Japan wholesale inflation eases slightly to 7.2%, undershooting expectations
Producer prices in Japan eased slightly in July to 7.2% year on year in July, missing analysts' expectations, official data released Thursday showed.
Business
Wheat Rallies on Wednesday with Black Sea Strikes
The wheat complex is trading with sharp midday gains across the three exchanges. Chicago SRW contracts were 13 ¾ to 22 ½ cents higher across the board on the day. KC HRW futures posted 14 ½ to 21 ¾ cent gains at the clo…
Inside India newsletter: Why global funds are flocking to GIFT City in Modi’s home state
Welcome to the latest edition of "Inside India" — your one-stop destination for stories and developments from the world's fastest-growing large economy.
Corn Rallies on Smaller Yield and Cut to Stocks
Corn futures closed the Wednesday session with contracts down 18 to 20 ½ cents in through next July, with deferreds up 4 to 11 ½ cents. Spillover gains from wheat and increasing Black Sea strikes was supportive. The Cmd…
Cisco sees record results from an AI ‘supercycle,’ but its stock pulls back
August 13, 2026, 3:58 AM EDT. The UAE has reportedly unlocked billions of dollars in previously frozen Iranian assets, including 1.5 tonnes of gold flown out on UAE Royal Jet aircraft. This move saw Bitcoin rebound by 1…
Cerebras stock plunges 14% after second earnings report following IPO
Cerebras Systems raised its full-year guidance in the second earnings report following the chipmaker's initial public offering in May. But the stock tumbled about 14% in extended trading.
AARP issues urgent call on Medicare drug costs
American seniors pay dramatically more for brand-name prescription drugs than patients in 19 comparable countries, and the gap keeps widening each year.
Soybeans Close Wednesday with Strength Despite Increased US Output
Soybeans posted 6 to 17 ¼ cent gains on Wednesday despite a neutral to slightly bearish USDA report. The cmdtyView national average Cash Bean price was up 14 3/4 cents at $11.41. Soymeal futures were $1.30 to 3.50 highe…
'Nobody wants it': Lettuce prices see record-setting plunge as cyclospora spooks consumers
Lettuce prices cratered in July as the multistate cyclospora outbreak pushed diners to shun the leafy green.
Cotton Fading Lower on Wednesday, as USDA Hikes Acreage
Cotton futures saw strength on Wednesday, with contracts 8 to 48 points higher, as December was the lone holdout, down a tick. Crude oil was down just 62 cents per barrel, with the US dollar index $0.140 higher.
U.S. budget deficit surged in July to highest level since March 2021
The U.S. budget deficit soared to its highest monthly level in more than five years amid a surge in Medicare costs and as interest on the federal debt continued to weigh on the nation's fiscal picture, the Treasury Depa…
Ford says it's increasing Lincoln production in the U.S. in 2030
Ford Motor said Wednesday that it's increasing production of its Lincoln vehicles in the U.S. beginning in 2030.
Bank of America sends blunt message to Nvidia stock investors
Every few quarters, the debate around Nvidia moves. For a while, it was about whether AI demand was real. Then it was about whether margins could hold. Now, heading into its August 26 earnings report, the question is wh…
Stocks Trading Higher on Favorable CPI Report and Positive AI News
The S&P 500 Index ($SPX) (SPY) is up +0.45%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.00%. September E-mini S&P futures (ESU26) are up +0.99%, and Sept…
Google’s new Pixel 11 puts Gemini at center of AI phone battle with Apple
Alphabet on Wednesday unveiled its new Pixel 11 smartphone lineup, putting its most agentic version of Gemini yet at the center of the devices just weeks before Apple is expected to roll out a rebuilt Siri powered by Go…
Trump says Karoline Leavitt resigning as White House press secretary
White House Press Secretary Karoline Leavitt will leave that post by the end of August, President Donald Trump said on Wednesday.
Strait of Hormuz ship traffic near three-month low as U.S.-Iran deal in doubt
Ship traffic through the Strait of Hormuz is near a three-month low as doubt grows that the U.S. and Iran will reach an agreement to fully open the key Middle East oil export corridor.
Sound Point Meridian Capital Inc Q1 2027 Earnings Call Summary
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Dollar Slips on Dovish US CPI Report
The dollar index (DXY00) is down -0.08% as expectations for a Fed rate hike eased on today’s favorable CPI report. The dollar was also undercut by today’s -2.1 bp decline in the 10-year T-note yield, which undercut the …
Crude Prices Ease on US Crude Oil Inventory Surge
September WTI crude oil (CLU26) is down -0.19 (-0.23%), and September RBOB gasoline (RBU26) is down -0.0276 (-0.88%).
Trump officials float cut to capital gains tax on home sales. What it could mean for homeowners
A tax break for Americans selling their primary residence could become part of the Trump administration's midterm pitch. But experts say such an effort is unlikely to happen quickly — and the benefits would skew to weal…
‘I unexpectedly came into some money’: Is putting $20,000 into CDs a smart move?
Having cash in savings gives you security — the ability to handle a surprise car repair, a medical bill, or a sudden job loss without going into debt. But there’s a real cost to keeping too much money in a savings accou…
Here's the inflation breakdown for July 2026 — in one chart
Consumer prices rose in July — a reversal of the pullback in June — but showed inflation broadly moderating, even as energy remained sharply higher than a year ago.
Wednesday Sector Laggards: Advertising, Apparel Stores
Also lagging the market Wednesday are apparel stores shares, down on the day by about 1.9% as a group, led down by Savers Value Village, trading lower by about 9.9% and Lulus Fashion Lounge Holdings, trading lower by ab…