Cardinal Health, Madison Square Garden, and Applied Materials are also among companies reporting earnings. And we’ll see several data sets on inflation this week.
3 minute read
Tuesday’s consumer price index reading for July could add more fuel to the recent stock rally.
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Health insurers are requesting the largest monthly premium increases in more than five years
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James Bullard, a former St. Louis Fed president, and economic consultant Marc Sumerlin are in the running to succeed Jerome Powell.
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The tax agency had ramped up scrutiny of high earners in the past two years. Now, budget cuts are leaving fewer staffers to do the work.
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Beijing’s child-care subsidies could give a boost to providers of early‑education and maternal health.
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If courts rule against the levies, international trade lawyers expect a messy period of red tape as refunds are processed and the administration scrambles to impose tariffs through other avenues.
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The median security expenditure for executives climbed to $106,500 in 2024 from $48,500 in 2020. The biggest risks are seen in the tech, communication services, healthcare, and energy sectors.
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A higher-than-expected inflation report could spark a selloff in Treasuries. Yet equity investors seem oblivious to the possibility of bad news.
4 minute read
The former Missouri Congress member has been in the job for less than two months and will now serve as the ambassador to Iceland.
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Gold futures for December delivery hit a record high of $3,534.20 per ounce in overnight trading.
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The Trump administration’s timeline would be aggressive.
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Questions about the veracity of government data have been on the rise. Older methods of the calculation of the consumer price index may present a truer picture of price growth.
Long Read
Is Wall Street too sanguine about the near-term outlook? There are still too many reasons to be bullish about this market.
3 minute read
Regulators can fine banks that they identify as having engaged in “politicized or unlawful debanking” against customers based on political or ideological beliefs, according to the order.
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The long-awaited tech tariffs finally arrived this past week. In a clear sign of the times, the market still rallied.
Long Read
An auction of government bonds that expires in three decades saw weak demand on Thursday, in an ominous sign for the Treasury market.
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AI could be playing a role in hiring decisions at companies leading the charge in implementing this technological advance, but it accounts for only a small portion of the labor force.
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The statements by Chris Wright come amid heightened concerns about the integrity of government data
3 minute read
What to know about Trump’s pick for the vacant Fed governor seat, this is at risk as crypto bursts into the mainstream, and more news to start your day.
Long Read