TEHRAN (ANA)- Brazil's financial market reduced its inflation forecast for 2024 from 4.02 to 4 percent and raised the forecast for 2025 from 3.88 to 3.90 percent, the central bank said.

TEHRAN (ANA)- The Bank of Canada reduced its policy rate to 4.5 percent.

TEHRAN (ANA)- The U.S. gross domestic product (GDP) growth rate rose at an annual rate of 2.8 percent in the second quarter of this year, the U.S. Department of Commerce reported in an "advance" estimate.

TEHRAN (ANA)- Brazil's revenue collection hit a record high of 1.289 trillion reals (228.57 billion U.S. dollars) in the first half of the year, up by 9 percent year on year, the Federal Revenue service said in its latest report.

TEHRAN (ANA)- Argentina will stop expanding its monetary base to reduce inflation in the country, Argentine Economy Minister Luis Caputo said.

TEHRAN (ANA)- Mexico saw a trade deficit of almost $1.04 billion in June, according to the country's statistical authority data.

TEHRAN (ANA)- Venezuela in June registered its highest crude oil production so far this year, according to a monthly report by the Organization of Petroleum Exporting Countries (OPEC).

TEHRAN (ANA)- US consumer sentiment in July stood at its lowest level in eight months, according to the final results from the University of Michigan's consumer survey released.

TEHRAN (ANA)- Canada recorded a budget deficit of $3.9 billion in the April-May period of this year, marking the first two months of its 2024-25 fiscal year, the Department of Finance said.

TEHRAN (ANA)- The once-booming solar industry in the United States is now grappling with an unprecedented wave of bankruptcies and financial distress as companies large and small struggle to weather a perfect storm of economic headwinds, policy changes, and market challenges.