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Federal Reserve's Daly: Strong U.S. investment growth is unlikely to slow down.

2026-07-02

Federal Reserve's Daly: Strong U.S. investment growth is unlikely to slow down.

Other News
2026-07-02

SK Hynix said it will invest 80 trillion won (about $51.5bn) to build a new NAND flash fab targeted to start operations in 2029 to ease AI-driven storage shortages. The CEO, speaking at an event attended by South Korea's Lee, said construction of the

SK Hynix said it will invest 80 trillion won (about $51.5bn) to build a new NAND flash fab targeted to start operations in 2029 to ease AI-driven storage shortages. The CEO, speaking at an event attended by South Korea's Lee, said construction of the new M17 fab in Cheongju will begin next year. The company also plans a further 20 trillion won investment in a Cheongju packaging plant, aimed for completion by end-2027.
2026-07-02

US June nonfarm payrolls rose 57k vs 110k expected; prior two months were revised down by a combined 74k, the BLS said. The unemployment rate fell, driven by a sharp drop in labor force participation as workers exited the labor force. Spot gold jumpe

US June nonfarm payrolls rose 57k vs 110k expected; prior two months were revised down by a combined 74k, the BLS said. The unemployment rate fell, driven by a sharp drop in labor force participation as workers exited the labor force. Spot gold jumped on the data and markets trimmed bets on earlier Fed tightening, shifting the expected timing of the next Fed rate hike from October toward December.
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