Economic Data
Orders for long-lasting factory goods rose for a third straight month in July as manufacturers boosted output and the economy continued its climb back from disruptions related to the coronavirus pandemic.
U.S. Economy
Home-price growth held flat in June, as measured by the S&P CoreLogic Case-Shiller National Home Price Index, as home sales started to rebound following the pandemic-related lockdowns.
Economic Data
OECD members experienced the deepest contraction in at least six decades in the spring, according to fresh data, while continuing outbreaks of the novel coronavirus mean their path back to pre-pandemic levels of output is likely be fraught.
U.S. Economy
The mortgage finance giants will delay a 0.5% surcharge on refinanced home loans by three months, their regulator said.
Economy
Global trade flows collapsed in the spring, marking the largest fall in two decades, as coronavirus lockdowns disrupted air and sea transport and dealt a blow to the demand for many consumer and investment goods.
Central Banks
The Federal Reserve is making progress in incorporating climate change risks into its bank oversight activities, but its work is far from done, says a new report from a group of Senate Democrats.
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