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Wed, Jul 01, 2026 12:10 AM All times are UTC

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US nominal consumer spending expected to reaccelerate

Nov 10, 2015 21:42 pm UTC| Commentary

US nominal consumer spending expected to reaccelerate Current-dollar PCE probably posted its largest gain in five months in October, climbing by 0.5% following a modest 0.1% uptick in September. Solid unit motor vehicle...

US retail sales probably quickened in October

Nov 10, 2015 21:31 pm UTC| Commentary

Stepped-up spending across a wide variety of business segments probably propelled retail and food services sales 0.5% higher in October the largest increase in three months. Motor vehicle manufacturers reported that unit...

US October retail sales expected to echo strength of jobs report

Nov 10, 2015 17:40 pm UTC| Commentary

The Census Bureaus Advance Report on Retail and Food Services Sales in October will provide an important early glimpse at consumer goods spending in the fall quarter. Increased outlays across a wide variety of businesses...

U.S. doves appear to be ready to fly in December

Nov 10, 2015 16:42 pm UTC| Commentary Central Banks

Recent comments and speeches from FOMC members suggest that the doves are ready to fly as well, as they seem to support - or at least accept - the first Fed hike since 2006 at the next FOMC meeting in December. During the...

US Q3 GDP tracking 1.7% after September wholesale inventories

Nov 10, 2015 15:31 pm UTC| Commentary

US wholesale inventories jumped to 0.5% m/m in September, well above forecast (0.0%) and consensus expectations (0.1%). The better than expected wholesale inventory growth came from the nondurable goods sector (1.9% m/m,...

NFIB Small business optimism remains flat in October

Nov 10, 2015 15:27 pm UTC| Commentary

The NFIBs small business optimism index remained unchanged in October at 96.1, after rising for three consecutive months. Todays reading came in only very slightly below market expectations. The details of the report...

US import prices declined more than expected in October

Nov 10, 2015 15:20 pm UTC| Commentary

Total US import prices declined 0.5% m/m in October, much softer than both forecast and consensus expectations (-0.1%). Nonpetroleum import prices also fell at a faster pace than we had anticipated, dropping 0.4% m/m...

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Economy

UN Chief Urges Nations to Close $100 Million UNRWA Funding Gap

United Nations Secretary-General Antonio Guterres has appealed to member states to urgently fill a $100 million funding gap facing the U.N. Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), warning...

NATO Albania Summit Faces Uncertainty as Trump, Defense Spending Concerns Loom

Plans for NATO to hold its 2027 leaders summit in Albania have been thrown into question as alliance members prepare for next weeks gathering in Turkey, according to Reuters, citing a NATO diplomat, a European official,...

Chip Stocks Rally as Samsung and SK Hynix’s $1.3 Trillion Investment Plan Boosts AI Optimism

Chip-equipment stocks surged on Tuesday after reports that South Koreas semiconductor leaders, Samsung Electronics and SK Hynix, plan to invest up to $1.3 trillion in new semiconductor manufacturing projects, reinforcing...

U.S. Stocks End Q2 Higher as Strong Jobs Data and AI Rally Lift Wall Street

U.S. stock markets closed higher on Tuesday, wrapping up the second quarter and the first half of 2026 with solid gains as investors welcomed stronger-than-expected labor market data and a continued rebound in technology...

Wall Street Futures Rise Ahead of JOLTS Data, Nike Earnings, and U.S.-Iran Talks

U.S. stock futures moved modestly higher on Tuesday as investors prepared for the final trading session of the first half and second quarter of 2026, with attention centered on key economic data, Nikes earnings report, and...

Politics

Netanyahu Says Israel Will Stay in Southern Lebanon Until Hezbollah Threat Ends

Israeli Prime Minister Benjamin Netanyahu said on Tuesday that Israeli forces will remain in southern Lebanon until the threat posed by Iran-backed Hezbollah is eliminated, signaling that Israel has no immediate plans to...

DOE Declares Power Grid Emergency as Extreme Heat Strains PJM Electricity Supply

The U.S. Department of Energy (DOE) has declared an emergency across the nations largest power grid as extreme heat drives electricity demand to critical levels, raising concerns about power supply reliability. In an...

DOJ Orders Crackdown on Birth Tourism After Supreme Court Upholds Birthright Citizenship

The U.S. Department of Justice (DOJ) has instructed federal prosecutors to intensify investigations into alleged birth tourism schemes following a U.S. Supreme Court ruling that rejected President Donald Trumps effort to...

Trump Suspends Some Morocco Fertilizer Tariffs to Ease U.S. Supply Shortage

U.S. President Donald Trump has authorized the temporary suspension of certain duties on phosphate fertilizer imports from Morocco in an effort to ease fertilizer shortages affecting American farmers, the White House...

Sheinbaum Says No One Is Above the Law After Abuse Video of Ex-Pemex Chief Emerges

Mexican President Claudia Sheinbaum said her administration will not shield anyone from justice after a video surfaced appearing to show former Pemex chief Victor Rodriguez physically assaulting his wife, prompting a...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Stock Rises as SemiAnalysis Sees AI Data Center Revenue Beating Wall Street Forecasts

Nvidia (NASDAQ: NVDA) shares rebounded on the final trading day of the quarter after bullish supply-chain research from independent semiconductor firm SemiAnalysis suggested the AI chipmakers data center business could...

TSMC CoWoS Capacity Forecast Raised as Mizuho Sees AI Server CPU Demand Surging Through 2027

Mizuho Securities Asia has increased its forecast for Taiwan Semiconductor Manufacturing Co.s (TSMC) advanced CoWoS packaging capacity, citing a much stronger outlook for artificial intelligence (AI) server processors and...

Anthropic Brings Claude AI Models to Microsoft Azure Foundry With NVIDIA Blackwell GPUs

Anthropic announced on Monday that its Claude family of artificial intelligence models is now available through Microsoft Foundry on Azure, powered by NVIDIAs GB300 Blackwell Ultra GPU systems. The rollout marks the first...

Apple Challenges India Antitrust Probe, Says CCI Copied Rivals’ Claims in App Store Case

Apple has intensified its legal battle with Indias antitrust regulator, arguing that investigators relied on copy-pasted allegations from rivals instead of conducting an independent review in a case that could reshape the...

Super Micro Shares Slide After Taiwan Raids Over Alleged Nvidia AI Chip Smuggling Probe

Super Micro Computer Inc. came under renewed scrutiny on Monday after Taiwanese authorities raided its local offices as part of an investigation into the alleged smuggling of Nvidia AI chips to China through the companys...