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China's National Bureau of Statistics said June output at industrial enterprises above designated size: raw coal production fell year-on-year, crude oil production remained stable, natural gas production swung from a decline to year-on-year growth, a

2026-07-15

China's National Bureau of Statistics said June output at industrial enterprises above designated size: raw coal production fell year-on-year, crude oil production remained stable, natural gas production swung from a decline to year-on-year growth, and electricity generation registered steady growth.

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2026-07-15

Fed Governor Bowman said lenders understand innovation risks better and should be allowed to decide when to adopt AI and other new technologies. Speaking at a financial inclusion conference, Bowman said, "When and how to innovate is up to each bank a

Fed Governor Bowman said lenders understand innovation risks better and should be allowed to decide when to adopt AI and other new technologies. Speaking at a financial inclusion conference, Bowman said, "When and how to innovate is up to each bank and its management; they know their customers, communities and risk tolerance better than we do." He added the Fed should "set clear expectations, be transparent and refrain from intervening in individual business decisions related to innovation." Bowman’s remarks come as officials assess rapid AI developments, including Anthropic’s new Mythos model. Earlier at the same event, Fed Governor Barr said it remains unclear whether AI will reduce or exacerbate income and wealth inequality.
2026-07-14

The yield on the two-year U.S. Treasury note fell 10 basis points to 4.18% on the day.

The yield on the two-year U.S. Treasury note fell 10 basis points to 4.18% on the day.
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