Fed Chair Kevin Warsh set an ambitious 9–12 month timetable to begin using new technologies that provide synchronous, real-time measures of the real economy, reducing reliance on lagging, potentially biased government survey data. Warsh said this shift would allow the Fed to make more informed policy decisions rather than depending solely on government statistics whose surveys and methodologies may no longer be fit for purpose.

U.S. EIA heating oil inventories fell 310,000 barrels in the week to June 26, versus a 722,000-barrel build in the prior week.

AMD announced the Versal Premium Gen2 MoP adaptive SoC, its first Versal product to use a package‑integrated memory architecture. The device integrates up to 32GB of LPDDR5X across up to four die, rated to 9,000 MT/s and delivering up to 288GB/s bandwidth. AMD says the MoP design reduces board area versus discrete LPDDR5X by more than 60%, provides up to 10x compute improvement and supports a product lifecycle exceeding 15 years.