News

The Bank of France expects the French economy to grow by 0.2% in the third quarter.

Market sources say that an executive at Apple (AAPL.O) responsible for payments and wallet services will leave the company in October.

The Federal Reserve accepted a total of $1.25 billion from two counterparties in its fixed-rate reverse repurchase operations.

Bahrain's Ministry of Defense: The Chief of the Bahrain Defence Force met with the Deputy Chief of the Strategic and Operational Staff of the UK Defence Staff and a delegation. The two sides discussed bilateral defense cooperation and regional security issues.

The yield on the three-year U.S. Treasury note narrowed its losses after the three-year Treasury auction; it was last down 1.6 basis points to 4.289%.

The percentage of the winning bid for the 3-year U.S. Treasury bond auction on August 11 was 18.31%, compared to 2.17% previously.

The US 3-year Treasury auction on August 11th yielded a winning bid of 4.291%, compared to 4.18% previously.

The bid-to-cover ratio for the 3-year U.S. Treasury bond auction ending August 11 was 2.71, compared to 2.6 previously.

According to CBC News, Canadian and U.S. trade officials are working on a potential agreement, which they plan to submit to Trump next week.

The U.S. Energy Information Administration currently believes that the recent threats to ships carrying Saudi oil through the Bab el-Mandeb Strait have not led to a disruption in oil production.

Market news: ZoomInfo data is now integrated into Microsoft Copilot Studio and can be used in Microsoft 365 Copilot, Dynamics 365, Excel, and Word.

Federal Reserve's Goolsby: The biggest problem facing the economy is inflation.

Federal Reserve's Goolsby: As long as consumption remains robust, the economy will remain healthy.

Federal Reserve's Goolsby: Prices and affordability are the biggest problems we face right now.

British Prime Minister Burnham: I have limited room for maneuver regarding government support. I face a grim financial outlook and will not propose any measures that I cannot raise funds for.

According to the BBC: British Prime Minister Burnham said the government is considering providing more support to businesses.

The U.S. Energy Information Administration (EIA) projects that Texas's electricity load will grow by 6% in 2027, down from the 14% forecast in its July Short-Term Energy Outlook.

The U.S. Energy Information Administration lowered its forecast for electricity demand in Texas after the governor announced a halt to new data center development.

Federal Reserve's Goolsby: Labor market indicators show stability, but are not strong.

US President Trump: Robert is imprisoned in Russia. He will arrive in Washington, D.C. tonight.