
U.S. Economy Shows Another Decline, Fanning Recession Fears
Gross domestic product, in an initial reading, fell 0.2 percent in the second quarter. President Biden said any troubles would be transitory.

Gross domestic product, in an initial reading, fell 0.2 percent in the second quarter. President Biden said any troubles would be transitory.
The economy expanded very modestly in the second quarter, economists estimate, as the housing market sagged under higher mortgage rates and consumers coped with soaring inflation.64 min read
Take an early look at the front page of The Wall Street Journal http://wsj.com

Federal prosecutors sought information about the former president’s role in the efforts to overturn the election as the inquiry accelerates.
After Wednesday’s policy meeting, which is expected to result in 0.75-percentage-point rate increase, attention is likely to turn to how the central bank signals its course of action for September and beyond.5 min read
The investigation by Senate Republicans found that the decadelong effort included threatening to imprison a Fed economist during a trip to Shanghai unless he agreed to provide nonpublic economic data.

The Aug. 2 ballot question will decide whether the State Constitution will allow legislators to ban or further restrict the procedure.

Eighteen months into a criminal investigation of election interference by Donald J. Trump and his allies, a Georgia prosecutor is beginning to show the broad contours of her inquiry.
Falling commodity prices, bond yields and inflation expectations fuel optimism on price pressures.
Companies from Coca-Cola to McDonald’s will share insights on inflation, supply chain and consumers

The House panel painted a detailed picture of how, as officials rushed to respond to an attack on the United States government, the commander in chief chose for hours to do nothing.
The restart of the pipeline buys time for governments to decouple from the Kremlin’s exports amid what they expect will be an increasingly unreliable supply of energy.177 min read
The prime minister’s announcement came a day after three large parties in his national unity coalition government didn’t back the prime minister in a Senate confidence vote.1 min read
Take an early look at the front page of The Wall Street Journal http://wsj.com
Russian President Vladimir Putin also warned that flows via the Nord Stream pipeline could be curbed soon if sanctions prevent additional maintenance on its components.