IMF: World economy likely to grow 3.9% this year
The International Monetary Fund is keeping its forecast for global economic growth unchanged at 3.9 percent this year
Business inventories rise; sales gain biggest in eight months
U.S. business inventories were expected to gain in May.
Strong retail sales report suggests robust economic growth in the second quarter
U.S. retail sales rose solidly in June, boosted by increases in purchases of motor vehicles and a range of other goods.
US sales and employment are likely to grow, a survey of economists shows
Most U.S. business economists expect corporate sales to grow over the next three months and hiring and pay to rise with them.
Wall Street's top economist Hyman calls Trump's trade tactics classic 'Art of the Deal'
Evercore ISI Chairman Ed Hyman says President Donald Trump's tough trade stance is largely bluster and won't disrupt the global economy.
Consumer sentiment hits six-month low on 'darkening cloud' of tariffs
Consumer sentiment was expected to fall in the preliminary reading of July.
US import prices unexpectedly drop in June
U.S. import price were forecast to rise 0.1 percent in June, after climbing 0.6 percent a month earlier.
Trump's tariffs are unlikely to cause a recession because they are leaving the most important part of the economy alone
The tit-for-tat trade war between the United States and China is not likely to cause a recession, according to MKM Partners, a Wall Street equity research and trading firm.
Consumer prices rise at the fastest pace in 6 years
In the 12 months through June, the CPI increased 2.9 percent, the biggest gain since February 2012.