Tag Archives: higher

Fed’s go-to inflation gauge creeps higher as trade war ramps up  Axios 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

Higher Prices Are Coming for Household Staples – WSJ  The Wall Street Journal ‘Sneakflation’: How Trump’s tariffs are gradually raising costs for American consumers  CNN Stanford Economists: Trump’s New Tariff Rules Will Fuel Inflation  Time Magazine Investors are ignoring the coming wave of tariff-driven inflation, Deutsche Bank warns  Fortune Have the Liberation Day tariffs raised prices in the Western US?  The Nevada Independent Source link

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased. Prices rose 2.6% in July compared with a year ago, the Commerce Department said Friday, the same annual increase as in June. Excluding the volatile food and energy categories, prices rose 2.9% from …

Gov. Jared Polis said Thursday he will reverse the state’s plans to increase reimbursement rates for health care providers who see Medicaid recipients to help address a roughly $750 million hole in the state budget caused by the Republican federal tax and spending bill.  That will save the state about $38 million by forgoing a planned 1.6% rate hike. That’s the …

AT&T Can Provide a Dividend—and a Higher Stock Price, Too  Barron’s EchoStar to sell wireless spectrum licenses to AT&T in $23 billion deal  Reuters AT&T: Spectrum Nightmare Returns (NYSE:T)  Seeking Alpha Exclusive / Musk’s Starlink, T-Mobile eye EchoStar’s spectrum after AT&T deal  Semafor Is AT&T/EchoStar a competitive pitfall for cable?  Fierce Network Source link

Snowflake Stock Jumps as Earnings Beat Estimates. The ‘Enormous Opportunity’ Sending Shares Higher.  Barron’s Cloud analytics firm Snowflake lifts annual product revenue forecast; shares jump 13%  Yahoo Finance Snowflake wows investors with AI momentum, and the stock rallies after earnings beat  MarketWatch Snowflake Gives Strong Outlook, Wiping Out Software Malaise Fear  Bloomberg.com Snowflake Shares Jump as AI Helps Boost Sales in Q2  The Information Source …

Key Takeaways Cracker Barrel Old Country Store went back to itsold logo after angry customer reaction, and shares bounced back in premarket trading. The throwback restaurant chain tried a more modern design for its logo. President Donald Trump was among those who blasted Cracker Barrel for the move. Shares of Cracker Barrel Old Country Store (CBRL) jumped 4% in premarket …

Asia stocks edge higher as tech meanders on Nvidia; Hong Kong hit by soft earnings  Investing.com Europe markets set to open higher as investors assess Nvidia results  CNBC Asia markets rocky as Nvidia drops, China chipmakers blast off  Reuters Asia markets waver, Nvidia drops after earnings beat  Yahoo Finance Asian shares are mixed after US stocks creep higher ahead of Nvidia earnings report  WWLP Source …

People who start smoking cannabis to alleviate pain, anxiety or depression are at a higher risk of developing paranoia than those who use the drug recreationally, a study has found. The research analysed answers from 3,389 former and current cannabis users aged over 18, who had no clinical history of psychosis and had taken part in the Cannabis&Me survey. Published …

Stocks inch higher as investors await Nvidia; dollar recovers  ReutersView Full Coverage on Google News Source link