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Industrial production continued to grow at a slower pace in June, posting a modest 0.1% gain. Looking at the details, the largest positive contributions came from mining and utilities, which both rose 0.4%. Gains in mining output were driven by both oil and gas extraction and drilling activity, which more than offset a decline in other mineral extraction. ...

This is an unusual time for markets, with a reasonable debate for both sides on whether the next move by central banks will be to hike or cut interest rates. Certainly, markets are leaning to at least one hike by the Fed and perhaps half of one by the Bank of Canada by the end of 2026, but there’s not much conviction. All it would take to wash away those ...

Natasha Sarin, Yale Law School professor and former Biden Treasury official, and Joe Lavorgna, SMBC chief economist and former Trump Treasury official, join 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, interest rate outlook, and more.

The World Cup left stadiums packed and millions of fans euphoric in Mexico, but failed to lift a sluggish economy weighed down by weak investment and uncertainty over the upcoming review of the North American trade agreement (USMCA). The tournament, which ends Sunday after more than a month of matches across Canada, the United States, and Mexico, had Mexico ...

Markets are pricing in at least one more interest-rate increase from the U.S. Federal Reserve this year following hotter inflation data and a more hawkish tone from policymakers. Consumer prices rose 3.5% in the year through June, less than markets expected and a slowdown from 4.2% in May, which was the highest annual increase in three years. Meanwhile, new ...

Fed's Hammack: Inflation is too high. The labor market is right around my level of maximum employment. Fed's Hammack: Our PCE nowcast shows core inflation at 3.3% after incorporating this weeks data. Fed's Hammack: Im hearing from conversations with business and community leaders that inflation isnt coming from only one sourceits broad-based. Fed's Hammack: At the same time, Im seeing good growth numbers and stable consumer spending. Fed's Hammack: There is no conflict in our mandate - LinkedIn Post

Industrial production in the United States was up by 0.1% in June compared to the month before, according to a report by the Federal Reserve's Board of Governors issued on Friday. Year-over-year, industrial output grew by 1.1% in the reported month. Manufacturing was unchanged compared to May, but rose by 1.1% on an annual basis. The production of utilities ...

FIFA allegedly gave regular fans the idea they had a chance to sit by the pitch when they shelled out for premium World Cup tickets — but soccer’s global governing body secretly locked them out of the running, instead allocating all the best seats to corporate bigwigs and VIPs, according to a bombshell lawsuit reviewed by The Post. The suit, filed as a ...

U.S. import prices increased 0.3 percent in June, the U.S. Bureau of Labor Statistics reported today, following a 1.7-percent advance in May. Higher prices for nonfuel imports more than offset lower prices for fuel imports in June. Prices for U.S. exports decreased 0.6 percent in June, after rising 1.2 percent the previous month. Prices for U.S. imports ...

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for June 2026: Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,367,000. This is 3.0 percent below the revised May rate of 1,410,000 and is ...