Federal Reserve Bank of Chicago President Austan Goolsbee said he is more concerned about inflation running too high than about weakness in the U.S. labor market.

Younger Americans have expressed significant skepticism about artificial intelligence and pessimism about the U.S. economy.

The global shipping industry is facing a combination of strong demand, congestion and geopolitical disruption.

Stock markets and traders are breathing a sigh of relief after relatively benign U.S. inflation data, but there may be little time to relax.

As debate over Pax Silica intensifies, experts speaking at the University of Asia and the Pacific (UA&P) urged policymakers and the public to look beyond the binary question of whether the initiative is simply “good” or “bad” for the Philippines.

The typically busy spring season for the U.S. housing market was disappointing, and the summer is showing few signs of a strong rebound.

The Philippine Stock Exchange (PSE) index started the week lower as investors weighed local and global concerns, including inflation, the Iran crisis, a weaker peso and uncertainty over the U.S. Federal Reserve's interest-rate outlook.

U.S. consumer prices were expected to rise moderately in July even as gasoline prices eased, potentially reinforcing financial-market expectations that the Federal Reserve would leave interest rates unchanged this year.

U.S. applications for unemployment benefits rose last week but remained at historically healthy levels, suggesting that layoffs remain limited despite signs of a cooling labor market.

Some U.S. consumers who paid tariffs on overseas purchases last year are beginning to receive refunds through shipping companies that acted as customs brokers.

U.S. stocks climbed to record highs as easing oil prices and a moderation in wholesale inflation boosted investor sentiment.

Marine traffic remains minimal in both the Strait of Hormuz and the Bab el-Mandeb Strait, although traffic through the latter has stabilized at a sharply reduced level.

Iran has said the Strait of Hormuz will not fully reopen unless the United States changes its policy toward Tehran, including by ending what Iran describes as a blockade, withdrawing US military assets from the region, lifting sanctions, unfreezing Iranian assets and compensating Iran for war-related damages.

Poland's economy is gaining importance in Europe. In 2025, the country ranked sixth in the European Union by nominal GDP, accounting for almost 5% of the bloc's total output.

The White House said in a report that more than 40 countries had helped China circumvent US tariffs by routing exports through nations facing lower American import duties.

U.S. household debt stood at $18.8 trillion in the second quarter of 2026, with auto-loan debt reaching a record high.

Major stock markets traded mixed in thin summer trading on Friday, with oil prices edging higher and the dollar slipping as investors assessed the outlook for US interest rates and the war in the Middle East.

The Philippine Stock Exchange (PSE) index recovered slightly on Friday, closing at 6,297.30 points, up 9.05 points, or 0.14 percent.

Nvidia has been working with major Wall Street firms to develop financing structures that could help customers fund purchases of chips and AI infrastructure, with CEO Jensen Huang promoting the concept of AI factories as a new class of productive, investable infrastructure.

More Americans fell behind on their home and auto loan payments in the second quarter of 2026, according to new data from the Federal Reserve Bank of New York.

The Philippine Stock Exchange (PSE) index tumbled on Thursday, weighed down by the traditional Ghost Month phenomenon and economic concerns, closing 78.39 points, or 1.23%, lower at 6,288.25 points.

Mortgage affordability is becoming a growing concern for the US housing market as borrowing costs remain elevated.

President Donald Trump signed an executive order on Thursday imposing a 15% tariff on imported polysilicon products, a key material used in semiconductors and solar panels, in a move that is expected to affect China.

The Philippine Stock Exchange (PSE) index rose 39.75 points, or 0.63%, to 6,366.64, on Wednesday as investors engaged in bargain hunting.