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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…
Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
Less than a year after buying a controlling ownership stake in the NBA's Lakers, Mark Walter has sold his majority equity to Joshua Kushner and Bob Iger, according to a statement.
9 options trading strategies for beginners, ranked by risk
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China’s answer to Boeing and Airbus makes first international flight — could COMAC challenge the aviation duopoly?
China's homegrown C919 passenger jet departed on its first scheduled international commercial flight Wednesday, marking a milestone in Beijing's push to develop an alternative to Boeing and Airbus.
Trump's latest midterm move could reward Bitcoin holders
U.S. President Donald Trump is weighing a push to reduce capital gains taxes, a move that could allow investors — including cryptocurrency holders — to keep more of their profits when selling appreciated assets.
Super Micro stock is rallying after results. Here’s what Wall Street is saying.
Super Micro stock is rallying after results. Here’s what Wall Street is saying. Here’s what analysts are saying about Super Micro. Read at source
New York City Council announces probe into prediction market platforms’ marketing strategies
The New York City Council is investigating marketing practices by prediction market platforms, the office of Council Speaker Julie Menin said on Wednesday.
Another AI lab is burning through cash as Tencent earnings rise
Two very different pictures of China’s artificial intelligence race are coming into focus at the same time. Tencent, the roughly $500 billion conglomerate behind WeChat and one of the world’s largest gaming businesses, …
Hormuz closure squeezes global economy as oil demand destruction intensifies, IEA says
World oil demand is set to fall further than previously expected this year, the International Energy Agency said Wednesday, as the impact of the closure of the Strait of Hormuz deepens.
I found a $100 bill in the communal washer at my Airbnb. What should I do?
“The landlord has not been here in months, so I assume it was a previous tenant.”
Lean Hog Futures Reach 4-Week Low. Hit the Sell Button Here.
The daily chart for October lean hog futures (HEV26) shows that prices are trending down and have recently hit a four-week low. See, too, that the moving average convergence divergence (MACD) indicator is in a bearish p…
Global energy watchdog warns oil stockpiles ‘rapidly depleting’ – business live
The International Energy Agency calls for urgent reopening of the strait of Homuz amid ongoing pressure on global oil supplies
World's largest sovereign wealth fund posts record $184 billion profit as it reveals SpaceX stake for the first time
Norway's $2.3 trillion sovereign wealth fund reported a record half-year profit of more than $184 billion on Wednesday, as a rally in Asian technology stocks helped the fund return 9.4%.
New Strong Sell Stocks for August 12th
Albertsons Companies, Inc. ACI is an operator of food and drug stores. The Zacks Consensus Estimate for its current year earnings has been 5.1% downward over the last 60 days.
CoreWeave surges 18% in premarket after a 'cleaner quarter'. Here's what's happening
AI cloud giant CoreWeave was up in premarket trading on Wednesday after reporting that its second-quarter revenue doubled, driven by surging demand from hyperscalers for AI compute capacity.
Sen. Darline Graham advances to Republican special primary runoff in South Carolina
Milwaukee County executive David Crowley stunned Democratic socialist Francesca Hong in Wisconsin's Democratic gubernatorial primary, surging to victory after polls had him down by double digits.
4 Bond ETF Flaws That Could Leave Investors Exposed
SpaceX’s valuation has soared, yet ERShares Private-Public Crossover ETF’s investors have seen little benefit.
AI capex could hit $1.6 trillion next year, says fund manager who sees more echoes of 1998 than the dot-com bust
A T. Rowe Price fund manager thinks the hyperscalers can comfortably fund their investment spending, and moreover, derive high returns on that invested capital with a short payback schedule.