The Federal Reserve is widely expected to increase its key rate by a quarter of a percentage point, but mortgages and other consumer loans have already trended higher.
Traders on both Kalshi and Polymarket see Democrats with one of their best chances to flip the U.S. Senate since the contracts on the election opened.
As A.I. transforms the technology industry, venture capital is flowing into “deep tech” start-ups that build robots and semiconductors.
The absence of the annual estimate on the tax gap could make it more difficult to assess whether more taxes are going unpaid since President Trump took office.
The Treasury secretary and the Federal Reserve chairman face similar tests: calming investors’ growing worries about inflation and deficits.
Prolonged restrictions on exports could push oil prices even higher.
The Budget is only six weeks away and the economy is undoubtedly the biggest challenge facing the prime minister.
Summer holidays and disruption to global oil supplies by the Middle East conflict stoked price growth.
The prime minister insists he is prepared to take "difficult decisions" at next month's Budget.
