All Eyes On Jerome Powell’s Last Jackson Hole Speech
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German economy shrank 0.3% in 2nd quarter
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Polls show voters are growing restless with Friedrich Merz, raising pressure on the chancellor to deliver on the domestic stage.
Americans seem more worried about rising prices, as shown by a drop in the moods of consumers in August. Inflation proved a political problem for the last occupant of the White House and could well affect the chances of reelection for incumbent GOP lawmakers in the 2026 midterms.
Amid budget constraints, leaders face a choice: cut blindly or invest with precision in the programs that matter most.
Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
Worker productivity rose significantly in the second quarter, indicating that Americans' standards of living should be on the rise.
The Kremlin's export ban on petrol has failed to contain shortages, with queues now stretching for miles as motorists wait hours for limited rations in Russia's Far East.
Mexico's economy grew 0.6% in the second quarter from the previous three-month period, national statistics agency INEGI said on Friday.
Brazilian President Luiz Inácio Lula da Silva's government launched the Sovereign Brazil Plan, a $5.5 billion emergency package to help counter U.S. tariffs.