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US consumer confidence little changed in July amid high prices
US consumer confidence was little changed in July, for a third month in a row, the results of a closely followed survey showed.
US personal incomes undershoot forecasts in June, inflation dips
Americans continued to spend at a steady pace in June while inflation slowed alongside.
US Q2 GDP grows more quickly than expected
America's economy grew more quickly than expected last quarter as companies ramped up investment and amid inventory accumulation.
UK car production falls in June as manufacturers retool
Automobile output in the UK fell in June as carmakers retooled lines to produce electrified models, a business lobby group said.
US private sector output growth picks up slightly in July
Private sector activity in the US held up well in July, even as factory output shrank for the first time since January, survey results revealed.
Euro area PMIs show private sector nearly stagnated in July
Activity in the euro area's private sector nearly stalled by surprise in July, the results of two closely followed surveys showed, with growth in France and Germany underperforming.
China PBoC cuts interest rates
Rate-setters in China lowered their short-term policy rate for the first time since the summer of 2023.
Fed's Powell says 'greater confidence' on falling prices still needed
The head of US central bank told lawmakers again on Tuesday that policymakers needed "greater confidence" that inflation was headed permanently lower before they could interest rates.
US payrolls undershoot forecasts by wide margin on revisions
Hiring and wage growth in the US eased as expected last month, but after a much faster-than-expected slowdown over the previous two months.
US services sector activity shrinks very sharply in June, ISM says
Services sector activity in the US slowed very sharply last month, a closely followed survey showed.
US job cut announcements drop again in June, Challenger says
Job cut announcements appeared to repeat the pattern observed in 2023, dropping quickly in June, the results of a closely followed survey revealed.
US foreign trade deficit shrinks a tad more quickly than expected in May
America's shortfall on trade with the rest of the world increased slightly in May, as both domestic and foreign demand softened.
US job openings rise slightly in May
Job openings in the US rose modestly last month and more Americans felt secure enough to hazard leaving their job voluntarily and find new employment.