Vince Golle

La actividad manufacturera de Estados Unidos se expandió en mayo al mayor ritmo en cuatro años, mientras los clientes buscaban adelantarse al aumento de las presiones de precios vinculadas a la guerra con Irán.

The global economy is showing signs of wearing down with inflation pressures persisting during the third month of a war-induced energy crunch.

The Federal Reserve’s favored top-line inflation gauge is rapidly approaching 4% as a war-driven spike in energy costs generates unease that price pressures will broaden.

Global economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crunch. Bond yields have surged to a two-decade high. While the UK saw inflation ease, other nations grapple with rising prices and currency pressures, impacting consumers and businesses worldwide.

(Bloomberg) -- The Federal Reserve's favored top-line inflation gauge is rapidly approaching 4% as a war-driven spike in energy costs generates unease that price pressures will broaden.

US mortgage rates increased last week to the highest since August, restraining home-purchase activity and prompting a sharp pullback in refinancing.

Las tasas hipotecarias en Estados Unidos aumentaron la semana pasada a su nivel más alto desde agosto, lo que restringió la actividad de compra de viviendas y provocó un fuerte retroceso en la refinanciación.

Conference Board's Measure of CEO Confidence Dropped to 47 From 59 A U.S. flag in a warehouse at a factory in Newell, W.Va. (Luke Sharrett/Bloomberg)

Employers in the US likely stepped up their pace of hiring in July, showing a steady appetite for workers despite the overhang of geopolitical concerns and elevated inflation.

Economists estimate the monthly jobs report on Friday will show an 85,000 increase in payrolls after the lower-than-expected 57,000 gain in June, according to the Bloomberg survey median.