|
Lagging consumer spending and business investment offset the boost from strong exports thanks partly to the boom in artificial intelligence.
|
|
Stock market today: Dow, S&P 500, Nasdaq futures extend gains ahead of earnings, wholesale inflation data Yahoo FinanceWholesale prices unexpectedly declined 0.3% in June on big drop in gasoline CNBCWholesale inflation improved as energy prices fell last month — but relief may be temporary CNNInflation Slowed to 3.5% in June, as Americans Got a Break From Gasoline Prices WSJ
|
|
China's GDP Growth Weakens to 4.3%, Below Official Target Range Bloomberg.comChina's Economy Grows at Slowest Pace in Years The New York TimesChina economic growth falls sharply, missing target BBCChina posts slowest quarterly growth since 2022 as investment slumps, fanning stimulus calls CNBCChina misses growth target for first time since Covid as Iran turmoil roils global trade
|
|
Watch Live: Todd Blanche, Trump's Attorney General Pick, Answers Questions at Confirmation Hearing The New York TimesBlanche's slip-up on his Trump relationship: 'I'm his lawyer' PoliticoTrump attorney general pick Todd Blanche faces questions in confirmation hearing CNNBlanche, Clayton grilled in tense confirmation hearings The Hill
|
RELATED ARTICLES | | |
|
As with consumer prices, the index benefited from easing energy costs, particularly as oil fell due to the brief pause in tensions between the U.S. and Iran.
|
RELATED ARTICLES | | |
|
Home prices are growing much slower than they did during the pandemic-era buying frenzy.
|
|
Travis Scott Is All Business in Sleek-Cut Suit at 'The Odyssey' NYC Premiere TMZ‘The Odyssey' New York City Premiere: Zendaya, Anne Hathaway and More Celebrity Style, Photos WWDZendaya's Ethereal Dress Reimagines One of Her Past Looks YahooZendaya Looks Ethereal in Gown Complete With Dramatic Angel Wings That Law Roach "Put on Hold" for Her Over Two Years Ago instyle.comZendaya Just Ditched Her Signat
|
|
Part of congressionally mandated Capitol Hill appearances for the central bank leader, Warsh spoke Tuesday to the House Financial Services Committee.
|
|
Number of UES buildings with positive Legionella tests more than doubles since preliminary findings GothamistDozens of New York cooling towers test positive for Legionnaires' bacteria as outbreak reaches 60 cases CNNLegionnaires' outbreak: 76 buildings ordered to clean cooling towers, including the Met ABC7 New YorkNew York Is Having a Legionnaires' Outbreak. Here's What to Know. The New York Times
|
|
ICE should do traffic stops despite recent shootings, Trump says, seeming to oppose new suspension AP NewsTrump says ICE should resume traffic stops after his own administration suspended them CNNICE leadership surprised by Trump calling for continued immigration traffic stops NBC NewsAfter fatal ICE shooting in Maine, Susan Collins faces scrutiny over her role as a Trump administration middleman The Boston GlobeColombian Immigrant Killed by ICE in Maine Had Legal Status, Father Says
|
RELATED ARTICLES | | |
|
U.S. oil refiners are about to report a historic profit surge as the industry takes advantage of supply disruptions.
|
|
Live updates: US launches new attacks on Iran as battle for control over Hormuz intensifies CNNUS resumes blockade on Iran, launches strikes after attacks in Strait of Hormuz Fox NewsU.S. launches fresh wave of strikes on Iran, as analysts warn conflict risks becoming 'forever war' CNBCIran war live: US launches new wave of strikes and Tehran threatens to close shipping routes Reuters
|
|
JPMorgan Chase CEO Jamie Dimon unveiled a $24 million package to bolster American shipbuilding, funding a new submarine facility at the Philadelphia Navy Yard.
|
|
The proposed industry-funded regulator could replace ad hoc government crackdowns with clearer rules—or give prominent AI companies a role in writing them.
|
|
Sean 'Diddy' Combs Sells His Star Island Estate For $55 Million TMZSean 'Diddy' Combs Sells $55M Miami Mansion He Tried To Use as Bail Collateral in Sex-Trafficking Case Realtor.comSean "Diddy" Combs sells waterfront Star Island mansion for $55M The Real DealSean Combs sells notorious Star Island mansion for $55M The Business Journals
|
|
Morgan Stanley Joins Wall Street Rivals With Stock-Trading Boon Bloomberg.comMorgan Stanley is set to report second-quarter earnings — here's what the Street expects CNBCMorgan Stanley Q2 2026 earnings: record revenue and profit qz.comMorgan Stanley Profit Rises 58% on Trading, Dealmaking Strength WSJ
|
|
Spanish mid-market investor Talde Gestión has raised more than €155m at the first close of its third flagship growth equity vehicle, reaching almost 80% of its €200m fundraising target.
The post Talde secures €155m first close for third flagship growth fund appeared first on AltAssets Private Equity News.
|
|
China reports lowest GDP growth in more than 3 years Financial TimesChina's Economy Grows at Slowest Pace in Years The New York TimesChina economic growth falls sharply, missing target BBCChina misses growth target for first time since Covid as Iran turmoil roils global trade CNNChina posts slowest quarterly growth since 2022 as investment slumps, fanning stimulus calls CNBC
|
|
The Berkshire Hathaway chairman left out the Gates Foundation from his annual charitable stock gifts for the first time in 20 years.
|
|
IBM stock just saw its worst trading day in a century.
|
|
AI isn't waiting for your five-year plan.
|
|
The United States reinstated its blockade on Iranian ports in the Strait of Hormuz and shipping slowed to a crawl amid the renewed warfare in the critical waterway.
|
|
Crisis team will prepare for possible trade conflict when truce expires in October
|
|
The U.S. and Iran standoff over the Strait of Hormuz intensifies NPRInside the 24-hour sprint to convince Trump to drop his plans to toll Strait of Hormuz CNNTrump and Iran signed a truce but still can't agree on what its terms mean The Washington PostDonald Trump has no good options for reopening the Strait of Hormuz The Economist
|
|
The California State Teachers' Retirement System has agreed to anchor a $2bn strategic partnership with Nuveen targeting sustainable infrastructure credit investments.
The post CalSTRS anchors Nuveen sustainable infrastructure credit strategy in $2bn partnership appeared first on AltAssets Private Equity News.
|
|
Ukraine Pounds Russian Ships in Its Campaign to Cut Off Crimea The New York TimesMaps: Ukrainian drone strikes choke Russian shipping in the Sea of Azov ReutersUkraine Says It Hit Russian Oil and Gas Tankers in the Black Sea Bloomberg.comUkraine's lightweight drones stretch Putin's defences all the way to Siberia The TelegraphUkraine forces hit more than
|
|
'I wouldn't call it panic': Industry quails at Hochul's data center pause PoliticoNew York becomes first U.S. state to impose AI data center ban CNBCNew York offers Democrats a roadmap for data center fight AxiosNew York Just Banned Large Data Centers—5 Numbers Explain Why the Backlash Is Spreading Nationwide Realtor.com
|
|
The first blockade in April choked off Iranian exports without causing a lasting price surge. Now global oil reserves are lower, and ships face heightened risks.
|
|
In Bangkok Bar Blaze, Signs of Fatal Lapses Repeated Across the World The New York TimesThailand probes possible negligence in deadly Bangkok bar fire BBCDeath toll in Thai pub fire rises to 32, officials say, with dozens still in hospital ReutersDeath toll from a Bangkok music bar fire rises to 30, dozens remain in hospital NPRBangkok bar fire: death toll reaches 30 as police say negligence is ‘primary theory' The Guardian
|
|
Paramount Skydance Agrees to Link Merger Antitrust Case to Pre-Existing Paramount Subscriber Suit VarietyWriters Guild of America files lawsuit to block Paramount-Warner Bros Discovery merger Telegraph IndiaThe Paramount-WBD legal battle: What happens next? CNNExclusive / Paramount weighs leaving California over Warner Bros. rift Semafor
|
|
CPI Report Live Updates: Inflation Cools to 3.5% Annually as Oil Prices Drop The New York TimesInflation Slowed to 3.5% in June, as Americans Got a Break From Gasoline Prices WSJA Better Day for Inflation, a Bummer for IBM Bloomberg.comStock futures are flat after soft inflation reading lifts market: Live updates CNBC
|
|
Dutch lower mid-market investor DELTA Equity Partners has raced to a final close of its second flagship fund on its €125m hard cap, just four months after launching the vehicle.
The post DELTA Equity Partners hits €125m hard cap for second buy-and-build fund appeared first on AltAssets Private Equity News.
|
RELATED ARTICLES | | |
|
Goldman Sachs and JPMorgan showed that Wall Street is a major beneficiary of the AI boom, with record revenue driven by surging trading and investment banking.
|
|
AI is changing the way tax professionals work in significant ways, but none of them involve massive job losses or shrinking demand for accountants and auditors.
|
|
Inflation eased in June but economists say tariffs, AI-driven demand and renewed fighting between the U.S. and Iran could keep price pressures elevated for months to come.
|
RELATED ARTICLES | | |
|
Twelve states sued to block the $110-billion merger. Past antitrust fights show they may not need a final courtroom victory to make the transaction costlier—or change its terms.
|
|
Lightspring Capital Partners has held the final close of its second flagship fund on just over $218m, strengthening its position in the US lower middle market.
The post Lightspring Capital closes $218m second fund as lower mid-market specialist expands SBIC platform appeared first on AltAssets Private Equity News.
|
|
President Donald Trump, his Treasury secretary and his choice to lead the Federal Reserve believe they can coax the U.S. economy into partying like it's 1999.
|
|
Highlights of Wharton Marketing Matters episodes featuring Connor Blakley, founder of Youth Logic, discussing the origins of his company, how to effectively reach Gen Z, and the missteps brands often make with this generation, and David Picioski, Head of Global Brand Partnerships and Collaborations at Wilson Sporting Goods Co., who shares insights on Wilson's partnership with the NBA, relationships with players, the brand's ambassadorship with Caitlin Clark, and the role of technology in product innovation. Hosted on Acast. See acast.com/privacy for more information.
|
RELATED ARTICLES | | |
|
ONE recent Sunday, about 40 people turned up at their regular gathering place, a community centre in Seattle, and soon found themselves pondering an ethical dilemma: would it ever be right to punch a Nazi? The dicussion was led by a husband-and-wife team, who pointed out that hurting people was usually a bad idea, but that it might sometimes be the only way to protect the innocent. "In a world as imperfect as this one, sometimes the choice is between a number of terrible ideas," suggested the husband, Mickey Phoenix.
Other recent topics for debate at the Seattle Atheist Church have included the difference between compassion and empathy, and whether or not reparations should be paid to the descendants of American slaves, as argued by the writer Ta-Nehisi Coates in a recent story for Atlantic magazine. Once they have exhausted their discussion, participants can get to know each other over juice and snacks.
Like many similar clubs across the Western...Continue reading
|
|
