Fed chair Kevin Warsh has been outspoken about the need to bring inflation down. But his stinginess with details this week has raised anxiety about less predictable policy.

Yield on 30-year Treasury soars as investors fret policymakers will not be able to contain the inflationary shock from Iran war

The Federal Reserve held interest rates steady on Wednesday, a choice that may intensify questions about how U.S. central bank chief Kevin Warsh will deliver on his commitment to bring inflation back down to the 2% target.

The new Fed chair got the "good family fight" he said he wanted. While he’s still using words more than deeds, it’s encouraging that Federal Reserve Chairman Kevin Warsh is going out of his way to convey that inflation remains unacceptably high.

The company raised its capital spending forecast and said Amazon Web Services sales increased 37% in the second quarter.

Amazon stock jumped after the e-commerce and cloud-computing giant reported second-quarter results. Cloud growth for Amazon reached a more than four-year high as the company touted progress in offering custom AI chips and services to enterprises.

Amazon saw growth pick up meaningfully within its cloud business during the second quarter, and its stock was climbing 5% in Thursday's after-hours trading. The company turned in AWS revenue of $42.2 billion,

Amazon reported better-than-expected revenue and cloud growth for the second quarter. The stock shot up more than 9% in extended trading. Here's how the company did, compared with estimates from analysts polled by LSEG: Revenue in Amazon's cloud segment expanded 37% year over year during the quarter,

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The strength in underlying GDP growth during the second quarter is likely to fade sharply in the second half of 2026, according to analysts at Pantheon Macroeconomics. While headline GDP posted a mediocre 1.

The Eurozone's gross domestic product (GDP) grew by 0.4% in the second quarter of 2026, the European Commission's statistical office, Eurostat, announced on Thursday in its first estimate. In the European Union,

Q/Q annual rate vs. +2.3% consensus and +2.1% in Q1, according to data released by the U.S. Bureau of Economic Analysis on Thursday.

The Bank of England kept interest rates on hold as expected on Thursday, but a third policymaker backed a rate hike due to renewed conflict between the United States and Iran.

The Bank of England on Thursday held U.K. interest rates steady at 3.75%, in line with economists' expectations.

The Bank of England kept its key interest rate on hold for the fifth time this year after a bigger-than-expected drop in the inflation rate last month gave policymakers breathing space to assess the f

Policymakers are expected to hold rates at 3.75% for a fifth time, meaning monthly repayments for homeowners on a tracker mortgage rate would be unchanged.

Oil futures returned some of the previous session’s gains after the U.S. hit back at Iran, as expected, for an attack on its bases in Jordan.

Oil is jumping on Wednesday after Iran resumed attacks against the U.S. after a brief lull in fighting. Brent crude, the international benchmark, climbed almost 6% and stood just below $87 per barrel at 8:21 a.

Oil prices got back to jumping on Wednesday, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control. The S&P 500 fell 1.

Oil futures fell for a third straight session on Tuesday, with global prices settling at their lowest in about two weeks, as Israel Prime Minister Benjamin Netanyahu met with U.S. President Donald Trump to discuss their war with Iran.

SK Hynix reported a record operating profit of 60.54 trillion won (about $41.66 billion) in the second quarter, up 557% from the a year earlier. Its operating margin was 76%, up from 41% a year earlier.

SK Hynix just posted the most explosive profit growth any chipmaker has seen in years, yet investors responded by selling the stock below its IPO price. The reason reveals something unsettling about where the AI memory boom may be headed.

SK Hynix posted a record second-quarter operating profit of 60.5 trillion won, up 557% from a year earlier, driven by booming demand for AI memory chips used in data centres. However, the results fell short of analyst expectations,

SK Hynix reported a record second quarter operating profit, which rose 557% from a year earlier but fell short of lofty expectations.