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U.S. government debt passes $40 trillion mark for the first time

As he has done in the past, Trump accused Fed officials of having political motives.

Andrei Klepach was reportedly fired from his role after presenting a report warning that Russia could not win a prolonged war of attrition with Ukraine.

The producer price index was expected to increase by 0.2% in July, according to the Dow Jones consensus.

The U.K. economy is showing further signs of a long-awaited rebound, but the picture is complicated by the fallout from the Iran war and high energy prices.

Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, surpassing the same period in 2025.

Lettuce prices posted their sharpest month-over-month decline on record as diners reconsider the vegetable amid the cyclospora outbreak.

Readings for July on the prices consumers pay for goods and services came in pretty much on target.

The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.

Tech leaders say AI will drive down costs. But slow corporate adoption and the data center buildout create inflation pressures that complicate the Fed's job.