US economy: Fed’s inflation gauge steady at 2.6% in July; core prices edge higher to 2.9%

The Federal Reserve’s preferred inflation gauge held steady in July even as President Donald Trump’s sweeping tariffs added pressure on the economy, but a key measure of underlying prices climbed to the highest level in five months.The Commerce Department on Friday said overall prices rose 2.6% in July from a year earlier, unchanged from June,…

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CAFA Nations Cup: Gurpreet Singh Sandhu, defenders shine; India beat higher-ranked Tajikistan 2-1 | Football News

India vs Tajikistan (@IndianFootball on X) India secured a 2-1 victory over Tajikistan in their opening match of the CAFA Nations Cup football tournament in Hisor on Friday. Goalkeeper Gurpreet Singh Sandhu delivered an outstanding performance with multiple crucial saves, including a penalty save.India, ranked 133rd in the world, took an early lead through defender…

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Canada GDP contracts 1.6% in Q2, US tariffs weigh on exports, first decline in seven quarters

Canada’s economy shrank at an annualised pace of 1.6% in the second quarter as exports took a hit from tariffs imposed by US President Donald Trump, Statistics Canada said on Friday. This marked the country’s first GDP contraction in seven quarters.The agency also revised down its first-quarter growth estimate from 2.2% to 2.0%, underscoring the…

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