Economy
Warsh’s Jackson Hole Speech Shifts Rate Hike Odds
Warsh's Jackson Hole speech shifts market expectations from rate cuts to potential hikes, sending stock futures flat.
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Economy
Understand the latest moves in inflation, interest rates, jobs, trade, markets, and economic policy. Briefly Pulse turns complex developments into short, source-linked updates focused on their real-world implications.
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Economy
Trump Loses Bid to Transfer Hush Money Case
Federal judge denies Trump's request to transfer hush money case to federal court, stating presidential immunity doesn't cover personal conduct.
Economy
US Sanctions Egyptian Bank UAE Branch Over Iran Ties
US Treasury sanctions UAE branch of Egyptian bank for processing $1.8B in transactions linked to Iran's shadow banking network
Economy
Warsh: Fed has ‘work to do’ if inflation persists
Warsh warns the Fed may need to act if inflation does not fall soon, sending Treasury yields higher.
Economy
Traders Brace for Warsh Jackson Hole Disappointment
Traders expect frustration from Warsh's Jackson Hole speech as markets await clarity on Fed's inflation-fighting approach.
Economy
China’s Industrial Profits Hit 7-Month Low
China's industrial profit growth slowed to 11.2% in July, the weakest pace this year, raising questions about the strength of its recovery.
Economy
China Warns US Over Iran Sanctions
China warns it will retaliate against US sanctions on Iran, escalating tensions over energy policy.
Economy
Supreme Court Lifts Block on Trump Mail-In Ballot Limits
The Supreme Court has cleared the way for former President Trump to enforce new voter eligibility lists for mail-in ballots in 23 states and D.C.
Economy
U.S. to Double Canada Auto Tariffs to 50%
U.S. to impose 50% tariffs on Canadian auto imports, doubling current rates and escalating trade tensions.
Economy
Shein’s $1.8B Hong Kong IPO
Shein plans to raise up to $1.8 billion in a Hong Kong IPO, marking a shift from previous attempts to list in New York and London.
Economy
Alibaba Stock Drops 10% on $10.2B AI Fundraise
Alibaba shares fell 10% after announcing an $10.2 billion share placement to fund AI investments.
Economy
Trump Taps JPMorgan Veteran for Social Security Role
Former JPMorgan executive Matt Zames joins Social Security Administration in unpaid advisory role to help modernize agency operations.