Fed Chair Kevin Warsh pledges communications overhaul in first major policy signal

New Zealand home values fall for longest stretch in decades as July prices drop 0.3% and median hits NZ$804,303, Cotality says

New Zealand's housing market is in its longest and deepest downturn in at least 30 to 40 years, according to property data firm Cotality, with national property values falling 0.3 percent in July to a national median of NZ$804,303.

Ukraine's 2026 expenditures will total $176.8 billion, $60 billion more than planned, per TASS calculations from National Bank of Ukraine data.

Ukraine's total expenditures in 2026 will amount to $176.8 billion, which is $60 billion more than planned, according to TASS calculations based on data from the National Bank of Ukraine.

Philippine central bank projects July inflation at 5.6–6.6%, a slowdown from the three-year high of 7.2% recorded in April. Officials cite elevated fuel pump prices, higher electricity rates, rising fish costs and a weaker peso as key upside pressures. (Manila)

The Central Bank of the Philippines projects that July inflation could settle within 5.6 to 6.6 percent, according to local media reports on Saturday. The bank noted consumer price growth has slowed over the past two months after surging to a three-year high of 7.2 percent in April, attributing upside pressures to elevated domestic petroleum pump prices, higher electricity rates, rising fish prices, and a weaker peso.

Wall Street closes higher as tech earnings ease AI investment concerns; Nasdaq up 1%, Dow gains 277 points

Wall Street closed higher as strong earnings from major tech firms eased AI investment concerns, with the Nasdaq rising 1% and the Dow Jones gaining nearly 277 points.