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Inflation Cooling, Though Still Too Elevated for Fed: Eco Week

(Bloomberg) Inflation in the US likely continued to soften in June but a key measure of underlying price pressures is still running at an uncomfortable pace that keeps the Federal Reserve tilted toward resuming interest-rate hikes this month.Most Read from BloombergYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionWall Street Soothsayers Are Bewildered About What’s NextKremlin Says Turkey’s Return of Azov Defenders Viol

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Inflation Cooling, Though Still Too Elevated for Fed: Eco Week

Inflation Cooling, Though Still Too Elevated for Fed: Eco Week
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42nd Street, starring Samantha Womack and Faye Tozer, is coming to the Marlowe Theatre in Canterbury

The revival of showbiz musical 42nd Street, starring EastEnders’ Samantha Womack and Steps singer Faye Tozer, is currently touring the UK.

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US Jobs Seen Growing in Tune With Resilient Economy: Eco Week

(Bloomberg) Upcoming readouts of the US labor market are projected to show more moderate yet still healthy job growth, an historically low unemployment rate, cooler wage gains and fewer vacancies. Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnDizzying Bond Moves Put 4% Yield in Play to Win Over InvestorsUnited May Cut Newark Flights as It Seeks More Gates to Stem DelaysThe jobs report will be fron

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US Consumers Lose Steam, Setting Economy Up for Sharp Slowdown

(Bloomberg) US consumer spending — the economy’s main engine — has lost steam for most of this year, portending weaker growth ahead while also helping to cool inflation.Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthChina Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser SaysSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineChina’s Economic Woes Are Multip

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