Good evening and welcome to Markets Desk.
Global carbon dioxide equivalent emissions hit a new record in two thousand twenty-five, with United States output rebounding even as China's growth slowed and clean power capacity surged worldwide. The data underscores how structural demand for energy continues to outpace the transition, keeping climate pressure on policymakers and energy markets alike.
Shifting to chips, Intel stock surged last month on reports of a potential foundry agreement with Apple, a deal that would inject badly needed revenue into Intel's manufacturing operations. Under CEO Tan, the company has made meaningful progress on process technology, and analysts are now debating whether that momentum can compound over a five-year horizon into a genuine turnaround story.
And on the consumer side, small business owners across American tourist destinations are reporting a notable pullback in spending this summer. Higher airfares and gasoline prices are pushing travelers toward road trips, day excursions, and home cooking over restaurants, a pattern that signals real pressure on discretionary spending even as headline employment numbers remain firm.
That's the tape. Markets Desk, signing off the floor.
