National Economy
Consumer Spending Climbed 1.4% in June
Households kept buying through the start of summer even as borrowing costs held near a decade high and forecasts for wage growth kept softening.
National Economy
Households kept buying through the start of summer even as borrowing costs held near a decade high and forecasts for wage growth kept softening.
Gulf Diplomacy
Delegates said they pressed the question of two detained aid workers during a closed ninety-minute session that ran past its scheduled end.
Policy and Law
The narrowed text arrives after three moderates raised inflation concerns about the broader spending package, angering climate groups who spent two years lobbying for the provision.
Europe Economy
Hours worked have risen roughly 1.2% in North America since 2020 while falling about 2.4% across the eurozone, where furlough schemes hardened into permanent rosters.
Markets
Warehouse stocks fell to 214,600 tonnes last week, the thinnest reading since 2021, as utilities in three continents queued for the same transformers.
Books & Ideas
A new essay collection argues that speed has quietly replaced attention as the measure of a serious reader, and that publishers have every reason to keep it that way.