WASHINGTON (AP) — U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs up and that higher prices for consumers may be on the way. The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers— rose 0.9% last month from June, biggest jump …
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Dirty habit followed by 18 million Americans linked to alarming surge of schizophrenia
The 18 million Americans who use cannabis daily have drastically increased their odds of developing schizophrenia, a serious mental disorder that can lead to death. The grim findings come from a new report by the Canadian Medical Association Journal which revealed that patients needing hospitalization because of cannabis-related health problems were 14 times more likely to develop schizophrenia within three years. These symptoms …
Read More »Port of Los Angeles broke a century-old record as tariff threats triggered import surge
A U.S. flag flutters near a ship as it’s containers are unloaded at the Port of Los Angeles, in San Pedro, California, U.S., May 1, 2025. Mike Blake | Reuters The July container volumes for the Port of Los Angeles tell the tale of the Trump tariff impacts. The front-loading of Chinese goods ahead of the tariff deadline pushed container …
Read More »U.S. deficit grows to $291 billion in July despite tariff revenue surge
The statue of former Treasury Secretary Albert Gallatin stands in front of the north wing of the U.S. Treasury Department headquarters building on April 24, 2025, in Washington, DC, U.S. J. David Ake | Getty Images News | Getty Images The U.S. government’s budget deficit grew nearly 20% in July to $291 billion despite a nearly $21 billion jump in customs duty collections from …
Read More »ETH, ADA, XRP Surge in U.S. Tuesday Trade
Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis point rate cut at its upcoming September meeting. “The real thing now to think about is should we get a 50 basis-point rate cut in September,” Bessent told Fox News. Bessent added that the Fed …
Read More »S&P 500, Nasdaq Close at Record Highs as Stocks Surge After CPI Report Boosts Rate-Cut Hopes
Biggest S&P 500 Movers on Tuesday 1 hr 17 min ago Advancers Spirit Aviation Holdings (FLYY) warned it may be unable to continue operations, citing an insufficient cash supply and difficulties in navigating operational challenges. Shares of the low-cost airline, which emerged from bankruptcy in March, plunged more than 40%, while shares of rival carriers rose. United Airlines (UAL) shares logged …
Read More »US deficit grows to $291 billion in July despite tariff revenue surge – Reuters
US deficit grows to $291 billion in July despite tariff revenue surge ReutersView Full Coverage on Google News Source link
Read More »US, China extend tariff truce by 90 days, staving off surge in duties – Reuters
US, China extend tariff truce by 90 days, staving off surge in duties Reuters US and China agree to critical extension, preventing tariff surge on the world’s two largest economies CNN Trump extends China tariff deadline by 90 days CNBC Fact Sheet: President Donald J. Trump Continues the Suspension of the Heightened Tariffs on China The White House (.gov) Trump Extends China Tariff Truce The …
Read More »US, China extend tariff truce by 90 days, staving off surge in duties – Reuters
US, China extend tariff truce by 90 days, staving off surge in duties Reuters US and China agree to critical extension, preventing tariff surge on the world’s two largest economies CNN CNBC Daily Open: Investors seem conditioned to expect Trump reversals CNBC Trump admin live updates: Trump signs 90-day extension for trade truce with China ABC News Fact Sheet: President Donald J. Trump Continues …
Read More »Colbert’s Ratings Surge Continues, Beats Fallon and Kimmel Combined
Stephen Colbert’s interview with Kamala Harris on Thursday July 31, 2025 was his highest eated episode of the week. (Photo: Scott Kowalchyk/CBS) First on LateNighter: Stephen Colbert’s Late Show continued to post near-record numbers in his second full week of shows since CBS announced the show’s cancellation. According to Nielsen Live+3 data, Colbert averaged a 12.51% weekly share among total …
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