July’s inflation report went about as well as the Fed (and the White House) could have hoped for. The Consumer Price Index (CPI) summary released Tuesday reported inflation notched up 0.2% in July, that’s down compared with the 0.3% increase in June. Over the past 12 months, this brings the headline inflation rate to 2.7%—admittedly still comfortably ahead of the …
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Bessent Hints Fed Should Be Open to a Half-Point Rate Cut – Bloomberg.com
Bessent Hints Fed Should Be Open to a Half-Point Rate Cut Bloomberg.com Trump says the Fed should cut interest rates. Bessent says this is by how much. MarketWatch Crypto Price News: ETH, ADA, XRP Surge in U.S. Tuesday Trade CoinDesk Scaramucci: 50-basis-point cut from Fed possible next month The Hill Bessent says the Federal Reserve should think about a 0.5% interest rate cut in …
Read More »Stocks rally, oil prices drop after modest US inflation data solidifies Fed rate cut expectations – Reuters
Stocks rally, oil prices drop after modest US inflation data solidifies Fed rate cut expectations Reuters Stock market today: S&P 500, Nasdaq pace for record closes as Fed rate cut bets jump after CPI inflation report Yahoo Finance Stock Market News Today: Dow Rises After CPI Report Shows Inflation Steady — Live Updates The Wall Street Journal Wall Street rises toward records on …
Read More »In the time of tariffs, Nvidia and AMD cut unusual deals with Trump | Nvidia
Hello, and welcome to TechScape. My Spotify playlists are undergoing a British invasion this week. Here’s what I’m listening to: PinkPantheress, Lola Young and Evita in London. Privileges with the president Donald Trump announced this week that two US chipmakers would tithe 15% of their revenue from sales in China to the US government. Paying for the license to sell …
Read More »July's Inflation Data Keeps September Rate Cut in Play – The Wall Street Journal
July’s Inflation Data Keeps September Rate Cut in Play The Wall Street Journal Dollar eases as US inflation data keeps September rate cut on table Reuters July CPI: What does the Fed do now? Yahoo Finance Bond Traders’ High Hopes for September Rate Cut Hinge on CPI Bloomberg.com Fed governor maintains outlook for three interest cuts in 2025 Fox Business Source link
Read More »Vegetarian and vegan diets ‘cut cancer risk by up to a quarter’ – The Times
Vegetarian and vegan diets ‘cut cancer risk by up to a quarter’ The Times Ditch meat, cut cancer? Study links vegan diet to 24% lower risk The Economic Times Source link
Read More »9 heart-healthy foods that cut attack and stroke risk – Times of India
9 heart-healthy foods that cut attack and stroke risk Times of India Buy These 3 Foods Every Week To Improve Circulation parade.com Source link
Read More »U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China – The New York Times
U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China The New York Times Nvidia and AMD to pay 15% of China chip sale revenues to US government Financial Times Nvidia, AMD exports to China will reportedly face 15% fee Axios Nvidia, AMD Agree to Pay US 15% of China Chip Sale Revenue Bloomberg.com Nvidia and AMD to pay 15% …
Read More »Restaurants are under threat as costs skyrocket and consumers cut back
Facebook Tweet Email Link Ike’s Chili in Tulsa, Oklahoma, has been around for 117 years, surviving a myriad of challenges like the Great Depression, the Covid-19 pandemic and a once-in-a-generation burst of inflation. But 2025 already holds an even more complicated challenge. “The cost of everything’s just going up, and we’ve got to figure out how to manage it right,” …
Read More »Bank of America sees stagflation, not recession—and no rate cut this year. It’s because of 2 specific Trump policies
Bank of America Research economists remain convinced that the Federal Reserve will not cut interest rates in 2025, despite a recent wave of disappointing jobs data fueling market speculation of an imminent policy shift. The reason, according to a new research note: The U.S. economy is headed toward a battle with stagflation—not recession—and cutting rates could worsen that toxic mix of …
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