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China and EU trade envoys seek ways to ease tensions over growing imbalances8:01 The top trade envoys for China and the European Union are wrapping up two days of talks aimed at calming escalating tensions over growing imbalances between the two giant economies Average long-term US mortgage rate rises to highest level in nearly 3 years8:01 Mortgage rates marched higher for the seventh week in a row, driving the average long-term U.S. home loan rate to its highest level in nearly three years PepsiCo sees strong overseas demand but lackluster North American performance in Q38:01 PepsiCo is reporting better-than-expected revenue in the third quarter despite lackluster North American demand IMF raises its forecast for world growth this year but says economies will slow in 20276:26 The International Monetary Fund has slightly upgraded its outlook for the world economy for this year, but it's forecasting growth at a still sluggish 3.1% Federal Reserve officials expect another rate hike will be needed this year, according to minutes2:12 Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, minutes released Wednesday from the central bank’s most recent meeting showed 5 traders jailed for rigging key interest rates have their convictions quashed2:12 A British court has quashed the convictions of five traders accused of manipulating benchmark interest rates, in a scandal stemming from the 2008 financial crisis Six senators call for Trump administration to 'immediately reverse course' on Russian diesel plan12.října A bipartisan group of six senators are calling on President Donald Trump’s administration to “immediately reverse course” on a plan to purchase diesel from Russia as part of an effort to lower high fuel prices Trump sticks with tariffs even as US voters turn against them before the midterms11.října President Donald Trump shows no signs of budging from a trade policy that many Americans don't like as the midterm elections loom Anthropic's Claude AI submits a false tip on a Philadelphia unsolved homicide case10.října An Anthropic artificial intelligence model submitted a false tip to Philadelphia police about an unsolved homicide case, authorities and Anthropic said 2 Inflation reports, retail sales and big bank profits all arrive in the coming week10.října The upcoming week promises to deliver notable updates on inflation, a topic sure to dominate the U.S. midterm elections now less than a month away |
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