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U.S. Treasury Secretary Bessent said the Fed is undergoing an "adjustment" process.

2026-08-04

U.S. Treasury Secretary Bessent said the Fed is undergoing an "adjustment" process.

Other News
2026-08-03

In July, ISM's manufacturing PMI rose to 55.6, the highest since May 2022 and the seventh consecutive month above the 50 expansion threshold. The production index climbed to 58.5, its strongest level since late 2021, while the employment indicator sh

In July, ISM's manufacturing PMI rose to 55.6, the highest since May 2022 and the seventh consecutive month above the 50 expansion threshold. The production index climbed to 58.5, its strongest level since late 2021, while the employment indicator showed manufacturers added workers for the first time since September 2023. New orders recovered. All surveyed sectors expanded in July except chemicals; printing, apparel and electrical equipment were among the gainers. Momentum reflects robust consumer demand, solid business investment and defense-related government spending.
2026-08-04

BP said plant performance was weaker than in the prior quarter and expects 2026 fuel profits to be affected by developments in the Middle East and related policy actions.

BP said plant performance was weaker than in the prior quarter and expects 2026 fuel profits to be affected by developments in the Middle East and related policy actions.
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