Fed’s key inflation gauge rose 2.5% in June from a year ago, in line with expectations
U.S. economy grew at a 2.8% pace in the second quarter, much more than expected
Why an indicator that has foretold almost every recession doesn’t seem to be working anymore
How Biden’s unpopular economic record could be a challenge for Kamala Harris
Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking
Biden will announce Supreme Court reform plans on Monday, Politico reports
Trump to hold rally in Butler, Pa., where he survived assassination attempt
Trump running mate JD Vance doubles down on ‘childless cat ladies’ comment about Harris, Democrats
Short seller Andrew Left charged with fraud by prosecutors, SEC
Obama endorses Kamala Harris as she builds momentum against Donald Trump

UBS’s takeover of Credit Suisse has investors divided over the Fed’s next move. Here’s what the $3 billion deal could mean for US interest rates.