model, Mythos. The limited rollout, which included U.S. lender JPMorgan, has prompted recommendati…
Manna, the Ireland-headquartered autonomous delivery operator, has begun full-scale U.S. operations in Tulsa, Oklahoma, and says 90% of local residents will be able to order drone deliveries within a year. The company plans to begin flying orders within two months, open 40 local bases by mid-2027 and leverage partnerships with DoorDash and Uber Eat…
Federal Reserve Governor Kevin Warsh told the U.S. House Financial Services Committee that any adjustments to the Fed's balance sheet policy will be publicly previewed, explained and debated. He emphasized that markets and congressional overseers would receive ample advance notice, reiterated that his views on the balance sheet are well known, and …
Federal Reserve Chair Kevin Warsh told lawmakers he would provide substantial advance notice to Congress and to financial markets before any adjustment to the central bank's balance sheet policy. Speaking to the House Financial Services Committee, Warsh reiterated that balance sheet decisions would be previewed, explained and debated, and that he w…
Major U.S. banks reported robust second-quarter earnings driven by booming investment banking fees and heightened trading revenue. Large IPOs and megadeals — including roles in a roughly $86 billion initial public offering — helped push investment banking revenue to its highest levels since 2021. Executives cautioned that geopolitical tensions, lof…
