Citi’s Hollenhorst Sees Trend Toward Cooling Inflation
Andrew Hollenhorst, chief US economist at Citi, discusses the outlook for today's US inflation report. "If we get a cool…
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AI’s costly buildout complicates the Fed’s inflation fight
Tech leaders say AI will drive down costs. But slow corporate adoption and the data center buildout create inflation pressures…
Mortgage rates finally stop rising, causing demand to trickle back
Mortgage rates finally eased a tiny bit, but it was enough to bring some demand back to a very beleaguered…
Market’s Momentum Darlings Resurface as Optical Stocks Take Off
One of the stock market’s favorite momentum plays from earlier this year is re-emerging as rising confidence in artificial intelligence…
India Inflation Stays Within Target Band, Supporting RBI Pause
India’s inflation was broadly steady in July, holding within the Reserve Bank’s 2%-6% target range and cementing expectations policymakers will…
MEMX Files to List Prediction Market-Style Bets on Earnings
Exchange operator MEMX is looking to become the latest financial exchange to compete with prediction markets by offering binary bets…
China’s answer to Boeing and Airbus makes first international flight — could COMAC challenge the aviation duopoly?
China’s C919 has made its first scheduled international commercial flight, a milestone in COMAC’s bid to challenge Boeing and Airbus…
Emerging Stocks Rise on Tech as Currency Traders Await US CPI
Emerging-market stocks rose, led by a rally in Asian chipmakers as upbeat results from AI infrastructure firms revived appetite for…
IEA Says Oil Markets Are Facing a Wider Shortfall (Video)
CPI Day and What Katsu Curry Says About the Level of the Yen
Stronger-than-forecast US inflation would revive concern over higher interest rates.
Coreweave surges 18% in premarket after a ‘cleaner quarter’. Here’s what’s happening
AI cloud giant Coreweave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from…