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JACKPOT INCREASE: $1 BILLION Powerball jackpot for tomorrow night!  Powerball Powerball jackpot skyrockets to an estimated $1 billion for Saturday’s drawing  New York Post Could the Powerball jackpot hit $1 billion? What to know about the next drawing  USA Today Two $200K Powerball tickets sold in Georgia; jackpot nears $1 billion  Atlanta News First Powerball jackpot hits $1 billion, largest prize of 2025! When …

The July PCE Inflation Data Are Out. What They Mean for Rates.  Barron’s Core inflation rose to 2.9% in July, highest since February  CNBC Americans kept spending last month despite elevated inflation  CNN PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates  The New York Times US consumer spending strong; core inflation warmer on services  Reuters Source link

Key Takeaways The July Personal Consumption Expenditures index showed that overall prices rose by 2.6% over the past year, meeting economists’ forecasts and matching the prior month’s results. The closely followed core PCE inflation reading ticked slightly higher from the prior month to 2.9%. Federal Reserve officials are closely monitoring inflation ahead of a possible interest rate cut next month. …

Greetings from Read Max HQ! In today’s edition, an examination of the “A.I. bubble,” various vibe shifts, and the long shadow cast by the crypto bubble over how we talk about it. A reminder: This newsletter is totally free to read, but it costs me hours of labor to produce: Reading, talking, writing, taking long walks, complaining to my wife, …

WASHINGTON (AP) — The Transportation Department on Friday canceled $679 million in federal funding for a dozen offshore wind projects, the latest attack by the Trump administration on the reeling U.S. offshore wind industry. Funding for projects in 11 states was rescinded, including $435 million for a floating wind farm in Northern California and $47 million to boost an offshore …

Eggs recalled after 100 people fall ill in 14 states  NewsNation Salmonella Outbreak Linked to Eggs Sickens 95 People  The New York Times Salmonella Outbreak Linked to Eggs  Centers for Disease Control and Prevention | CDC (.gov) Salmonella outbreak tied to recalled eggs has sickened 95 people since January  CNN More than 70 Californians sickened in salmonella outbreak tied to eggs recall  SFGATE Source link

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The Food and Drug Administration approved the next round of COVID-19 vaccines Wednesday, but imposed new restrictions on who’s eligible to get them. Scott Olson/Getty Images hide caption toggle caption Scott Olson/Getty Images This week, the Food and Drug Administration approved the next round of COVID-19 vaccines, with new restrictions. COVID vaccines had been available to anyone 6 months and …

Ssense Seeks Bankruptcy Protection as Luxury E-Commerce Falters  The New York Times Canadian luxury retailer SSENSE to file for bankruptcy protection  BBC Luxury Fashion Seller Ssense to Seek Protection After Clash With Creditors  Bloomberg.com Ssense files for bankruptcy protection under weight of tariffs  Vogue Business Ssense: What Went Wrong  The Business of Fashion Source link

A delayed advisory panel meeting and shifting vaccine policies under Health Secretary Robert F. Kennedy Jr. are making it difficult for people to get updated Covid shots. The Centers for Disease Control and Prevention’s Advisory Committee on Immunization Practices must issue recommendations on who should get a Covid vaccine in order for pharmacists in certain states to administer the shots. …