Reuters

The U.S. economy accelerated in the second quarter as consumers ramped up spending and businesses invested more on equipment, but persistent sluggish wage gains cast a dark shadow over the growth outlook.

Japanese household spending hit its highest for two years in June as unemployment fell and job availability reached a 43-year peak.

The dollar dipped against its major peers on Friday, its mild bounce earlier petering out ahead of the second quarter U.S. economic growth data due later in the session.

Asian stock markets sagged on Friday after U.S. tech shares retreated from recent rallies.

The U.S. dollar rallied on Thursday after solid U.S. economic data, bouncing back from months- and years-long lows plumbed in early trading that followed Wednesday’s Federal Reserve policy statement.

The rosy scene in financial markets might allow U.S. policy-makers to squeeze in another rate hike this year after all.

The U.S. dollar rallied against the euro and yen on Thursday after solid U.S. economic data, bouncing back from lows plumbed after Wednesday’s Federal Reserve monetary policy statement.

Talks between Britain and the European Union on their future relationship are now less likely to start in October.

U.S. stocks added to their record levels at the open on Thursday, driven by gains in Facebook and Verizon.

New orders for key U.S.-made capital goods unexpectedly fell in June, but a fifth straight monthly increase in shipments suggested that business spending on equipment supported economic growth in the second quarter.