Specialized search for economics

1+ hour, 3+ min ago   (146+ words) Brian Moynihan reaffirmed his forecast that the Federal Reserve will raise its **benchmark interest rate** in September, October and December. Moynihan said the U.S. **labor market** remains strong and **inflation** still needs to cool further, explaining the rationale for his call…...

47+ min ago   (46+ words) Published on 08/05/2026 at 11:22 am EDT A profit boom for US companies August 05, 2026 at 09:36 am EDT Wall Street Bets on the Magnificent Seven Again Wall Street Reconnects with the Magnificent Seven When the bond market twists Washington's arm...

8+ min ago   (514+ words) NEW YORK — US Treasury Secretary Scott Bessent’s call on the US Federal Reserve to expand a facility that lends cash to official foreign accounts could add to the firepower available to help Japan bolster its currency but could unleash other…...

5+ min ago   (505+ words) The Pound Sterling advances some 0.12% on Wednesday as the US Dollar registers back-to-back days of losses, after US jobs data was softer than expected, even though business activity in the services sector continues to expand solidly. The GBP/USD trades…...

6+ hour, 33+ min ago   (168+ words) Finnish producer expects most 2026 earnings in second half Finland's HKFoods reported a 19.3% rise in second-quarter comparable operating profit to €7.7 million, with net sales up 5.3% to €258.7 million, driven by growth in retail and food service channels, according to Reuters. Sales growth…...

6+ hour, 50+ min ago   (162+ words) Seven petrochemical companies in South Korea raided over alleged cartel MLex Law360 | The Practice of Law Law360 Authority | Deep News & Analysis Law360 Pulse | The Business of Law Seven petrochemical companies in South Korea raided over alleged cartel Prepare for tomorrow’s regulatory change, today…...

43+ min ago   (141+ words) Walter Bloomberg reported that Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said the Fed needs an immediate **interest-rate increase** to contain inflation. Kashkari was one of three officials who opposed last week’s **decision to leave rates unchanged…...

37+ min ago   (730+ words) NEW YORK, Aug 5 (Reuters) – Investors piled into U.S. swap futures early this week after a sharp back-up in Treasury yields, as investors scrambled to hedge against further increases in borrowing costs — a sign of concern that rates could stay elevated…...

39+ min ago   (355+ words) The index posted its sharpest four-day advance since April 2025, driven by blowout earnings and renewed AI enthusiasm that's rippling across risk assets including crypto. The Nasdaq 100 just added $3.5 trillion in market capitalization over four trading days. To put that number…...

29+ min ago   (83+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...