U S Economy Posts 2.8% Q2 Growth Amid Higher Rates
The Commerce Department reports a 2.8 percent annualized GDP gain in Q2, aided by consumer spending and business investment, surpassing economist expectations. Housing sales fall 5.4 percent to 3.89 million annual rate as mortgage costs stay high, while prices set a record high with a 4.1 percent year over year rise to 426,900.
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CrowdStrike links global outage to update bug
CrowdStrike blames a bug in a content configuration update for its Falcon platform that sent problematic data to millions of Windows machines, triggering an unexpected exception and OS crashes. The firm outlined measures including staggered updates and better customer controls to prevent recurrence.
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IndustryRankings distributes money fund data provided by iMoneyNet Inc. The update covers fund rankings and performance metrics used by investors to evaluate short term fixed income options. This notice summarizes the data provider relationship and scope.
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