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Producer prices in the USA rose less than expected
Producer prices in the USA rose by 2. 2 percent in July this year compared to the same month last year, according to a report from the USA's labor market department.
Better than expected for Disney
The media company Disney exceeded market expectations in its quarterly report. The company reports an adjusted result per share of 1.
Better than expected for Uber
The transport company Uber Technologies performed better than expected during the second quarter, according to the company's latest report. Revenue rose to 10.
Fed leaves interest rate unchanged
The USA's central bank, the Federal Reserve (Fed), is leaving the interest rate unchanged, in the range of 5. 25-5.
Fewer new jobs than expected in the USA
122,000 new jobs were created in the private sector in the USA in July, according to monthly statistics from payroll administrator ADP. This was far below expectations and can be compared to the revised 155,000 new jobs in the sector in June.
USA: Inflation slightly higher than expected
Inflation in the USA fell to 2. 5 per cent in June according to the so-called PCE measure.
Tokyo Stock Exchange Plummets After AI Dip
Several leading Asian stock exchanges are following the direction of yesterday's trading on Wall Street, where technology-heavy stocks plummeted. The Tokyo Stock Exchange's Nikkei 225 index was down 3 percent after a few hours of trading on Thursday, while the broader Topix index pointed to a minus of 2.
The record rally on Wall Street slows down
Wednesday's trading marked the end of the recent record-breaking slump on the New York Stock Exchange. Concerns about possible disruptions in trade with China hit chip companies and indexes fell to their worst levels in several months.
Unexpectedly large boost for US industry
Industrial production in the USA increased by 0. 6 percent in June compared to May, according to a report from the US central bank Federal Reserve (Fed).
Johnson & Johnson lowers profit forecast
The American pharmaceutical company Johnson & Johnson is lowering its profit forecast for 2024. Unexpectedly high costs related to acquisitions are behind the decision.
German investors less pessimistic than feared
The outlook for the German economy looks slightly gloomier, according to German investors and analysts. The Zew index, a monthly survey, falls to 41.
China's growth slower than expected
China's growth was slower than expected during the second quarter. GDP increased by 4.
The market is expected to "hedge" after Trump's surge
Investors are expected to invest in "safe" assets and trade linked to Donald Trump's increased chances of winning the presidential election, according to analysts who have spoken to the news agency Bloomberg. .
Higher Producer Prices in the USA
Producer prices in the USA rose by 2. 6 percent in June compared to revised 2.
USA inflation falls – interest rate cuts loom
Households and companies pressed by high interest rates can rejoice at an unexpectedly weak inflation figure for June from the USA. Now the probability of several interest rate cuts this year increases – even on Swedish mortgages.
Taylor Swift gives a boost to American air travel
The American airline Delta Airlines reports an adjusted profit per share of 2. 36 dollars for the second quarter of the year, down from 2.
British economy grew in May
The UK's economy grew by 0. 4 per cent in May after zero growth the previous month.
Microsoft Leaves Open AI's Board
Microsoft is leaving Open AI's board. The cloud giant, which has invested 13 billion dollars in the American creator of Chat GPT, has announced to Open AI that it is withdrawing from the company's board, where it has held a non-voting seat since the end of last year.
Unexpected fall in Norwegian inflation
Inflation in Norway – that is, consumer price increases at an annual rate – was 2. 6 percent in June, according to the country's statistics agency.
Inflation expected to fall – now below target
The upward pressure on consumer prices has decreased. For June, a significant drop in Swedish inflation is expected to be reported by the Statistics Sweden (SCB).
Windfall for Russian Oligarchs
Large Russian companies have this year increased or resumed previously suspended dividend payments to their owners. The billion-dollar dividend payments indicate a decreased concern in the Russian business community about the economic effects of the invasion war against Ukraine.
Unexpectedly low job figure from USA
150,000 new jobs were created in the private sector in the USA in June, according to monthly statistics from the payroll administrator ADP. It was fewer than expected and can be compared to 157,000 new jobs in the sector in May according to revised figures.
AI can devour Google's climate goals
Google's goal of reducing its emissions to zero by 2030 will be very difficult to achieve – the development of AI is consuming more and more energy, which increases emissions. This is evident from an environmental and climate report from Alphabet, Google's parent company.
Error in data behind massive increase in young people living at home
At the end of June, Eurostat published statistics on the proportion of young people living at home in different EU countries. But the Swedish data that formed the basis for the compilation was incorrect.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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