Wholesale inflation flattens out in July and price pressure ease
Wholesale prices were flat in July and inflation pressures in the guts of the economy also eased, adding to recent evidence of a slowdown in the rising cost of living.
Wholesale prices were flat in July and inflation pressures in the guts of the economy also eased, adding to recent evidence of a slowdown in the rising cost of living.
Apollo Global Management reported record fee income from its asset management and insurance operations in Q2, although a slower pace of private equity exits weighed on investment gains as challenging market conditions continued to limit asset sales, according to a report by Reuters. The alternative asset manager posted adjusted net income of $2.11 per share,…
The U.S. Strategic Petroleum Reserve is under strain as massive stockpile releases in response to wars in the Middle East and Europe have stressed old infrastructure in need of repair. The SPR this week fell to its lowest level since March 1983 after the U.S. withdrew 352 million barrels of crude oil in four years…
EAST RUTHERFORD, NEW JERSEY – JULY 19: RM, Jin, Suga, J-Hope, Jimin, V and Jung Kook of BTS perform during the Topps Final Halftime Show in the FIFA World Cup 2026 Final match between Spain and Argentina at New York New Jersey Stadium on July 19, 2026 in East Rutherford, New Jersey. (Photo by Carl…
An 18% revenue surge and blowout 2027 forecast weren’t enough to sustain Cisco’s stock momentum.
As the Trump administration continues to purge hundreds of thousands of workers from the country, Americans aren’t simply taking their places. Instead, their jobs appear to be disappearing with them. The economy lost 23,000 jobs last month, yet the unemployment rate went down as the workforce shrank. America’s emerging deportation economy may account for the…
In this video, I will cover the recent sell-off in AI stocks and explain why the market’s reaction doesn’t align with the underlying fundamentals. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of July. 28, 2026. The video was…