ICYMI – Cleveland Fed’s Hammack says Fed should already be raising rates, more than one hike needed !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Walmart logo sign is seen in Chicago, Illinois, Aug. 3, 2026. Marcin Golba | Nurphoto | Getty Images Walmart is expected to report fiscal second-quarter earnings before the bell on Thursday and offer its latest read on the health of the U.S. consumer. The retailer, which has been leaning into prioritizing value for its lower-income…
DBS Group strategists Taimur Baig and Nathan Chow forecast Vietnam’s goods exports to maintain strong double-digit growth at 27% year-on-year in August 2026, led by electronics and supported by external demand. Retail sales and tourism-related spending are seen as resilient, while headline inflation is expected to hold at 4.4%, below May’s peak but still elevated…
As politicians encroach on areas that require technical knowledge, the risk of costly policy mistakes increases. The failures of Narendra Modi and Donald Trump show that when it comes to economic policymaking, political acumen is no substitute for a deep understanding of incentives, markets, and institutions. NEW DELHI—During the seven years I served as chief…