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The Wall Street Times

The Wall Street Times

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Wall Street Times - Breaking News, Business & Finance

Consumer Spending Rose 0.3% in June as PCE Inflation Dipped

Consumer Spending Rose 0.3% in June as PCE Inflation Posted First Monthly Decline of 2026

Consumer spending increased 0.3% in June, adding $65.2 billion to personal consumption expenditures, while the PCE price index fell 0.1% from the prior month, marking the first monthly decline in the Federal Reserve’s preferred inflation gauge this year. The Bureau of Economic Analysis released the data on July 30, the same day the Federal Open Market Committee voted

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Apple Posts Record $109.4 Billion Quarter in Tim Cook’s Final Earnings Call as CEO

Apple reported its strongest June quarter in company history on July 30, posting $109.4 billion in revenue and $2.02 in diluted earnings per share, numbers that beat Wall Street estimates on both counts. The record results, however, were overshadowed by forward guidance that fell short of analyst expectations, worsening supply constraints tied to the global AI-driven memory shortage,

The Treasury Market's Structural Shift: Fewer Dealers Reshape Trading

The Treasury Market’s Structural Shift: Fewer Dealers Reshape Trading

The number of firms authorized to trade directly with the Federal Reserve has declined over the past two decades, leaving Treasury market dealers concentrated among a handful of large financial institutions. This consolidation has reshaped how the world’s largest and most liquid bond market operates, from auction dynamics to daily trading flows. The shrinking roster of primary dealers

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