Vince Golle

Prices paid by US consumers probably inched up marginally last month after falling for the first time in six years, a welcome tempering in recent war-driven inflationary pressures.

The closely watched consumer price index is seen rising 0.1 percent in July following a 0.4-percent decline in the prior month, based on the median

The UK labor market continued to weaken last month and inflationary pressures mounted on higher energy costs.

In the euro area, private-sector business activity expanded modestly even as a gauge of the French economy sank deeper into contraction territory. Economic growth in Japan disappointed as capital spending declined.

Federal Reserve Chairman Kevin Warsh made clear he wants to see underlying inflation clearly heading lower at an annual Federal Reserve gathering in Wyoming. Government figures this week didn’t help much.

The personal consumption expenditures price index, excluding food and energy, rose in line with expectations in July. Even so, the annual gauge didn't budge from a stubborn 3.3%. Meantime, consumer spending stalled.

US job growth in manufacturing, construction and other goods producers is outpacing that of the larger services economy, likely reflecting the cascade of investment dollars into the artificial intelligence buildout.

U.S. job growth in manufacturing, construction and other goods producers is outpacing that of the larger services economy, likely reflecting the cascade of investment dollars into the artificial intelligence buildout.

The US labor market gathered momentum last month with hiring gains dispersed throughout most sectors.

US labour market gains momentum, and Asian economies are holding up despite the conflict in the oil-rich Middle East.