Business

PCE Index Shows Inflation Remained Elevated in July Amid High Energy Costs

The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July.The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July. Inflation (Economics), United States Economy, Prices (Fares, Fees and Rates), Bureau of Economic Analysis, Federal Reserve System, Trump, Donald J, Warsh, Kevin M Read More

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Wall St. Scrutinizes Nvidia’s Deal Machine

Investors are awaiting the chipmaker’s latest quarterly earnings — and are anxious about its huge portfolio of artificial intelligence investments.Investors are awaiting the chipmaker’s latest quarterly earnings — and are anxious about its huge portfolio of artificial intelligence investments. internal-storyline-no, NVIDIA Corporation, Artificial Intelligence, Anthropic AI LLC, Huang, Jen-Hsun, Computer Chips, SOFTBANK Corporation, Space Exploration Technologies

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Soaring Diesel Prices Are Helping Oil Companies and Hurting Consumers

The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries. Oil

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‘Honeymoon’s Over’: Warsh Under Pressure as Fed Weighs Raising Rates

Kevin M. Warsh is scheduled to deliver his first address at the Federal Reserve’s annual conference in Jackson, Wyo., with U.S. government bond markets on edge and inflation risks resurfacing.Kevin M. Warsh is scheduled to deliver his first address at the Federal Reserve’s annual conference in Jackson, Wyo., with U.S. government bond markets on edge

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Bessent Faces Credibility Test in Quest to Tame Markets

The Treasury secretary is confronting the limits of his ability to reshape the economy ahead of midterm elections.The Treasury secretary is confronting the limits of his ability to reshape the economy ahead of midterm elections. United States Politics and Government, United States Economy, National Debt (US), Government Bonds, Treasury Department, Bessent, Scott Read More

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Worker Dies After Accident With Plane at Montreal Airport

The Transportation Safety Board of Canada said the episode involved an Airbus A350 operated by French Bee, a French low-cost airline.The Transportation Safety Board of Canada said the episode involved an Airbus A350 operated by French Bee, a French low-cost airline. Deaths (Fatalities), Aviation Accidents, Safety and Disasters, Airports, Airlines and Airplanes, Transport Canada, Montreal-Trudeau International

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Forbes Suspends Shook Research Rankings as It Investigates $6 Million Payment

The magazine, which is reviewing a payment from the founder of Shook Research to its former top editor, also canceled a summit in Las Vegas scheduled for October.The magazine, which is reviewing a payment from the founder of Shook Research to its former top editor, also canceled a summit in Las Vegas scheduled for October. Magazines,

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Trump’s Canada Tariffs Rely on Untested Law

The president has invoked a long dormant section of law to hit one of America’s closest allies, a move that has troubled courts in the past.The president has invoked a long dormant section of law to hit one of America’s closest allies, a move that has troubled courts in the past. United States Politics and Government,

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China Pushes Back After Trump Tightens the Screws on Iran

The Trump administration risks a clash with Beijing as it tries to cut off Iran’s economic lifelines without upending a fragile U.S.-China truce.The Trump administration risks a clash with Beijing as it tries to cut off Iran’s economic lifelines without upending a fragile U.S.-China truce. Embargoes and Sanctions, United States International Relations, China, Iran, US and

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