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On a three-month annualized basis, the core PCE price index advanced 1.7%, the slowest this year, reinforcing the wisdom of Fed interest rate cuts next month.

"As the largest employer in the world, Amazon makes clear that it does not believe the law applies to it."

This is an upward revision, reflecting stronger consumer spending on goods and services—particularly in healthcare, housing and utilities, and recreation.

If officials could know with confidence where the neutral rate of interest lay, they could just move there and declare victory. But it's not that simple.

The Conference Board's gauge of consumer sentiment hit a six-month high in August.

Some analysts expect the yuan to appreciate by 5% to 10% as a result.

The Netherlands' privacy watchdog says the ride-hailing giant sent European drivers' personal data to its San Francisco headquarters without putting in place a proper legal transfer mechanism.

The value of core capital goods orders, a proxy for investment in equipment that excludes aircraft and military hardware, decreased 0.1% last month.