Stock Market News
Why the U.S. Government Is Behind This Satellite Stock's Fall to Earth
York Space Systems stock sinks after the satellite technology company slashed full-year revenue guidance on changes to how the government is awarding contracts.
Odds of a Fed Rate Hike May Rise, Emanuel Says
Julian Emanuel, Evercore ISI chief equity & quantitative strategist, says the odds of a Federal Reserve interest rate hike may keep rising ahead of the next decision that comes in September. Emanuel s...
Retail Sales Fell Last Month
Retailers' sales fell by 0.6% last month to $763.6 billion, versus the 0.2% growth recorded in June.
Retail sales slump in July. Cheaper gas and Amazon-Prime hangover are the chief culprits.
Sales at U.S. retailers fell in July for the first time in 14 months, but not because the economy sputtered. Americans spent less at gas stations because of cheaper fuel and they bought less online af...
Futures Trade Mixed after the S&P 500 Tops 7,800 for the First Time
U.S. stock futures trended mixed on Friday morning after the S&P 500 Index (SPX) hit a record high yesterday. The benchmark crossed the 7,800 level for the first time on Thursday,…
US long-term borrowing costs rise to 25-year high, as inflation fears hit bond sale – business live
Rolling coverage of the latest and economic news, as US sells 30-year bonds at highest borrowing costs since 2001
U.S. national debt about to reach bleak $40 trillion milestone — and it's likely hit $50 trillion soon
Bank of America's chief equity strategist Michael Hartnett, expects that debt milestone will be reached by 2029. That's creating some preferences for stocks over bonds.
Wall Street's Fear Gauge Goes Silent. It's Worth Listening To.
Market volatility readings are in deep retreat. That could be a concern.
Investors should diversify equity exposure beyond AI trade, says Schroders' Adam Farstrup
Adam Farstrup, Schroders head of multi-asset for the Americas, joins 'Squawk Box' to discuss the latest market trends, state of the AI boom, how to diversify from the AI trade, and more.
A Big Inflation Risk Still Looms for Stock Markets
Applied Materials forecast fails to dazzle, White House to crack down on tariff evasion, the shipping world is in chaos, and more news to start your day.
Rates are at multiyear highs, yet stocks hit fresh records. Here's how long the defiance may last.
The relationship between bond yields and equities has turned negative again, says LPL Financial
Companies Have Rarely Had Such Great Expectations
A rate rise next month looks increasingly unlikely, and that's boosting stocks. Data this week on consumer and producer prices have shifted bets in the Fed Funds futures market, which now suggest a ne...
A new report led by White House trade adviser Peter Navarro estimates illegal transshipment has cost the U.S. around $19 billion to $26 billion in annual tariff revenue
A new report estimates illegal transshipment has cost the U.S. an estimated $19 billion to $26 billion in annual tariff revenue.
Stock Market News Today, 8/14/26 – Futures Mixed after S&P 500 Hits Record High
U.S. stock futures traded mixed ahead of Friday’s session after the S&P 500 hit a record high of 7,816.70 on Thursday. July’s Producer Price Index (PPI) remained unchanged from June,…
We've entered the AI monetization phase, says Dan Ives
Dan Ives, partner and senior managing director at Yorkville Ives, tells CNBC that the latest tech earnings show artificial intelligence is entering its monetization phase, as hyperscalers and frontier...
The $121 Billion in One-Time Gains Boosting Big Tech's Profits
Gains on investments in companies like Anthropic are inflating earnings at some of the biggest technology companies.
Treasury yields rise as U.S. threatens Iran with more economic sanctions
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose 2 basis points to 4.661%.
Stock Market Today: S&P Futures Steady After Record Close
The S&P 500 is on track to end the week close to a record high after a boost from slowing inflation and some AI-related stocks.
U.S. inflation continues to cool
U.S. inflation concerns ease with producer prices coming in unchanged for July, cutting the odds for a September Fed hike. South Korea's KOSPI surges further following last month's sell-off.
Asian refiners buy more US crude as Hormuz remains blocked, traders say
At least four Asian refiners bought U.S. crude this week, as the Strait of Hormuz remained effectively closed and refiners sought alternative supplies for delivery later this year, traders said.
Summer Markets Make Stocks Happy: 3-Minutes MLIV
Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
China-U.S. divide evolves: Expert warns full ban on Chinese AI models could cross Beijing's red line
George Chen of the Asia Group said while the U.S.-China competition has spurred AI innovation, both sides should pursue “co-opetition” by cooperating on critical issues such as AI safety. He also said...
Risks Swirl Amid Rising US Bond Yields: Market Snapshot
An auction of 10-year and 30-year US treasuries lured decent appetite from investors demanding more compensation to finance the US government. The sales followed a subdued core inflation print, easing...
Is the K-Shaped Economy a Thing Anymore?
The gap between the rich and everyone else, it seems, has narrowed.
Bonds Got Scorched This Summer. 3 Things That Could Make Fall More Miserable.
Treasuries have been in a funk since June. If the selloff doesn't stop, things could really go off the rails for stocks, the midterm elections, and the Fed.
Stock Futures Steady after S&P 500’s Record Gain
U.S. stock futures traded near the flatline ahead of Friday’s session after the S&P 500 hit a record high of 7,816.70 on Thursday. The July Producer Price Index (PPI) was…
The Bulls and Bears Are at Each Other's Throats. Why the Bulls Have an Advantage.
Both the yeas and the nays agree that earnings growth has been stellar. But what underpins that strength is a matter of debate.
Trump Announces Drone Tariffs to Protect National Security, Bolster U.S. Supply Chains
The White House said the drone tariff program will protect the security of the U.S. and its defense and defense-adjacent industrial base.
White House says transshipped goods cost $19 billion to $26 billion in lost tariffs
The White House on Thursday said in a report the U.S. is losing some $19 billion to $26 billion in annual tariff revenue to goods, largely from China, that are transshipped through third countries t...
Thursday's "Everything Rally:" Tech's New Strength Bolsters Stock Market
@MoneyFlowsCom's Alec Young breaks down Thursday's "everything rally," highlighting the expanding breadth of the market as technology, cyclicals and rate-sensitive sectors push stocks to new highs. He...
U.S. Stock Futures Hold Steady After a Strong Session
U.S. stock futures were steady Thursday evening after a strong trading session, with the S&P 500 Index and the Nasdaq Composite on track for a third straight weekly gain. Futures…
Cramer says investors shouldn't let past market crashes scare them out of today's winners
CNBC's Jim Cramer warned investors against relying too heavily on historical comparisons, arguing that doing so can cause them to miss what has fundamentally changed. He pointed to Nvidia, Cisco, and ...
Markets are looking eerily calm as investors chase FOMO rally
By nearly every headline measure, investors have never looked more relaxed in a year not short of wild rides. But that calm may not be as reassuring as it looks.
Jeremy Siegel: If oil stays near $80 there's no way the Fed raises rates in September
Jeremy Siegel, WisdomTree chief economist, joins 'Closing Bell' to discuss the recent earnings momentum, if investors are too bullish and much more.
Market fundamentals still matter, even if everyone is watching earnings, says BlackRock's Mike Pyle
Mike Pyle, BlackRock, joins 'Closing Bell Overtime' to talk the day's market action.
Kudlow: The inflationistas are proven wrong — again
FOX Business host Larry Kudlow says recent data shows disinflation setting in on ‘Kudlow.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #kudlow #larrykudlow #inflation #disinfl...
Cool Inflation Data Propels Stocks to Fresh Records
Wall Street now expects the Federal Reserve to hold rates steady next month.
US court backs Trump's power to close 'de minimis' tariff exemption
The U.S. Court of International Trade on Thursday ruled in favor of President Donald Trump's 2025 decision to rescind a "de minimis" exemption for tariffs on some imports of less than $800, a rare wi...
Dow rises as S&P 500 closes at record high on softer inflation, tech gains
US stocks ended higher on Thursday, with the S&P 500 closing at a fresh record as easing inflation data, falling oil prices and continued strength in technology shares lifted investor sentiment. The S...
Stocks Hit New Highs on Inflation Relief
Another inflation reading came in cool. The producer-price index, which measures wholesale prices, was flat in July after falling by 0.1% in June. Analysts surveyed by The Wall Street Journal were exp...
These charts show why stocks keep rallying. Profit margins are the highest on record
S&P 500's net profit margin is running at 16.9%, on pace for the highest since FactSet began tracking the metric in 2009. At sector levels, margins have been improving across most of the market in com...
Stock Market Today: SPY Climbs to Record High as PPI Inflation Sends Rate Hike Odds Tumbling
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed higher on Thursday, with the former setting a new intraday all-time high. News That Moved the Stock…
S&P 500 Top Stock Gainers Today, 8/13/26
The S&P 500 (SPX) rallied to a new intraday record high on Thursday following a cooler-than-expected Producer Price Index (PPI) update. Let’s break down the sectors behind the performance. Today’s Top...
Trade court upholds Trump's closure of 'de minimis' loophole
A federal trade court upheld President Donald Trump's elimination of the "de minimis" loophole, which allowed low-value goods to be imported to the U.S. tax free. Trump, a major proponent of tariffs a...
A Market Ahead of Its Economy
Key Takeaways The market is unusually disconnected from today's economy. The market is focused on the future of AI rather than the near-term economy.
Japan On Possible Yen Intervention Watch
Bloomberg's Anya Andrianova joins Emily Graffeo on "Real Yield." The yen remains within striking distance of a crucial level against the dollar, even after Prime Minister Sanae Takaichi's government w...
Why Are Gold and Silver Down Today, 8/13/26?
Both gold (XAUUSD) and silver (XAGUSD) are trading lower on Thursday, causing confusion from some investors given that a cooler-than-expected Producer Price Index (PPI) update sank rate hike odds even...
Inflation Holds Steady, Rate Hike Odds Retreat
For a market braced for an inflation surprise, July's CPI report provided none of the sort. Core CPI rose 0.2% and headline CPI increased 0.1%, both matching expectations.
U.S. Mortgage Rates Dip For First Time in Six Weeks
The 30-year fixed-rate mortgage (FRM) clocked in at 6.67%, down from 6.69% a week ago, Freddie Mac (FMCC) said on Thursday. This marks the first decline in six weeks. However,…
How the SEC Could Clear the Way for 24/7 Stock Trading
Crypto firms have already dabbled in tokenized stocks, though they're prevented from offering them to U.S. investors except in limited cases.
Mortgage rates fall for first time in 6 weeks
The average rate on a 30-year fixed mortgage fell this week to 6.67%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.69%.
Why September is the worst month of the year for the stock market
Investors need to be on their guard against the pumpkin-spice latte effect, which is about to rear its ugly head.
Dow Jones Today: DJIA Reverses Gains on Jobless Claims Growth as PPI Inflation Comes in Cool
The Dow Jones (DJIA) is trading slightly lower on Thursday after opening the trading session in the green. Initial jobless claims work the week ended August 8 were higher than…
Flock to Add Safeguards to AI Surveillance Tools After Backlash
The surveillance-technology company has faced criticism over the risks of police abuse of its AI-enabled camera system.
Rate Hikes "Won't Derail" Stock Market & Crypto's Midterm Elections Catalyst
PPI continued the trend CPI by signaling inflation is cooling. @CharlesSchwab's Kevin Gordon expects the Fed to hold interest rates in its next meeting with current data in mind.
Why Is the Stock Market Up Today, 8/13/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are rallying higher on Thursday, with the former climbing above 7,800 for the first time. Equities received a boost after…
Cleveland Fed President Says Central Bank Must ‘Act Now' to Bring Down Inflation
Cleveland Fed President Beth Hammack has called out the high level and persistence of inflation.
Dan Ives Talks New Moves in the AI Revolution
After leaving Wedbush, Dan Ives has launched a new merchant bank that he says will deliver the same research he's known for, but with people who want to innovate and grow in this "Fourth Industrial Re...
Fed’s Hammack Urges Officials to “Act Now” on Higher Rates
Cleveland Fed President Beth Hammack said Thursday that the central bank should raise interest rates in order to bring inflation down to the 2% range. “My view is that we…
Morning Call Sheet: AI price wars collide with cooling inflation
Steve Grasso, CEO of Grasso Global, Peter Tchir, Head of Macro Strategy at Academy Securities, and Jose Torres, Senior Economist at Interactive Brokers, discuss AI price wars, cooling inflation, Fed c...
S&P 500 Rallies as Rate Hike Odds Drift Lower
The S&P 500 (SPX) is trading higher on Thursday as rate hike expectations take another turn lower following new economic data. The Bureau of Labor Statistics (BLS) published July’s Producer Price Inde...
US PPI Cools More Than Expected, Easing Pressure on Fed
US wholesale inflation decelerated in July by more than estimated as energy and food costs fell, likely giving the Federal Reserve more time to assess price pressures at upcoming meetings. Initial job...
Dow opens higher as softer PPI and falling oil lift Wall Street mood
US stocks opened higher on Thursday as easing oil prices and softer-than-expected producer inflation boosted investor sentiment, strengthening expectations that the Federal Reserve will leave interest...
PPI Follows CPI Trend of Cooling Inflation: What Does it Mean for Fed?
More reprieve for investors worried about inflation hit the tape Thursday morning when PPI came in cooler than expected. Kevin Hincks takes a deep dive into the report and points to key metrics signal...
Dow Jones Climbs on Unexpected PPI Inflation Print
The Dow Jones (DJIA) opened Thursday in the green following an inflation update from the Bureau of Labor Statistics (BLS). In July, the Producer Price Index (PPI) was unchanged from the…
U.S. Enlists Private Sector in Cyber Battle
Good morning. Citing a growing threat posed by transnational criminal organizations, President Trump on Wednesday signed a memorandum that enlists the help of the private sector.
Fed should raise rates to restrain growth and inflation, Hammack says
Cleveland Federal Reserve Bank President Beth Hammack on Thursday reiterated her view that the U.S. central bank should raise rates immediately to bring down too-high inflation and restrain business...
Kaplan on Rate Hikes, Warsh at Jackson Hole
Former Dallas Fed President and Goldman Sachs Vice Chair Robert Kaplan says the Federal Reserve was right to hold rates in July. He also says Fed Chairman Kevin Warsh needs to give some more details a...
U.S. Jobless Claims Rose Again Last Week
The number of people who filed for unemployment benefits was 209,000 in the week through Aug. 8, higher than the 204,000 claims expected by economists.
5 Things to Know Before the Stock Market Opens on Thursday
Stock futures are slightly higher as investors await the release of more inflation data; the Producer Price Index report is expected to show that wholesale inflation picked up last month; Anthropic is...
U.S. Producer-Price Index Unchanged in July
The producer-price index was flat in July, after falling by 0.1% in June, as energy prices edged down, the Labor Department said.
Stock Futures Mixed as Traders Assess July PPI
U.S. stock futures traded mixed on Thursday morning as investors assessed July’s Producer Price Index (PPI) data. Wholesale prices were flat in July against economists’ expectations of a 0.2% increase...
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, below expectations for 0.2% increase
The producer price index was flat in July compared to expectations for a 0.2% increase. Core PPI rose 0.2%, below the 0.3% forecast. PPI measures wholesale inflation and was the latest measure to show...
China expert Gordon Chang predicts how war in East Asia could begin
Gordon Chang joins 'Mornings with Maria' to discuss China's military buildup, Russia's support, AI cyberattack threats to Taiwan, and the race for AI dominance involving NVIDIA and COMAC's challenge t...
The AI boom is not just driving stocks — it's also moving the foreign-exchange market
Interest-rate differentials, inflation trends and trade balances are usually thought of as drivers of foreign-exchange movement — but increasingly, the drivers in the currency market are companies loo...
Open USD & the Repricing of Stablecoin Economics
The consortium behind Open USD is not competing on demand. It is competing on who keeps the reserve income.
Navarro Says Countries Are Helping China Avoid Tariffs
US customs officials are being overwhelmed by countries that are helping China avoid tariffs, White House trade adviser Peter Navarro says. He says the Trump administration is using artificial intelli...
Kaplan Says Fed Right Not to Raise Rates in July
Robert Kaplan, Goldman Sachs Vice Chairman and former Dallas Fed President, says the Federal Reserve was right to not raise interest rates at the meeting in July. He speaks on "Bloomberg Surveillance.
Whatever the Fed is doing has not been working, says Verdence's Megan Horneman
Megan Horneman, Verdence Capital Advisors CIO, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, interest rate outlook, and more.
Stock Markets Beware: AI Funding Plans Have Shades of the Financial Crisis
Cisco benefits from AI demand, Musk is optimistic about Starlink, inflation hasn't thrown cold water on stock market rally, and more news to start your day.
A Problem for Bonds: They Aren't Responding to Softer Inflation Data
A sale of 10-year notes drew the highest government costs since 2007 this week.
Morning Bid: Brief relief
What matters in U.S. and global markets today. There were no fireworks in the July consumer inflation report, offering marginal relief to markets wary of an upside surprise.
Wall St futures tick higher as oil retreats ahead of inflation data
Futures tied to Wall Street's main indexes inched higher on Thursday as crude oil prices fell and investors awaited producer-price inflation data for clues on inflation and the Federal Reserve's int...
Inflation Protection Is on Sale
While far from perfect, these government bonds look like a bargain—at least for the near term.
The Jobless Boom Has Arrived
The stock market thinks the economy is accelerating. Don't expect jobs to follow. Patrick Collison, chief executive of digital payments company Stripe, recently polled his 1.5 million followers on X a...
U.S. Futures Edge Higher After Subdued Inflation Data
Stock futures were higher, but oil, Treasury yields, and gold were all lower as investors weighed signs of cooling U.S. inflation that might allow the Fed to hold rates.
The latest rally has energized the stock market but left the credit market concerned
Options traders are chipper about equities but wary of debt
U.S. inflations slows in July
July's U.S. inflation slows down to come in at 3.4 per cent with the core print falling to 2.5 per cent. Markets now expect the September rate decision to remain on hold.
Treasury yields dip as Wall Street awaits wholesale inflation data
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over one basis point to 4.674%.
Stock Market Today: Stock Futures Tick Higher
U.S. stock futures are ticking higher this morning and government bond yields are retreating slightly on growing expectations that the Federal Reserve won't raise rates imminently.
The Hidden Red Flag in Wall Street's Price Targets
Nvidia and other tech stocks have a wide “dispersion” of price targets. Why that could be a problem for investors.
Stock Futures Mixed as Investors Await PPI Data
U.S. stock futures were mixed ahead of Thursday’s session as investors awaited the release of the July Producer Price Index (PPI) data due this morning. The PPI measures what wholesalers…
Asian Currencies Consolidate; May Be Supported By Fed Rate-Cut Prospects
Asian currencies consolidated against the greenback, but may be supported by Fed rate-cut prospects.
‘Hormuz remains blocked': Iran disputes Trump claims as traffic sinks to near 3-month lows
The Persian Strait Gulf Authority said "the Strait of Hormuz remains blocked and will not be reopened until Iran's conditions are accepted." This comes after U.S. President Donald Trump said that the ...
Tariff refunds have begun rolling in to big U.S. companies—in some cases providing a solid boost to earnings
Apple, Nike and FedEx are just some of the companies that are recovering big sums relatively quickly.
Tariff Refunds Are Here—and Turbocharging Earnings
Apple, Nike and FedEx are just some of the companies that are recovering big sums relatively quickly.
Goldman says Japan's $1 trillion of reserves leaves 'plenty of capacity' for further yen interventions
Japan has enough cash at its disposal for a couple more rounds of yen-buying on the scale of last month's intervention, Goldman Sachs said. Whether Tokyo pulls the trigger again hinges on the rate dif...
Eddie Ghabour Sees Fed Roadblocks Ahead, "Healthy" SPX Equal Weight Rally
Eddie Ghabour is surprised the 10-year yield has not moved much and believes the Fed still has a long road ahead even though CPI shows inflation moving in the right direction. He expects Fed Chair Kev...
Review & Preview: Hold Please?
Price Cut. A softer inflation report that was in line with expectations helped boost stocks today, but overall, it was another fairly uneventful session after a quiet start to the week.
U.S. Stock Futures Near the Flatline Ahead of Another Key Inflation Report
U.S. stock futures were flat on Wednesday evening as traders looked forward to another key inflation report. Futures on the Nasdaq 100 ($NDX) and the S&P 500 Index ($SPX) were down 0.13% and 0.02%, re...
What July CPI Means for Crypto & Clarity Act's Second Wind
@CharlesSchwab's Adam Lynch returns to this week's Crypto Corner to address what the July CPI report means for cryptocurrencies. He dials back on his previous comment that the "Clarity Act is pretty m...
Bank of America Securities' Aditya Bhave reaffirms Fed rate hike call
Aditya Bhave, BofA Securities Head of U.S. Economics, joins 'Fast Money' to explain his call the Federal Reserve should hike rates three times this year.
Inside the Consumer Price Index: July 2026
Inflation affects everything from grocery bills to rent, making the Consumer Price Index one of the most closely watched economic indicators. What does inflation mean at the micro level — specifically...
Market Close: Mixed Stocks, US Deficit Surges, Inflation Tame • 8/12/26
CNBC Business News Update with Jessica Ettinger - Markets & Business News With Expert Analysis From Top Business Names. Visit CNBC.com For More.
Wednesday's Final Takeaways: Norway Sovereign Wealth Fund's Tech Boost & Tecent Sell-Off
Sam Vadas takes investors through her top takeaways of the session by focusing on international movers, from record profits in the Norway Sovereign Wealth Fund to Tencent's post-earning sell-off. ====...
U.S. Stocks Mixed After Inflation Data
U.S. stocks were mixed as deadlock in the Middle East offset relatively benign consumer-inflation data and an artificial-intelligence earnings bonanza.
Markets Get Inflation Relief
Inflation came in as expected, cooling slightly. The consumer price index was up 3.4% in July from a year earlier, the Labor Department said Wednesday. That was lower than June's 3.5% reading.
Stock Market Today: SPY, QQQ Advance as Tame Inflation Print Tempers Rate Hike Odds
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed higher on Wednesday as investors reacted positively to Consumer Price Index (CPI) data. News That Moved the Stock Market…
Dow ends lower as S&P 500, Nasdaq gain on AI stocks and softer CPI
US stocks finished mixed on Wednesday as gains in artificial intelligence infrastructure companies and a benign inflation report lifted the S&P 500 and Nasdaq, while the Dow Jones Industrial Average c...
'Teflon' Inflation Won't Stick, JPMorgan's Kelly Says
David Kelly, JPMorgan Asset Management's chief global strategist, sees a disinflation trend in the US stemming from lower tariff costs and oil eventually flowing out of the Strait of Hormuz. Speaking ...
Fed Will Stay on Hold in September, Pimco's Wilding Says
Pimco Economist Tiffany Wilding reacts to the latest US consumer price report and what it means for Federal Reserve monetary policy. She speaks on "Bloomberg Surveillance.
S&P 500 Top Stock Gainers Today, 8/12/26
The S&P 500 (SPX) closed higher on Wednesday following a Consumer Price Index (CPI) update from the Bureau of Labor Statistics (BLS). Let’s break down the sectors behind the performance. Today’s Top-P...
Investors are still excited about equities, says Norton of Empower
Underlying US inflation was subdued in July, likely easing pressure on the Federal Reserve to raise interest rates. Marta Norton, Chief Investment Strategist at Empower, reacts to the CPI data.
Positioning for Big Tech's next move
The Investment Committee debate whether it's time to get more bullish.
Why Are Gold and Silver Up Today, 8/12/26?
Both gold (XAUUSD) and silver (XAGUSD) are trading higher on Wednesday after tame Consumer Price Index (CPI) data from the Bureau of Labor Statistics (BLS) sent interest rate hike expectations lower. ...
Market At Record Highs — Nancy Tengler Says To Keep Buying These Names
Even at record levels, Nancy Tengler says the opportunity isn't over. She lays out the infrastructure and cybersecurity plays she's leaning into for the second half of 2026.
U.S. budget deficit surged in July to highest level since March 2021
The U.S. budget deficit totaled $432.3 billion in July, the highest since March 2021. In addition to the single-month move, the year-to-date total for the government's fiscal year has now surpassed th...
Inflation eased slightly to 3.4% in July, but energy prices are still high
U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in th...
Toronto Stock Exchange Hits Record High as Oil Prices Rise
The country’s economy is on an upswing too.