The dollar weakened against most of its major peers after President Donald Trump moved to oust Federal Reserve Governor Lisa Cook from her post, denting sentiment toward the world’s reserve currency.

US investments in renewable energy projects plunged this year as developers responded to White House policy shifts targeting the sector.

Global investors, who are forward-looking by nature, have made the nation’s currency, debt and equity the world’s top performers. The message is clear.

Israel’s economy slumped in the second quarter as the country’s 12-day war with Iran imposed a total shutdown on many businesses.

Higher US tariffs won’t derail the euro-area economy, which is on the brink of a recovery, European Central Bank President Christine Lagarde said.

Global growth is projected at 3.0 percent for 2025 and 3.1 percent in 2026, an upward revision from the April 2025 World Economic Outlook. This reflects front-loading ahead of tariffs, lower effective tariff rates, better financial conditions, and fiscal expansion in some major jurisdictions. Global inflation is expected to fall, but US inflation is predicted to stay above target. Downside risks from potentially higher tariffs, elevated uncertainty, and geopolitical tensions persist. Restoring confidence, predictability, and sustainability remains a key policy priority.

US consumer sentiment unexpectedly fell for the first time since April and inflation expectations rose on lingering anxiety about the impact of tariffs.

China’s economy slowed across the board in July with factory activity and retail sales disappointing, suggesting Donald Trump’s trade war is starting to weigh on the world’s No. 2 economy.

Exports from Ireland to the US sank by 23%, suggesting multinational companies shifted course after a jump in shipments before the announcement of tariffs earlier in the year.

China’s exports of rare earth products — including magnets — extended their recovery in July, months after Beijing threatened a disruptive global shortage by crimping supplies to fight a trade clash with US President Donald Trump.

Die Verbraucherpreise sind heuer im Juli mit 3,6 Prozent auf Jahressicht stärker gestiegen als in der Schnellschätzung der Statistik Austria angenommen: Ursprünglich ging man von 3,5 Prozent aus, teilte die Behörde am Mittwoch mit. Die harmonisierte Inflationsrate lag bei 3,7 Prozent – und damit weit über dem EU-Schnitt von 2,0 Prozent. Ein Preisauftrieb wurde bei Nahrungsmitteln und bei Verwaltungsgebühren verzeichnet. Zu den größten Preistreibern zählten weiterhin die Gastronomie sowie Energie.

Central bankers gathering in Jackson Hole, Wyoming this week for the Federal Reserve’s annual conference are prepared to go beyond swapping research papers and savoring mountain views — they’re coming to defend Jerome Powell.

The euro-zone economy is likely to see slower growth this quarter, with question marks over global trade remaining despite recent deals with the US reducing uncertainty, European Central Bank President Christine Lagarde said.

German private-sector activity unexpectedly quickened in August as a three-year slump in manufacturing neared an end despite Europe’s deal on higher US trade levies.

The euro area’s private sector grew at the quickest pace in 15 months as manufacturing exited a three-year downturn despite a deal locking in higher levies for exports to the US.

Applications for US unemployment benefits rose last week to the highest level since June and continuing claims climbed, adding to evidence the US labor market is slowing.

Germany’s economy shrank more than initially estimated in the second quarter due to a much weaker performance by manufacturers following a surge in US business at the start of the year to avoid tariffs.

European Central Bank officials are increasingly convinced they can keep interest rates unchanged in September, according to people familiar with the matter who don’t see the trade deal between Brussels and Washington causing major economic concerns.

Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for the labor market even as worries over inflation remain.

Europe’s labor market has proved surprisingly resilient in the face of a once-in-a-generation inflation shock and aggressive interest-rate hikes, according to European Central Bank President Christine Lagarde.

The Federal Reserve Bank of Kansas City’s annual economic symposium in Jackson Hole, Wyoming is winding down.

A key US inflation gauge probably ticked higher last month, underscoring the challenge Federal Reserve Chair Jerome Powell and his colleagues face in balancing rising prices and mounting risks in a fragile job market.

The Federal Reserve’s annual gathering in the Rocky Mountains is usually a time for central bankers and their wonky friends to kick back, discuss a few complicated economic topics and then go for a hike in the shadow of Grand Teton.

China’s financial hub of Shanghai eased home-buying rules in the latest attempt by authorities to contain the nation’s prolonged property crisis.