President Donald Trump on Monday called for bipartisan tax incentives to help a domestic TV and movie industry that has seen large chunks of its business move overseas in recent …
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With the 2026 midterms fast approaching, Mick Mulvaney, the former White House Chief of Staff, issued a stark political assessment on CNBC regarding foreign policy’s fallout on Capitol Hill. Speaking …
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Business
Invezz Explains: why you should closely watch payrolls, claims, ADP and JOLTS data
by adminby adminEvery week, people are handed another piece of US jobs data and told it matters for markets. News platforms, including Invezz, report initial and continuing jobless claims every week, before …
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It has been the case for many years now that Core PCE, that is, the Personal Consumption Expenditures index, excluding food and energy, has been the US Federal Reserve’s preferred …
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Federal Reserve Chair Kevin Warsh signaled that the US central bank may need to do more to contain inflation, arguing that recent improvements in price data have not provided enough …
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Business
US PCE in July higher than expected at 3.7%, but core PCE matches forecast
by adminby adminUS consumer prices rose slightly in July, with the Federal Reserve’s preferred inflation gauge showing that price pressures remain elevated as policymakers weigh the next move on interest rates. The …
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Business
Panda Express CEOs say their ‘mission’ is to help employees realize the American dream of homeownership
by adminby adminPanda Express is famous for its orange chicken. But the founders of the iconic fast-casual Asian chain also want to be known for something else: helping their workers realize the …
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Business
US inflation test is hours away: 3 stocks most exposed to the PCE surprise
by adminby adminUS markets face a key inflation test on Wednesday as investors wait for July’s personal consumption expenditures report, which could reset expectations for interest rates and Treasury yields. The Bureau …
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Business
America wants cheaper debt: why Wall Street says Treasury tricks won’t fix it
by adminby adminAmerica’s problem is not that investors have stopped trusting Treasury debt, but that they increasingly want to be paid more to hold it. Long-term US yields remain close to multi-decade …
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Business
US-Canada trade talks collapse as 50% tariffs take effect: what happens next?
by adminby adminThe United States and Canada appeared close to a trade agreement earlier last week. Instead, negotiations broke down on Friday, prompting Washington to impose 50% tariffs on some Canadian products …