Fed Now Facing Twin Inflation, Growth Risks As Virus Jumps And Supply Chains Falter
Economy
Japan Continues To Struggle To Build Its Way Form Under Pandemic
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U.S. Retail Sales Unexpectedly Rebound In Boost To Economic Growth
"U.S. retail sales unexpectedly increased in June as demand for goods remained strong even as spending is shifting back to services. -
China's Economic Recovery Loses Some Steam, Investors Eye More Policy Easing
"China's economy grew slightly more slowly than expected in the second quarter, weighed down by higher raw material costs and new COVID-19 outbreaks, as expectations build that policymakers may have to do more to support the recovery.
The Latest
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'Greenflation' Imminent But The World Will Benefit From It, Experts Say
Long-term benefits to be expected from rising costs related to going green. 
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Demand For Meat Grows To Record Amount, And Prices Went Along With It: Here's Why
Experts say people should get used to high meat prices. 
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Toshiba Follows GE's Lead; Company To Split Into Three
Three companies will be separately handling Toshiba's core businesses such as its energy, infrastructure, devices, storage, and chip-making business. 
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Japan Stimulus Plan To Pay Families $880 In Cash Per Child
The government of new Prime Minister Fumio Kishida plans to give households $880 per child regardless of their household income. 
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Turkish Lira Drops To Record Low Following Threats To Kick Out Foreign Ambassadors
The Turkish lira dropped to an all-time low of 9.75 against the U.S. dollar following Erdogan's order to expel foreign ambassadors from the country. 
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UK And New Zealand Sign Free Trade Agreement
Under the new deal, all barriers to trade between the two nations will be removed, including tariffs on goods such as farm equipment and clothes. 
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Building default fears pummel Chinese property firms
Chinese property firms watched their bonds take another beating on Friday as the prospect of a wave of defaults in the sector in the wake of China Evergrande's troubles continued to scare off investors. 
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Oil eases as U.S. mulls strategic reserve sales
Oil prices extended losses from the previous session on Thursday, as the United States said it was considering selling oil from its strategic reserves and as Russia said it was ready to stabilise the natural gas market. 
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Asian LNG spot price reaches record high of $34.47/mmbtu - Platts data
Asian liquefied natural gas (LNG) spot price rose to a record high on Thursday on the back of robust demand for the super-chilled fuel and low supply. 
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Amazon Actively Lobbying For Pro-Marijuana Laws
Amazon said it is actively lobbying for legislative reforms aimed at decriminalizing marijuana and eliminating pre-employment testing for the drug. 
