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US President Trump: Seeking to break this powerful monopoly.

2026-08-28

US President Trump: Seeking to break this powerful monopoly.

Other News
2026-08-28

Analyst Andrew Sacher said some had expected Fed chair Kevin Warsh to favor an inflation gauge that would show him in a better light; instead Warsh decomposed PCE inflation and found 49% of components had annualized price gains above 3%, calling that

Analyst Andrew Sacher said some had expected Fed chair Kevin Warsh to favor an inflation gauge that would show him in a better light; instead Warsh decomposed PCE inflation and found 49% of components had annualized price gains above 3%, calling that level "quite high". He struck a hawkish tone on the labor market, emphasizing low unemployment and initial jobless claims, while only briefly touching on nonfarm payrolls.
2026-08-28

INSEE on Friday released final data showing Q2 GDP was flat QoQ (0.0%), below the earlier 0.2% preliminary estimate and the 0.2% market consensus. Exports rebounded 2.9% after a 3.0% decline in the prior quarter, led by a strong recovery in aircraft

INSEE on Friday released final data showing Q2 GDP was flat QoQ (0.0%), below the earlier 0.2% preliminary estimate and the 0.2% market consensus. Exports rebounded 2.9% after a 3.0% decline in the prior quarter, led by a strong recovery in aircraft shipments. Household consumption, a traditional growth driver, reversed from -0.3% in Q1 2026 to +0.3% in Q2, supported by higher spending on food, energy and manufactured goods.
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