The Commerce Department released a report on Friday showing U.S. personal income increased by much less than expected in the month of July.The report showed personal income edged up by 0.2 percent in July after climbing by an upwardly revised 0.7 percent in June.Economists had expected personal income to rise by 0.6 percent, matching the advance originally reported for the previous month.The uptic...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.