U.S. Employment Trends Index Increased in July, Conference Board Says
The Employment Trends Index increased to 107.71 from an upwardly revised reading of 106.74 in June, suggesting potential payroll growth
Economics
Indonesia Names Destry Damayanti as Sole Candidate to Lead Central Bank
Indonesian President Prabowo Subianto has nominated acting Bank Indonesia Gov. Destry Damayanti as the sole candidate to lead the central
Oil Broadly Flat, U.S. Futures Mostly Higher Ahead of Key U.S. CPI Data
Treasury yields fell, while gold rose, as doubts about an imminent peace deal in the Middle East lingered. Source link
Downbeat economic views pose a danger for Republicans ahead of the midterms, leaving President Trump and his allies little time to regain their image as the party better suited to handle the economy
Cost-of-living worries are eroding the GOP’s image as economic managers, giving Democrats an advantage. Source link
The AI boom has pushed the bruising race for housing in San Francisco into overdrive, with a lack of supply colliding with sky-high salaries
The lack of housing supply is colliding with sky-high AI salaries: “OK, we’ll pay $10,000.” Source link
Economics
China Inflation Cools More Than Expected in July
China Inflation Cools More Than Expected in July Source link
A smaller supply of potential workers is keeping unemployment low, but it is a challenge for the economy at large
A smaller supply of potential workers is keeping unemployment low, but it is a challenge for the economy at large.
Stocks Rise After Cooler-Than-Expected July Jobs Data
U.S. stocks rose after the July jobs report came in much cooler than expected, with the U.S. economy losing 23,000
Week Ahead for FX, Bonds: U.S. Inflation Data in Focus
U.S. inflation data for July will be firmly in focus after recent weak jobs data brought the need for an
U.S. lost 23,000 jobs in July, while unemployment ticked lower
Jobs and unemployment sent conflicting signals, but fewer people were actively looking for work. The unemployment rate fell to 4.1%.