Germany's Q2 economic growth at 0.3%, surpassing initial estimate

By Michael MacKenzie, Ye Xie and Greg Ritchie (Bloomberg) — The message from the bond market was clear: For all of Federal Reserve Chairman Kevin Warsh’s tough talk about taming inflation, he’s not rushing fast enough to deliver. After the Fed kept interest rates unchanged for a seventh consecutive month on Wednesday, investors dumped 30-year…

Trump Media interim CEO Kevin McGurn on Monday defended his company offering faster access to President Donald Trump‘s Truth Social posts, and said more customers have signed up for the pricey and controversial service. “We’re getting into the mid-teens now, and we’re climbing,” McGurn told CNBC’s “Squawk Box” when asked if more companies had started…

Warren Buffett’s retirement hasn’t distracted Berkshire Hathaway from doing what he did best — snapping up beaten-down stocks. The legendary investor‘s conglomerate has nearly doubled its stake in homebuilder Lennar since the end of June, regulatory filings show. Buffett, 96, departed as CEO at the turn of this year and stepped down as chairman on…

Key insight: Though FirstSun Capital characterized a $22 million fraud-related loss as “isolated,” another lender said fraud is becoming an increasingly serious problem. Forward look: FirstSun said its second-quarter charge-offs could reach $43 million, compared with less than $11 million for the three months ending March 31. Expert quote: “We treat everything we receive as…

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