China’s youth jobless rate hits 11-month high in July

Falling energy prices drove down inflation in June, offering Federal Reserve’s policymakers and would-be homebuyers a welcome reprieve after May’s dramatic surge. Beating economists’ expectations, overall prices increased by 3.5% in the 12 months through June, retreating from the previous month’s three-year-high of 4.2%, according to the U.S. Labor Department’s Consumer Price Index (CPI) data released Tuesday. Total…

(Bloomberg) — Goldman Sachs Group Inc. and T. Rowe Price Group Inc. are launching their first interval fund for the masses as Wall Street races to bring private investments to Main Street. The T. Rowe Price Goldman Sachs Private Markets Fund, which will invest across four alternative asset classes, will be open to all, with…

Statistical Notice 2026/06 Overview The Bank of England will be updating the Form PL (Profit and Loss) definitions to improve consistency and alignment with the ONS UK National Accounts requirements. Form PL collects data on reporting institutions’ income and expenditure and is a key input into the compilation of the UK National Accounts and Balance of Payments….

Tom Lee of Fundstrat says he’s buying the dip, and not scared off by Samsung’s losses

Temenos has completed its purchase of AI-enabled wealth orchestration platform additiv.   The transaction was announced in June 2026, when it was said that the consideration for 100% of additive is equally split between cash and equity.  Like Temenos, additive is also headquartered in Switzerland.  Additiv develops technology used by banks and wealth managers to create and roll out wealth offerings across the customer journey.   Its platform is used by financial…