Business

NY Fed finds little change in inflation expectations in July

Friday, August 7 by SRN News

By Michael S. Derby Aug 7 (Reuters) - Americans' outlook for inflation was little changed in July compared to the prior month as households marked up their assessments of their current and future financial situations, a report from the Federal Reserve Bank of New York... Read More.

Early surge in US container imports coming to an end, shippers say

Friday, August 7 by SRN News

By Lisa Baertlein LOS ANGELES, Aug 7 (Reuters) - An early seasonal surge in U.S. container import volume, driven by shippers racing to avoid higher fuel surcharges tied to the U.S.-Israeli war with Iran and new U.S. tariffs, is ending, according to research released on... Read More.

Citi revises Q3 2026 Brent forecast to $80/bbl

Friday, August 7 by SRN News

Aug 7 (Reuters) - Citi on Friday said it still expects a resolution to the U.S.-Iran conflict, but the prolonged back-and-forth in dealmaking has prompted it to raise its third-quarter average Brent crude forecast to $80 a barrel from $75/bbl previously. Citi maintained its fourth... Read More.

Army opens test ranges to small companies to try to get weapons quicker to the battlefield

Friday, August 7 by SRN News

CAMP GRAYLING, Mich. (AP) - The U.S. Army said Friday that it is opening up test ranges to private companies developing missiles, drones and other weapons in hopes of buying them more quickly for use on the battlefield. Army Secretary Dan Driscoll told reporters... Read More.

FAA orders crack inspections for hundreds of Boeing 737 Max jets

Friday, August 7 by SRN News

CHICAGO (AP) - The Federal Aviation Administration this week ordered inspections for hundreds of Boeing planes, following reports of cracks in some older models. The now-finalized rule, which was unveiled Thursday and kicks in Sept. 10, applies to certain aircraft under three Boeing 737 Max... Read More.

Volkswagen to overhaul US strategy with planned pick-up truck, source says

Friday, August 7 by SRN News

By Christina Amann BERLIN, Aug 7 (Reuters) - German auto group Volkswagen plans to overhaul its U.S. strategy with new management and a revised product offering, including a new pickup truck, a company source told Reuters on Friday. Marco Schubert, previously head of sales at Volkswagen's... Read More.

S&P, Nasdaq open higher as surprise payrolls fall quells rate-hike fears

Friday, August 7 by SRN News

Aug 7 (Reuters) - The S&P 500 and the Nasdaq opened higher on Friday after data showed the U.S. economy unexpectedly shed jobs last month, raising doubts about a September interest-rate hike by the Federal Reserve. The Dow Jones Industrial Average fell 35.8 points, or... Read More.

Soft July jobs report fuels skepticism over possible Fed rate hike

Friday, August 7 by SRN News

NEW YORK, Aug 7 (Reuters) - The U.S. economy unexpectedly shed jobs in July and nonfarm payrolls for the prior month were revised sharply lower, potentially raising questions about whether the Federal Reserve will increase interest rates next month. Nonfarm payrolls decreased by 23,000 jobs... Read More.

How the Iran-backed Houthis’ claims of deadly attacks are stoking fears of a wider regional conflict

Friday, August 7 by SRN News

CAIRO (AP) - Yemen's Iran-backed Houthi rebels claimed responsibility for a series of deadly attacks this week, escalating the conflict between them and Saudi-backed Yemeni forces and raising fears of a wider regional conflagration. The attacks have killed dozens of civilians and troops and also... Read More.

Meat packer JBS agrees joint venture with Indonesian wealth fund arm

Friday, August 7 by SRN News

SAO PAULO, Aug 7 (Reuters) - Brazilian meat packer JBS has agreed a joint venture with PT Danantara (DIM), an arm of Indonesia's sovereign wealth fund, to pursue investments in protein production across Indonesia, Southeast Asia, Australia and New Zealand, it said on Friday. The... Read More.

Current Weather

NY Fed finds little change in inflation expectations in July

Early surge in US container imports coming to an end, shippers say

Citi revises Q3 2026 Brent forecast to $80/bbl

Army opens test ranges to small companies to try to get weapons quicker to the battlefield

FAA orders crack inspections for hundreds of Boeing 737 Max jets

Volkswagen to overhaul US strategy with planned pick-up truck, source says

S&P, Nasdaq open higher as surprise payrolls fall quells rate-hike fears

Soft July jobs report fuels skepticism over possible Fed rate hike

How the Iran-backed Houthis’ claims of deadly attacks are stoking fears of a wider regional conflict

Meat packer JBS agrees joint venture with Indonesian wealth fund arm

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