US Economy Slows to 1.5 Percent Growth in Second Quarter Amid Trade Deficits and Elevated Inflation
GDP growth falls short of forecasts as fuel prices surge and PCE inflation remains nearly double the Federal Reserve's target.
White Sox Make Major Trade Deadline Splash With Luis Castillo Acquisition
Chicago acquires two-time All-Star pitcher from Mariners in exchange for reliever, outfielder, and top catching prospect ahead of Monday deadline.
Canadian Convenience Giant Couche-Tard Launches 8.6 Billion Dollar Bid for Poland's Zabka Group
Circle K operator announces tender offer for Polish convenience retailer with over 10,000 stores in major Central European expansion play.
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Economy
Alternative Inflation Indicators Show Price Pressures at Lowest Levels Since Early Pandemic
Dallas Fed trimmed mean inflation hits 1.4 percent in June, lowest since November 2020, as Chairman Warsh considers broader inflation metrics.
Sports
Trade Deadline Countdown: MLB Teams Make Final Moves Before Monday's 6 PM Cutoff
With the August 3 deadline just two days away, Minnesota lands Dean Kremer from Baltimore while Tarik Skubal rumors dominate the market.
Economy
US Economy Slows to 1.5 Percent Growth as Inflation Stays Stubbornly High
Second-quarter GDP growth decelerated sharply while three Fed officials dissented in favor of raising interest rates to combat persistent inflation.
Sports
Twins Stage Impossible Comeback, Stun Royals on Clemens Walk-Off Grand Slam
Kody Clemens launched a walk-off grand slam with two outs in the ninth inning to give the Twins an improbable 4-3 victory over the Royals.
Business
Samsung Lands 200 Billion Dollar Broadcom Deal to Build Next-Gen AI Chips
The five-year partnership covers HBM4 memory, 2nm foundry manufacturing, and advanced packaging, marking one of the largest semiconductor deals ever disclosed.