Category: Markets

The Fed’s Beige Book: World Cup boosted hotels, bars and tourism in host cities, but higher oil prices and fewer cross‑border visitors capped broader consumer spending.

United Airlines beat Q2 EPS estimates but warned surging jet fuel could add nearly $6B to 2026 costs, trimming Q3 guidance and prompting capacity review.

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.