Dow Jones Top Markets Headlines at 1 PM ET: Warsh Says the Fed May Not Be Done Fighting Inflation | The ...

Warsh Says the Fed May Not Be Done Fighting Inflation

"I would be hard-pressed to describe broad financial conditions as restrictive," the Fed chair said in his debut speech.

----

The U.S. Created 79,000 Fewer Jobs Than Previously Reported, New Revisions Suggest

The revised numbers show a slightly weaker labor picture than previously reported for the year that ended in March.

----

Consumer Sentiment Was Weaker in August, per Michigan Survey

The survey's sentiment index fell to 51.7 in August, lower than 55.2 in July. Economists polled by The Wall Street Journal were expecting a reading of 51.

----

Short-Term Treasury Yields Rise as Warsh Targets Inflation in Jackson Hole Speech

U.S. 2-year Treasury yields moved higher after Fed Chairman Kevin Warsh signaled that the central bank may not be done fighting inflation. Longer-term U.S. bond yields largely held steady.

----

Japan Spent Record $98.7 Billion to Prop Up Yen in Joint Move With U.S.

Data released by the Japanese government confirmed for the first time the historic scale of the operation that was backed by Treasury Secretary Scott Bessent.

----

Stocks Higher After Comments From Fed Chairman Warsh

U.S. stocks were mixed after Fed Chairman Kevin Warsh signaled the central bank may not be done fighting inflation.

----

Canada's Economy Grows Strongly, Though Tariff Uncertainty Casts Shadow

Gross domestic product increased at an annualized rate of 3.3% in the April-to-June period to 2.524 trillion Canadian dollars, the equivalent of US$1.822 trillion, Statistics Canada said. That marks the strongest expansion in more than three years.

----

Blue-Collar Jobs Are Becoming New Flashpoint in Data-Center Fight

Trade unions threaten to withhold support for politicians, joining the popular backlash against the construction.

----

Eurozone Businesses More Upbeat Despite Prolonged War in Middle East

Businesses and consumers felt more positive about their prospects in August, a boost for demand in the face of persistent uncertainty about the duration and intensity of the Iran war.

----

How the AI Investment Craze Is Keeping the Global Economy Afloat

Growth is holding up despite renewed tensions over trade, geopolitics and bond markets, though the AI boom's outsize role is a growing concern.

----

U.K. Business Confidence Jumps Despite Lingering Energy Shock

Oil and gas prices remained elevated amid uncertainty over the Middle East conflict, but firms appear increasingly confident that strong consumer demand and a resilient economy can offset the pressure.

----

Timber Was Gold in the South-Until a Market Collapse Crushed the Forest Economy

The region has borne the brunt of a historic run of pulp and paper-mill closures. It's the biggest threat to the rural economy since the fall of King Cotton.

(END) Dow Jones Newswires

August 28, 2026 13:00 ET (17:00 GMT)