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Bank of Japan Raises Price Forecasts, Fueling Rate-Hike Hopes

The central bank held its overnight call rate target steady at 0.5%, where it has remained since its last hike in January.
https://www.wsj.com/articles/bank-of-japan-stands-pat-but-raises-price-forecasts-116a7887

French Inflation Stays Steady as ECB Holds Rates

Consumer prices rose 0.9% on year this month, remaining stable and likely keeping the European Central Bank cautious over any further rate cuts ahead.
https://www.wsj.com/economy/french-inflation-stays-steady-as-ecb-holds-rates-9abf937a

China Official PMIs Signal Impending Slowdown

The country’s official gauges of economic activity weakened in July, signaling a potential economic slowdown after resilient growth in the first half of the year.
https://www.wsj.com/economy/china-manufacturing-activity-contracts-for-fourth-straight-month-dbbe41b4

Fed Chair Jerome Powell is keeping his options wide open for the September meeting, promising little while ruling out nothing

The Fed chair is keeping his options wide open for the September meeting, promising little while ruling out nothing.
https://www.wsj.com/economy/central-banking/powells-gamble-that-the-economy-will-reveal-its-true-self-in-the-next-two-months-a62e0ddc

AB InBev Shares Plunge as Sales Volumes Miss Forecasts

The world’s largest brewer reported a steeper decline in sales volumes than analysts had expected, sending shares sharply lower in European morning trade.
https://www.wsj.com/business/earnings/bud-brewer-ab-inbevs-profit-rises-ahead-of-views-despite-sales-volume-decline-4c52b0bc?mod=pls_whats_news_us_business_f

British American Tobacco Backs Guidance on Better-Than-Expected Earnings

The tobacco group said it expects to meet the top end of its 2025 guidance of revenue growth of 1% to 2% at constant rates.
https://www.wsj.com/business/earnings/british-american-tobacco-backs-guidance-on-better-than-expected-earnings-aec1e7fb?mod=pls_whats_news_us_business_f

President Trump�s popular policy will cut taxes on overtime pay for millions of workers, but the deduction excludes airline and railroad employees, among other groups

President Trump’s popular policy will cut taxes on overtime pay for millions of workers, but the deduction excludes airline and railroad employees, among other groups.
https://www.wsj.com/politics/policy/no-tax-overtime-trump-bill-df3a6cf2

Senators rejected an effort to block U.S. arms sales to Israel, even as lawmakers expressed growing concerns over famine in Gaza

The votes took on new prominence following an international outcry over images of malnourished babies and children in the Palestinian enclave.
https://www.wsj.com/politics/policy/republican-gaza-israel-party-split-4bfefcdb

Pepper…and Salt

https://www.wsj.com/opinion/pepperand-salt-6bccf7c6

Majority of ICE arrests in Trump's first 5 months were in these states

Statistics indicate Texas saw nearly a quarter of all ICE arrests during President Trump's first 5 months in office. About 11% of arrests occurred in Florida and 7% in California.
https://www.cbsnews.com/news/ice-arrests-border-and-southern-states/

Trump's tariffs poised for major test before federal appeals court

The Trump administration asked the U.S. Court of Appeals for the Federal Circuit to review a trade court's decision invalidating President Trump's 10% tariffs.
https://www.cbsnews.com/news/trumps-tariffs-poised-for-major-test-before-federal-appeals-court/

Execution slated for today would set mark for most in Florida in single year

An execution slated for Thursday would set a record for the most in Florida in a single year, 9.
https://www.cbsnews.com/news/florida-execution-record-most-executions-there-single-year-9-edward-zakrzewski/

Cuts at a little-known federal agency pose trouble for local health programs

The workforce of a federal agency that oversees billions in grants for primary health care, AIDS/HIV, maternal and child health services, and workforce training has been slashed, sparking fears of what's to come.
https://www.cbsnews.com/news/staff-cuts-federal-agency-health-programs/

Arkansas State Police arrest suspect in Devil's Den double homicide

Clinton David Brink, 43, and Cristen Amanda Brink, 41, were found dead Saturday at the park in Washington County, police said. They were hiking with their daughters, ages 7 and 9.
https://www.cbsnews.com/news/arkansas-police-arrest-suspect-devils-den-state-park-double-homicide/