Brazil's central bank cuts its key interest rate by 0.25 percentage points for the second consecutive meeting, despite accelerating inflation and signs of economic resilience.

Warsh nears Fed chair as colleagues resist rate cuts sought by Trump. Future Federal Reserve officials are moving away from supporting lower interest rates.

Kevin Warsh is moving closer to becoming chair of the Federal Reserve, while future colleagues are increasingly opposing the resumption of interest rate cuts that President Donald Trump is expecting.

Ford Motor expects to collect $1.3 billion in U.S. government refunds for tariffs previously imposed by the Trump administration.

Ford Motor Company announced it expects to receive $1.3 billion in U.S. government refunds following a determination regarding tariffs previously imposed by the Trump administration.

Qualcomm reports double beat, CEO says AI is reshaping roadmap. Data center details expected. Chipmaker beats Q2 estimates.

Qualcomm reported a double beat in Q2, with CEO Cristiano Amon stating that the AI opportunity is reshaping the company's roadmap and that data center details will be shared later.

Federal Reserve Chair Powell projects U.S. economic growth above 2% this year, citing resilient consumer spending and data center investment despite energy shocks from the Iran war.

Federal Reserve Chair Powell stated that the U.S. economy continues to expand at a solid pace despite energy shocks from the Iran war, projecting growth above 2% this year driven by consumer spending and data center investment.