The market appears to be pricing in the possibility of additional rate hikes should inflation continue to increase as tariffs are implemented. … READ MORE >
USA
The big chill hits the labor market as job creation cools in July
Job creation in July slowed to 73,000 in July on the back of a large downward revision of 258,000 in May and June, capturing a big chill spreading out over the domestic economy and labor market. In addition, the unemployment rate rose to 4.2%, but that increase was partially masked … … READ MORE >
5 things to know in life sciences: Week of July 28, 2025
The FDA launched a listening tour with pharma and biotech leaders. This and more in this week’s life sciences update. … READ MORE >
Fed’s preferred inflation gauge accelerates in June as tariffs bite
Inflation picked up in June, driven largely by tariffs, according to the personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge. … READ MORE >
Market Minute: U.S. July jobs report preview
We expect a net gain of 150,000 jobs and an increase in the unemployment rate to 4.2% when the U.S. employment report for July is released on Friday. … READ MORE >
Health care industry trend watch: Week of July 28, 2025
The One Big Beautiful Bill Act could boost virtual health care investment. This and more in this week’s trend watch. … READ MORE >
The Fed holds rates steady as two board members dissent
The OMC held its policy rate in a range between 4.25% and 4.5% on Wednesday as it slightly opened the door to a rate cut this fall., … READ MORE >
Back-to-school outlook: Tariffs’ influence on consumer behavior
The back-to-school season serves as a bellwether for how consumers are adapting to tariff pressures and economic uncertainty. … READ MORE >
GDP grew by 3% in second quarter, but underlying data suggests a rate closer to 1%
Once one excludes the more volatile trade and inventory data, growth advanced at a much softer pace of 1.2% implied by final sales to private domestic purchasers. … READ MORE >
Market Minute: Spending slowing as consumers navigate uncertainty
We expect a 0.3% increase in personal spending in June as consumers increase outlays following the 0.1% decline in May. … READ MORE >