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Lagging consumer spending and business investment offset the boost from strong exports thanks partly to the boom in artificial intelligence.
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Stock market today: Dow, S&P 500, Nasdaq futures extend gains ahead of earnings, wholesale inflation data Yahoo FinanceWholesale prices unexpectedly declined 0.3% in June on big drop in gasoline CNBCWholesale inflation improved as energy prices fell last month — but relief may be temporary CNNInflation Slowed to 3.5% in June, as Americans Got a Break From Gasoline Prices WSJ
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China's GDP Growth Weakens to 4.3%, Below Official Target Range Bloomberg.comChina's Economy Grows at Slowest Pace in Years The New York TimesChina economic growth falls sharply, missing target BBCChina posts slowest quarterly growth since 2022 as investment slumps, fanning stimulus calls CNBCChina misses growth target for first time since Covid as Iran turmoil roils global trade
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Wholesale prices fell in June for the first time in 10 months largely due to lower gas prices, but it's unclear if the recent slowdown in inflation will persist in light of renewed hostilities between the U.S. and Iran.
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Home prices are growing much slower than they did during the pandemic-era buying frenzy.
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ICE should do traffic stops despite recent shootings, Trump says, seeming to oppose new suspension AP NewsTrump says ICE should resume traffic stops after his own administration suspended them CNNICE leadership surprised by Trump calling for continued immigration traffic stops NBC NewsAfter fatal ICE shooting in Maine, Susan Collins faces scrutiny over her role as a Trump administration middleman The Boston GlobeColombian Immigrant Killed by ICE in Maine Had Legal Status, Father Says
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China reports lowest GDP growth in more than 3 years Financial TimesChina's Economy Grows at Slowest Pace in Years The New York TimesChina economic growth falls sharply, missing target BBCChina misses growth target for first time since Covid as Iran turmoil roils global trade CNNChina posts slowest quarterly growth since 2022 as investment slumps, fanning stimulus calls CNBC
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The United States reinstated its blockade on Iranian ports in the Strait of Hormuz and shipping slowed to a crawl amid the renewed warfare in the critical waterway.
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CPI Report Live Updates: Inflation Cools to 3.5% Annually as Oil Prices Drop The New York TimesInflation Slowed to 3.5% in June, as Americans Got a Break From Gasoline Prices WSJA Better Day for Inflation, a Bummer for IBM Bloomberg.comStock futures are flat after soft inflation reading lifts market: Live updates CNBC
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Dutch lower mid-market investor DELTA Equity Partners has raced to a final close of its second flagship fund on its €125m hard cap, just four months after launching the vehicle.
The post DELTA Equity Partners hits €125m hard cap for second buy-and-build fund appeared first on AltAssets Private Equity News.
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Lightspring Capital Partners has held the final close of its second flagship fund on just over $218m, strengthening its position in the US lower middle market.
The post Lightspring Capital closes $218m second fund as lower mid-market specialist expands SBIC platform appeared first on AltAssets Private Equity News.
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