latest news in economy
Big Investors Quietly Sell Off Artificial Intelligence Stocks Ahead of Possible Market Drop
New York, Saturday, 1 August 2026.
Former White House advisor Jim Rickards warns institutional funds are quietly exiting artificial intelligence equities, signaling a potential market correction as high expenditure fails to deliver near-term enterprise profitability.
Texas Stock Exchange Launches Live Operations to Challenge Wall Street Dominance
Dallas, Saturday, 1 August 2026.
The Texas Stock Exchange (TXSE) launched live trading in Dallas following SEC approval, challenging the NYSE and Nasdaq duopoly. Backed by $275 million from investors like BlackRock and Citadel Securities, TXSE aims to capitalize on the region’s $8.9 trillion ‘Boom Belt’ economy.
European Central Bank Warns Environmental Damage Threatens Financial Stability
Frankfurt, Saturday, 1 August 2026.
Nearly 75% of European corporate loans rely heavily on healthy ecosystems, prompting central bankers to warn that accelerating nature loss directly threatens global economic and financial stability.
Why the Federal Reserve’s Alternative Measurement Shows Inflation Is Falling Fast
Washington, Saturday, 1 August 2026.
The Dallas Fed’s trimmed mean inflation rate dropped to 1.4% in June 2026, reaching its lowest level since 2020 and offering central bankers evidence of cooling underlying price pressures.
New Federal Import Taxes to Cost Average American Household $900 in 2026
Washington, Saturday, 1 August 2026.
Expanded federal trade tariffs will cost the average U.S. household $900 in 2026, creating the largest consumer tax burden increase since 1993 while disproportionately impacting working families.
US Labor Costs Rise in Second Quarter Despite Falling Real Wages
Washington, Friday, 31 July 2026.
US labor costs rose 0.9% in Q2 2026, beating expectations. Crucially, despite nominal wage growth, inflation-adjusted private sector wages fell 0.4% year-over-year, showing price increases still outpace pay gains.
