United States · Business news · Economy · 30 Jul 2026
US Consumer Discretionary Industrials Financials
The advance estimate put real GDP growth at a 1.5% annual rate in April to June, down from 2.1% in the first quarter. Consumer spending, investment and exports added to growth; government spending fell and imports rose. The PCE price index increased 5.1%, against 4.6% the quarter before, and the measure without food and energy rose 3.4%, against 4.4%. Real final sales to private domestic purchasers, which adds consumer spending and private fixed investment, rose 3.9% after 1.7%.
The release gives two different readings for listed companies. Private demand, the part that drives sales at retailers, travel firms, manufacturers and lenders, grew 3.9%, faster than the headline. The slowdown came from government spending and from weaker growth in investment and exports, which bears on contractors and exporters. Prices rising at 5.1% bear on every company through input costs and through interest rates, since PCE is the inflation gauge the Federal Reserve targets.
Reported by U.S. Bureau of Economic Analysis — “GDP (Advance Estimate), 2nd Quarter 2026” ↗ on 30 Jul 2026.
Official series on 30 Jul 2026 or the last day before it, and the latest observation.
For Frasers the outlay is small, about $80 million, but it follows a pattern: the owner of Sports Direct takes holdings in brands it sells, which has in the past led to closer supply arrangements or, as with Hugo Boss…
The deal moves Uber Eats from single consumer orders into group and corporate orders, where the ticket is many times larger. Restaurant chains that sell catering gain a bigger ordering channel but also deal with one…
The pulled deal followed Holtec Nuclear's suspended and later withdrawn IPO and Bamboo Insurance's delayed listing, a sign that a spike in bond yields and fears of more Federal Reserve rate hikes had narrowed the…
Amazon and Google have invested billions in Anthropic and supply its cloud infrastructure, so a listing would put a public price on their stakes, and its compute commitments are future revenue for their cloud units and…