Category: Markets

The Fed’s Beige Book says the 2026 World Cup boosted hotels and bar beer sales in host cities, but broader consumer spending slowed amid higher costs and fewer visitors.

Trump says Iran seeks talks as CENTCOM launches a second wave of strikes near the Strait of Hormuz; analysts warn the conflict could become prolonged and disrupt energy markets.

The Fed’s Beige Book finds the 2026 World Cup boosted hotel and bar sales in host cities but broader consumer spending slowed as visitors and locals cut discretionary outlays.

United Airlines (UAL) beat Q2 EPS estimates but warned nearly $6B in added 2026 fuel costs amid U.S.-Iran tensions, updating guidance and possibly cutting capacity.