U.S. Core PCE Inflation Holds at 3.3% in July as Consumer Spending Barely Grows in Real Terms

Core PCE inflation held at 3.3% in July while inflation-adjusted consumer spending was nearly flat, even as household income and the saving rate increased.

Core PCE inflation held at 3.3% in July while inflation-adjusted consumer spending was nearly flat, even as household income and the saving rate increased.

Kohl’s lifted its full-year profit forecast after receiving about $150 million in IEEPA tariff refunds and said it will resume up to $100 million of share repurchases in 2026.

DNP received tenders for 35.1 million AUSTRIACARD shares, clearing the 90% squeeze-out threshold, but Austrian foreign-investment approval remains outstanding before settlement.

e2open contributed $541.2 million to FY26 revenue, while WiseTech guided to 6% to 10% FY27 revenue growth as shares closed 10.1% lower after the results.

SoftwareOne reported CHF 818.3 million of first-half revenue, while combined like-for-like growth reached 11.6% at constant currency and the adjusted EBITDA margin rose to 24.9% as Crayon integration benefits came through.

New Zealand mortgage commitments fell 7.0% in July, with investor lending down 22.6% from a year earlier and its share of new commitments slipping to 18.9%.

FDIC-insured institutions lifted profitability as trading and fee income, securities gains and stronger net interest income outweighed higher operating costs.

FHFA’s purchase-only index rose 0.3% in the second quarter, but June prices were flat and regional performance split sharply between stronger Midwest and Northeast markets and weaker parts of the West.

National home prices rose faster than in May, but the gain remained below inflation and regional trends ranged from a 6.9% rise in Chicago to a 2.0% decline in Seattle.

The FTC made permanent a remedy requiring seven surgery-center divestitures and a decade of prior-notice obligations in five metropolitan areas.