HeyJaredBob Willis
- Indexed articles, last 90 days
- 6
- Latest publication
- Aug 12, 2026
- Outlet visibility, for Argusmedia
- Top 1M sites
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- Jul 7, 2026
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US inflation ticks lower as Gulf war simmers | Latest Market News (opens the original)
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US inflation eased slightly in July as underlying price pressures cooled, giving the Federal Reserve more room to hold rates steady even as the unresolved Mideast Gulf war kept energy costs elevated. The consumer prices index (CPI) rose in July at a 3.4pc annual pace, according to the Labor Department, down from 3.5pc in June. Core inflation, which strips out volatile food and energy, rose at a 2.5pc pace, down from 2.6pc in June. Both were in line with estimates of analysts surveyed by Trading
US sheds 23,000 jobs in July, revisions lower | Latest Market News (opens the original)
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The US unexpectedly shed jobs in July and revisions halved gains in the prior two months, suggesting the labor market is weakening in the face of uncertainty spawned by rising energy costs linked to the Mideast Gulf war. The US unexpectedly lost 23,000 non-farm jobs in July, the Labor Department reported. That compared with a median average of about 80,000 job gains expected by economists surveyed by Trading Economics. Job gains in June were revised down to 20,000 from an initially reported 57,0
US economic growth slows to 1.5pc in 2Q | Latest Market News (opens the original)
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US economic growth slowed to an annual 1.5pc pace in the second quarter, as slower government spending and increased imports partly offset stronger consumer spending and investment. Growth slowed from an annual 2.1pc in the first quarter and followed 0.5pc in the fourth quarter 2025, the Bureau of Economic Analysis (BEA) reported. Economists surveyed by Trading Economics had forecast growth of 2.1pc. Consumer spending accelerated to a 3.2pc rate in the second quarter, possibly driven by large in
US Fed holds rate flat, cites 'elevated uncertainty' | Latest Market News (opens the original)
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US Federal Reserve policymakers held their target interest rate unchanged Wednesday, reiterating language that uncertainty "remains elevated", partly due to the Mideast Gulf war. The Fed's Federal Open Market Committee (FOMC) kept the federal funds rate at 3.5-3.75pc, holding it unchanged for a fifth meeting in 2026, following quarter-point cuts in September, October and December last year. "Economic activity is expanding at a solid pace despite elevated uncertainty that owes, in part, to the co
US inflation eases in June after truce with Iran | Latest Market News (opens the original)
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US inflation eased to an annual 3.5pc in June after an interim peace agreement with Iran pushed down energy prices and falling core inflation showed little spillover from the war or tariffs. The consumer price index (CPI) slowed from 4.2pc in May, which was the highest in nearly three years, the Bureau of Labor Statistics (BLS) reported Tuesday. Analysts surveyed by Trading Economics had forecast CPI at 3.8pc for June. So called core inflation, which strips out volatile food and energy, slowed t
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