Consumer prices were up 2.7% in July from a year earlier, unchanged from June's gain
U.S. stocks rose after July consumer-price data showed inflation was largely in-line with expectations.
The National Federation of Independent Business said Tuesday that its optimism index, a gauge of sentiment among small firms, improved to 100.3 in July from 98.6 in June.
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OPEC Lifts 2026 Oil Demand View as It Continues to Boost Output
The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.
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German Financial Confidence Falls on Trade-Deal Frustration
Confidence was buffeted by disillusion over the EU's trade deal with the U.S. and Germany's weaker-than-expected economic performance in the second quarter.
The number of payroll workers declined between May and June, reinforcing concerns regarding higher labor costs prompted by new payroll taxes.
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Trump to Nominate Bureau of Labor Statistics Critic to Lead Agency
Antoni had the support of conservatives such as former White House chief strategist Steve Bannon.
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Reserve Bank of Australia Cuts Rates and Points to Further Easing
The Reserve Bank of Australia delivered its third interest rate cut since the start of the year, responding to evidence that inflation has cooled and new forecasts showing that it is likely to remain contained.
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Norway Oil Fund Grows in First Half on Equity-Market Strength
The sovereign-wealth fund returned 5.7% in the first half, driven by strong stock-market performance, particularly in the financial sector.
A cautious monetary policy stance has been adopted due to elevated risks to inflation, Gov. Michael Atingi-Ego said, citing rising imported costs.
Wage growth for top earners once again outstripped gains for those at the bottom.
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Bitcoin and XRP Drop. Why Inflation Data Could Halt the Crypto Rally.
The large-cap token stalled just short of an all-time high, with investors on edge about the looming consumer price index report.