Minutes from the Fed's July 29β30 meeting show most officials viewed the risk of rising inflation as more serious than labor-market concerns. The record said a majority of the 18 policymakers prioritized inflation risk, while President Trump's tariffs deepened internal debate on rates. #Fed #inflation #FiatNews
European equity futures were flat on Aug. 21 as markets digested central-bank developments and geopolitical headlines: Euro Stoxx 50 +0.0%, FTSE 100 +0.1%, DAX +0.1%. The mixed backdrop included Fed minutes, ECB warnings on growth and tech-sector news. #EuroStoxx #FTSE #DAX #FiatNews
Paul Krugman told Bloomberg that recent US trade policy has become more complexβdifferent tariffs by countryβand that government agencies may lack capacity to manage the new system. He said soft indicators have signalled weakness while hard data show more strength, but trends are converging toward the soft data. Krugman added that the stock market has had βzero predictive powerβ for the economy. #Krugman #tariffs #economy #stocks #FiatNews
Minneapolis Fed President Neel Kashkari told CNBC that available data point to slowing US activity and that the full impact of tariffs on inflation may not be clear for up to a year. He said the Fed βcould start adjusting ratesβ and considers it βreasonableβ to expect two rate cuts this year with current information, while acknowledging tariffs could change that path. Kashkari also cited slowing wage growth as a sign of a cooling labor market. #Fed #Kashkari #inflation #rates #FiatNews
Baidu reported a revenue decline, citing an economic slowdown in its markets, while SQM raised its sales outlook despite a drop in profitsβillustrating mixed corporate results across sectors. #Baidu #SQM #FiatNews
Novo Nordisk has instituted a global hiring freeze as it reassesses workforce needs across regions; the company did not disclose headcount figures tied to the move. #NovoNordisk #FiatNews
Alaska Airlines introduced a new loyalty program, outlining updated member benefits and engagement features; the carrier provided details on rollout and program elements in its announcement. #AlaskaAir #aviation #FiatNews
Private equity firm Thoma Bravo is in talks to acquire Dayforce, according to reports, reflecting ongoing M&A interest in enterprise software; terms and timing remain under negotiation. #ThomaBravo #Dayforce #M&A #FiatNews
Toll Brothers reported weaker-than-expected orders, citing challenges tied to housing availability that pressured its quarterly performance and outlook. No detailed order figures were provided in the summary. #TollBrothers #FiatNews
EstΓ©e Lauder missed expectations, attributing the shortfall in part to tariff impacts, and has initiated a review of its brands to address performance issues following the disappointing results. #EsteeLauder #FiatNews