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In his Jackson Hole speech, Powell noted that the Fed is making progress in slowing price gains but stressed that its job fighting inflation isn't done.

Data on core capital goods orders suggests companies are cautious about capital investment amid high borrowing costs and economic concerns.

The number of workers on payrolls will likely be revised down by about 306,000 for the first quarter of 2023, from jobs numbers that originally suggested 343,000 new jobs added each month.

But companies are upbeat about the outlook, buoyed by hopes of a stabilization in interest rates and inflation.

In Germany, overall economic activity declined at the fastest pace since the first wave of the pandemic, in May 2020.

Elevated rate fears drive continued bond-market selloff.

U.S. factory production rose in July for the first time in three months, boosted by a surge in motor-vehicle output that helped manufacturing to stabilize. Output…

44% of those surveyed said a four-day workweek would positively affect their happiness levels in their role.