US economy

Worth a crack? US eggs make a comeback in Singapore after more than 20 years

The first batch of eggs from the US arrived in Singapore earlier in July.

US Fed dissenters call for rate hikes over sustained inflation

A trader working at the New York Stock Exchange on July 29, as a screen broadcasts a press conference by US Federal Reserve chairman Kevin Warsh following the Fed’s latest rate announcement.

Starbucks, Chipotle tweak menus and rewards to win over diners

Starbucks said new chicken wraps, blue coconut beverages and its line of iced fruit drinks with customisable levels of caffeine attracted customers.

Consumers, AI spending likely supported US growth in second quarter

People work inside Microsoft’s data centre currently under construction at Mount Pleasant, Wisconsin.

Fed’s Warsh rebuked by investors craving a real inflation fight

Federal Reserve chair Kevin Warsh speaks during a news conference at Federal Reserve Headquarters in Washington, DC., on July 29.

US Fed holds rates steady; three policymakers dissent in favour of a hike

Three of the 12 members of the policy-setting Federal Open Market Committee “preferred” a quarter-percentage-point hike at the latest meeting.

AI spending boosts US core capital goods orders, shipments in June

Durable goods shipments increased 0.7 per cent in June after advancing 1.1 per cent in the prior month.

AI data centres running on borrowed money

Risk is rising as big tech companies like Oracle Ñ the ultimate financial source of the Ellison media empire Ñ need to turn to the bond market for staggering sums to finance data centers. (Jason Hoffman/The New York Times) Ñ FOR EDITORIAL USE ONLY WITH NYT STORY SLUGGED DATA CENTER DEBT BY JEFF SOMMER FOR JULY 17, 2026. ALL OTHER USE PROHIBITED. Ñ

US consumer inflation slows more than expected in June on lower energy costs

US inflation fell 0.4 per cent in June after advancing 0.5 per cent in May.

Some US Fed officials considered June rate hike on Iran war fallout

FILE PHOTO: Renovations continue at the Federal Reserve Board building in Washington, D.C., U.S., November 14, 2025. REUTERS/Elizabeth Frantz/File Photo

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.