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Retail Sales Rose in July for Fourth Straight Month
Business

Retail Sales Rose in July for Fourth Straight Month

Retail sales—a measure of spending at stores, online and in restaurants—rose a seasonally adjusted 0.7% last month from the month before, the Commerce Department said

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

ECB to raise rates by 25 basis points in July, slim majority say Sept too By Reuters

© Reuters. FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, June 5, 2020. REUTERS/Yves Herman/File Photo By Prerana Bhat

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

Fed’s last rate hike coming at July meeting, economists say By Reuters

© Reuters. FILE PHOTO: The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah

Finances

ECB hawk says bank will carefully weigh inflation data after July By Reuters

© Reuters. FILE PHOTO: Klaas Knot, Chair of the Financial Stability Board, arrives for the G20 leaders’ summit in Nusa Dua, Bali, Indonesia, November 15,

American Airlines, JetBlue to halt codeshare flights starting July 21 By Reuters
Stock Market

American Airlines, JetBlue to halt codeshare flights starting July 21 By Reuters

© Reuters. FILE PHOTO: American airlines jets sit at gates at Washington’s Reagan National airport in Washington, U.S. April 29, 2020. REUTERS/Kevin Lamarque/File Photo (Reuters)

Finances

Fed’s Waller eyes July rate rise, and another hike before year ends By Reuters

© Reuters. Federal Reserve Board Governor Christopher Waller poses before a speech at the San Francisco Fed, in San Francisco, California, U.S., March 31, 2023.

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

Kenya opposition calls for third anti-tax protest on July 19 By Reuters

© Reuters. FILE PHOTO: A riot police officer stands near supporters of Kenya’s opposition leader Raila Odinga of the Azimio La Umoja (Declaration of Unity)

Meta to contest EU antitrust charges at July 13 hearing By Reuters
Stock Market

Meta to contest EU antitrust charges at July 13 hearing By Reuters

© Reuters. FILE PHOTO: EU flag and Meta logo are seen in this illustration taken, May 22, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Foo Yun Chee

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

Traders bet slowing inflation will let Fed pause after July hike By Reuters

2/2 © Reuters. FILE PHOTO: A man walks past the Federal Reserve in Washington, December 16, 2015. REUTERS/Kevin Lamarque/File Photo 2/2 (Reuters) – Inflation is