News

Inflation-adjusted gross domestic product increased an annualized rate of 1.5% in Q2.

A deal this week to build a Meta data center came with a hefty yield and with relatively modest demand.

Three commissioners dissented, favoring a hike.

With fewer staff and less inflation-adjusted funding, agencies have less capacity to modernize surveys, invest in statistical research, or respond to growing demand for federal data.

Goods exports fell 1.8% in June, led by a slide in industrial supplies, but imports dropped by 2.6%.

Treasuries reacted to the threat of escalation in the Iran war, which sent oil prices higher and boosted bets that the Federal Reserve could raise interest rates as soon as next week.