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Kevin Warsh, Federal Reserve chair, said productivity gains will structurally reduce inflation.

2026-07-15

Kevin Warsh, Federal Reserve chair, said productivity gains will structurally reduce inflation.

Other News
2026-07-15

Wells Fargo raised its PT on Goldman Sachs (GS.N) to $1,325 from $1,195.

Wells Fargo raised its PT on Goldman Sachs (GS.N) to $1,325 from $1,195.
2026-07-15

Australia is set to record its smallest wine-grape crush in over 25 years as weak demand and extreme weather curb output, the Australian Wine Association said. The association expects the 2026 wine-grape crush at 1.27 mln tons, down 19% YoY and rough

Australia is set to record its smallest wine-grape crush in over 25 years as weak demand and extreme weather curb output, the Australian Wine Association said. The association expects the 2026 wine-grape crush at 1.27 mln tons, down 19% YoY and roughly 25% below the 10-year average; annual wine value is forecast to fall 26% YoY to A$837 mln. Respondents to a national vintage survey reported late frosts, heatwaves and floods across multiple regions. The group flagged a fourth consecutive season below the long-term average, saying grape supply is undergoing a structural adjustment to changing global demand. Global listed beverage producers’ market capitalization has fallen about $800 bln over the past five years.
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