🦜 WSJ.com: Economy
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President Trump signed a proclamation Thursday that will set a 15% tariff on imports of solar panels and components.
https://www.wsj.com/economy/trade/trump-to-impose-15-tariff-set-minimum-prices-on-solar-panels-and-components-dd7cd9d9?mod=rss_socialeconomyfeed
Published: August 6, 2026 22:56
The action aimed to cut U.S. reliance on Chinese-made panels and polysilicon, which is critical for semiconductors and solar-energy systems.
Bank of Mexico Leaves Benchmark Interest Rate Unchanged
https://www.wsj.com/economy/central-banking/bank-of-mexico-leaves-benchmark-interest-rate-unchanged-89ec0d0c?mod=rss_socialeconomyfeed
Published: August 6, 2026 20:34
The central bank’s board voted unanimously to keep the overnight interest-rate target at 6.5%, and and reiterated its expectation that it will stay on hold for the foreseeable future.
There is concern about how AI is affecting work as each new month brings a wave of job-cut announcements from large employers. Here’s how this year’s layoffs are stacking up.
https://www.wsj.com/economy/jobs/layoffs-2026-tracker-784ea69f?mod=rss_socialeconomyfeed
Published: August 6, 2026 18:19
Tech sector has been the hardest hit of 2026
Sen. Warren is pressing the Commerce Department for details on upcoming changes to official inflation numbers, the latest corner of the typically obscure federal statistics system to spark a political squabble
https://www.wsj.com/economy/central-banking/warren-presses-trump-administration-on-inflation-data-changes-f6d8c0df?mod=rss_socialeconomyfeed
Published: August 6, 2026 16:30
Coming revisions to a key price index are likely to nudge inflation readings lower.
Canada Services PMI Improves in July Yet Remains in Contraction Territory
https://www.wsj.com/economy/canada-services-pmi-improves-in-july-yet-remains-in-contraction-territory-0720620a?mod=rss_socialeconomyfeed
Published: August 6, 2026 15:51
The S&P Global Canada services purchasing managers index climbed to 49.1 as price pressures intensified and output and sales declined.
U.S. Jobless Claims Rose Last Week
https://www.wsj.com/economy/jobs/u-s-jobless-claims-rose-last-week-4033e282?mod=rss_socialeconomyfeed
Published: August 6, 2026 12:47
U.S. jobless claims ticked up last week, but were still in a range suggestive of a healthy labor market.
Eurozone Retail Sales Retreat as Consumers Still Fret Over War
https://www.wsj.com/economy/consumers/eurozone-retail-sales-retreat-as-consumers-still-fret-over-war-b5ecc1bc?mod=rss_socialeconomyfeed
Published: August 6, 2026 10:13
Retail sales in the eurozone fell in June and was the second decline in the four full months since the start of the war against Iran.
German Factory Orders Continue to Defy Growing Headwinds
https://www.wsj.com/world/europe/german-factory-orders-unexpectedly-jumped-in-june-ef0d6002?mod=rss_socialeconomyfeed
Published: August 6, 2026 07:30
While input costs have risen sharply, demand is proving resilient as businesses stockpile essential parts and equipment to avoid further disruption from tensions in the Middle East.
German Factory Orders Unexpectedly Jumped in June
https://www.wsj.com/world/asia/german-factory-orders-unexpectedly-jumped-in-june-ef0d6002?mod=rss_socialeconomyfeed
Published: August 6, 2026 06:39
While input costs have risen sharply, demand is proving resilient as businesses stockpile essential parts and equipment to avoid further disruption from tensions in the Middle East.
The joint U.S.-Japan support of the yen is unusual. The way it is being financed is unprecedented, writes WSJ’s @jmackin2
https://www.wsj.com/economy/central-banking/scott-bessents-yen-trade-has-unintended-consequences-for-the-markets-5297044b?mod=rss_socialeconomyfeed
Published: August 6, 2026 02:00
The way it’s being done should make us worry that the Federal Reserve is being roped into ease monetary conditions.
Brazil’s Central Bank Cuts Rates as Inflation Eases
https://www.wsj.com/economy/central-banking/brazils-central-bank-cuts-rates-as-inflation-eases-7be2b914?mod=rss_socialeconomyfeed
Published: August 5, 2026 22:00
The bank’s monetary committee cut the Selic benchmark lending rate to 14% from 14.25%, but indicated that uncertainty around its inflation projections remains higher than usual.
U.S. Services-Sector Activity Continued to Expand in July
https://www.wsj.com/economy/central-banking/u-s-services-sector-activity-continued-to-expand-in-july-c30dcbc0?mod=rss_socialeconomyfeed
Published: August 5, 2026 14:25
The Institute for Supply Management’s purchasing managers index for services providers was 54.1 in July compared with 54 in June.
Private-Sector Hiring Missed Expectations in July, ADP Report Says
https://www.wsj.com/economy/jobs/private-sector-hiring-missed-expectations-in-july-adp-report-says-31f26993?mod=rss_socialeconomyfeed
Published: August 5, 2026 12:40
Private companies added a net 44,000 jobs in July after adding a revised 95,000 jobs in June, human-resources company ADP said.
Inflation Problem Isn’t Only About Energy, Fed’s Schmid Says
https://www.wsj.com/economy/central-banking/inflation-problem-isnt-only-about-energy-feds-schmid-says-88ce3857?mod=rss_socialeconomyfeed
Published: August 5, 2026 04:52
Kansas City Fed President Jeff Schmid said Tuesday that the Federal Reserve’s inflation problem isn’t only about energy, and bringing inflation down to the Fed’s 2% objective will require tighter policy.
India’s Central Bank Holds Rates as Iran Crisis Keeps Risks High
https://www.wsj.com/economy/central-banking/indias-central-bank-holds-rates-as-iran-crisis-keeps-risks-high-249ccf76?mod=rss_socialeconomyfeed
Published: August 5, 2026 04:42
India’s central bank held rates steady again on Wednesday as it continues to assess the economic fallout of the Middle East conflict.
U.S. Trade Deficit Contracted in June
https://www.wsj.com/economy/trade/u-s-trade-deficit-contracted-in-june-8ee74993
Published: August 4, 2026 12:59
U.S. imports totaled $388 billion in June, down 1.8% from May, while exports were $314.7 billion, down 0.9% from May. That yielded a trade deficit of $73.3 billion versus $77.6 billion in May.
Canada Goods-Trade Surplus Widens Slightly With Record Exports, Imports
https://www.wsj.com/economy/trade/canada-goods-trade-surplus-widens-slightly-with-record-exports-imports-e7968c5d
Published: August 4, 2026 12:48
Canada’s goods-trade surplus with the world widened slightly in June as a softer currency helped drive the value of exports and imports to all-time highs.
From data centers to the massive increase in stock market-wealth, the AI boom is driving U.S. economic growth. But that engine is also a vulnerability. What happens if the boom fizzles?
https://www.wsj.com/economy/the-ai-boom-is-transforming-the-american-economy-beyond-recognition-c7825b31
Published: August 4, 2026 01:00
AI has rapidly become a huge economic factor while affecting everything from capital investment to how much you pay for an iPhone.
A little-used Fed backstop is being put to a use it was never designed for—bankrolling Japan’s defense of the yen—and Treasury Secretary Scott Bessent wants it to be expanded
https://www.wsj.com/economy/central-banking/why-bessent-is-leaning-on-the-fed-to-help-prop-up-japans-currency-85794909
Published: August 4, 2026 00:00
The Treasury secretary wants the central bank to help by raising its $60 billion borrowing limit on an obscure lending program.
South Korea’s July Inflation Eases From 30-Month High
https://www.wsj.com/economy/south-koreas-july-inflation-eases-from-30-month-high-521d0d9a
Published: August 3, 2026 23:56
South Korea’s headline inflation moderated in July after reaching a 30-month high in June, as government measures partly helped restrain fuel and electricity prices.
U.S. Factory Activity Expands Again in July
https://www.wsj.com/economy/central-banking/u-s-factory-activity-expands-again-in-july-620ff592
Published: August 3, 2026 14:40
The ISM’s purchasing managers’ index was 55.6 in July compared with 53.3 in June. Analysts polled by The Wall Street Journal were expecting a reading of 54.
China’s factories show new signs of weakness, risking a sharper slowdown in growth
https://www.wsj.com/world/china/summertime-blues-hit-chinas-factories-69c507f8
Published: August 3, 2026 09:45
Beijing has signaled little appetite for major stimulus despite a slowdown in economic momentum.
Swiss Inflation Falls Again Despite Oil-Price Rebound
https://www.wsj.com/economy/central-banking/swiss-inflation-falls-again-despite-oil-price-rebound-aec4e78b
Published: August 3, 2026 07:31
Inflation fell in July despite a rebound in global energy prices following a flare-up of conflict in the Middle East.
China Private Manufacturing Gauge Shows Weaker Activity Growth
https://www.wsj.com/economy/china-private-manufacturing-gauge-shows-weaker-activity-growth-5c1d758b
Published: August 3, 2026 02:34
A private gauge showed China’s manufacturing activity expanded at a slower pace in July.
South Korea’s Export Growth Moderates But Remains Solid on Chip Demand
https://www.wsj.com/economy/trade/south-koreas-export-growth-moderates-but-remains-solid-on-chip-demand-267d79d7
Published: August 1, 2026 00:48
Fed Chairman Kevin Warsh this week floated to colleagues the prospect of meeting less often, which would mark a substantial shift in its operations, according to people familiar with the matter
https://www.wsj.com/economy/central-banking/warsh-floats-fewer-fed-meetings-debf5a23
Published: July 31, 2026 22:39
Meeting less than eight times a year would fit Chairman Kevin Warsh’s goal of drawing less attention to the central bank.
Richmond Fed President Tom Barkin said it is “a close call” whether the central bank’s interest-rate setting is high enough to bring inflation down
https://www.wsj.com/economy/central-banking/tom-barkin-fed-president-interest-rates-99f2b676
Published: July 31, 2026 16:49
The Richmond Fed president said he doesn’t know whether he would have joined the three colleagues who dissented in favor of a rate increase.
Week Ahead for FX, Bonds: U.S. Jobs Data in Focus, Could Give Steer on Fed Outlook
https://www.wsj.com/economy/global/week-ahead-for-fx-bonds-u-s-jobs-data-in-focus-could-give-steer-on-fed-outlook-50e95649
Published: July 31, 2026 16:16
U.S. monthly jobs data for July will provide the focus of attention as investors gauge the prospects for interest rates over the next few months.
The ideas current when John Maynard Keynes was at Cambridge shaped the economic programs he would champion.
https://www.wsj.com/arts-culture/books/keynes-for-our-times-review-in-debt-to-philosophy-27ee4ced
Published: July 31, 2026 15:45
The ideas current when John Maynard Keynes was at Cambridge shaped the economic programs he would champion.
Consumer Sentiment Rose in July, per Michigan Survey
https://www.wsj.com/economy/consumers/consumer-sentiment-rose-in-july-per-michigan-survey-4fd855d8
Published: July 31, 2026 14:49
The University of Michigan’s consumer sentiment index rose to 55.2 from 49.5 in June as gasoline prices cooled.
Canada GDP Grows in May Amid Expansion in Oil and Gas Activity
https://www.wsj.com/economy/central-banking/canada-gdp-grows-in-may-amid-expansion-in-oil-and-gas-activity-295e9bca
Published: July 31, 2026 12:50
Canada’s economy has roared back to life, tracking the strongest growth in roughly three years with an expansion in oil and gas activity and continued recoveries in areas like manufacturing.
Two Fed policymakers said stubborn inflation drove their dissenting votes for higher interest rates this week, a sign of mounting internal pressure on Chairman Kevin Warsh to act
https://www.wsj.com/economy/central-banking/two-fed-officials-say-inflation-should-have-prompted-higher-rates-e203c5ac
Published: July 31, 2026 12:14
The central bankers, Beth Hammack and Neel Kashkari, said Kevin Warsh’s Fed should have raised rates this week in the face of persistent price pressures.
Bank of Japan Stands Pat, Continues to See Inflation Around 2%
https://www.wsj.com/economy/central-banking/bank-of-japan-stands-pat-continues-to-see-inflation-around-2-3b20439c
Published: July 31, 2026 03:55
The Bank of Japan kept monetary policy unchanged Friday as it assesses how its latest interest-rate increase is affecting the economy and price trends.
China’s Factory Activity Gauge Unexpectedly Signals Contraction
https://www.wsj.com/economy/chinas-factory-activity-gauge-unexpectedly-signals-contraction-73e2f89b
Published: July 31, 2026 03:21
The official manufacturing purchasing managers index signaled a contraction in activity for the first time in five months, raising pressure on Beijing to support growth.
Mexican Economy Bounces Back in Second Quarter
https://www.wsj.com/economy/mexican-economy-bounces-back-in-second-quarter-d603c45e
Published: July 30, 2026 16:32
The country’s GDP rose 1.5% from the previous quarter in seasonally adjusted terms, marking the biggest expansion since the fourth quarter of 2020.
Mortgage rates jumped to their highest level in a year, dealing another blow to a long-stalled housing market that shows little sign of recovering
https://www.wsj.com/economy/housing/mortgage-rates-jump-to-a-one-year-high-9ea35b8a
Published: July 30, 2026 16:00
Four straight weeks of rising mortgage rates pushed the 30-year borrowing rate this week to 6.66%.
U.S. economic growth slowed to 1.5% in second quarter
https://www.wsj.com/economy/u-s-economic-growth-slowed-to-1-5-in-second-quarter-003c464f
Published: July 30, 2026 13:47
U.S. gross domestic product rose at a 1.5% annual rate in the second quarter, falling short of economists’ expectations.
Many business leaders are getting used to the idea of higher tariffs and expect them to stick around even after President Trump leaves office in January 2029
https://www.wsj.com/economy/trade/are-tariffs-the-new-normal-9836f5bc
Published: July 30, 2026 13:14
Many business leaders expect duties to outlast the Trump administration, warning the next president might find it hard to backtrack.
Fed’s Preferred Inflation Index Cooled but Remained Elevated in June
https://www.wsj.com/economy/feds-preferred-inflation-index-cooled-but-remained-elevated-in-june-1329a745
Published: July 30, 2026 13:05
The price index of personal-consumption expenditures cooled in June but remains well above the Fed’s 2% target.
U.S. Jobless Claims Rebound After Streak of Declines
https://www.wsj.com/economy/jobs/u-s-jobless-claims-rebound-after-streak-of-declines-681f14f7
Published: July 30, 2026 12:49
The number of people who filed for unemployment benefits was 197,000 in the week through July 25, 9,000 higher than the upwardly revised 188,000 reported a week earlier, the Labor Department said.
The Bank of England left its key interest rate unchanged while signaling its readiness to raise borrowing costs should high energy prices threaten to a broad pickup in inflation
https://www.wsj.com/economy/central-banking/boe-on-alert-for-signs-of-persistent-inflation-as-it-holds-rates-a1c57cb6
Published: July 30, 2026 11:17
The U.K. central bank may yet raise interest rates if the Strait of Hormuz remains closed.