The Commerce Department released a report on Tuesday showing business inventories in the U.S. increased in line with expectations in the month of July.The report said business inventories rose by 0.2 percent in July, matching the increase seen June as well as economist estimates.The uptick came as manufacturing inventories climbed by 0.3 percent, retail inventories rose by 0.2 percent and wholesal...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.