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Five years of high inflation is testing the patience of Federal Reserve officials and showcasing a split between those willing to wait before hiking interest rates and those who say time is running out.
We haven't written up this one. Financial Post has the full story — the link below goes straight to it.
Plus, manufacturing jobs remain a bright spot and Airbnb shares soar.
DBS Group Research expects Singapore’s final 2Q26 GDP to be revised up to 5.9% year-on-year and 1.3% quarter-on-quarter seasonally adjusted, driven by stronger manufacturing and services.
A US official said on Friday that there is progress in Oman-Iran talks and that a deal could be signed soon, according to Reuters.
The British Pound retreats against the Japanese Yen, down about 0.24%, as the Yen is poised to end the week on a higher note.
Elevated US gasoline and electricity prices are seeping into the upcoming midterm elections in November. Candidates are prioritizing consumer affordability over the environment, with Democrats linking…