U.S. existing home sales fell more than expected in June as the median house price set another record high.
Read More Record house prices depress US home sales in JuneTag: inflation
Fed getting ‘closer’ to rate cuts, top officials say
Fed Governor Christopher Waller and New York Fed President John Williams both voiced that description of the shortening horizon toward looser monetary policy.
Read More Fed getting ‘closer’ to rate cuts, top officials sayMonthly US consumer prices post first drop in four years as inflation subsides
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
Read More Monthly US consumer prices post first drop in four years as inflation subsidesUS job growth slows moderately; unemployment rate rises to 4.1%
The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.
Read More US job growth slows moderately; unemployment rate rises to 4.1%Report: U.S. Job Market Weakens In June
The economy grew via the addition of 206,000 jobs in June, but unemployment was still above 4% in the same month, according to the Labor Department on Friday.
Read More Report: U.S. Job Market Weakens In JuneLeaked Video: Trump’s Critique of Biden And Harris Following Debate
Former President Donald Trump was seen in a leaked video referring to President Joe Biden as a “broken-down pile of crap” and stating he hopes that Biden drops out of the race soon.
Read More Leaked Video: Trump’s Critique of Biden And Harris Following Debate