Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.

The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.
The empire of billionaire Los Angeles Dodgers owner Mark Walter has faced media scrutiny since he said he would sell his majority share of the LA Lakers.
The South Korean automaker wants to keep going by ramping up production at a new $7.6 billion plant in Georgia to capture more sales and market share.
Iran and Oman are approaching a deal to secure safe transit through the Strait of Hormuz and future administration of the vital economic artery.
The attack has disrupted the company's ability to ship products, and it's not clear when services will be restored.
Mortgage rates rose again last week causing demand for both refinances and purchase loans to drop. Rates climbed to their highest level in three weeks.
Canadian trade negotiators left the U.S. last week after failing to clinch a trade deal that would stop President Donald Trump's new tariffs from taking effect.
Wall Street analysts are tuning in 10 weeks ahead of the Nov. 3 election with concerns about risks to investors depending on how the U.S. results turn out.
Mechanical Turk launched in 2005 as a way to farm out tasks that are easy for humans to complete but too challenging for computers.
The K-shaped economy may be changing. New data shows income and spending gaps are narrowing — but household finances tell a more complicated story.
SpaceX plans to establish its Starbase, LA in Vermilion Parish, which will "support thousands of launches annually."
Nvidia is trying to expand its customer base by creating new financing options that allow for more clients to purchase its costly systems.
There's an old Wall Street adage: Stocks float on a sea of bonds. Options traders are betting the tide is going out.
Sen. Darline Graham on Tuesday defeated Rep. Ralph Norman, winning the GOP nomination for a South Carolina Senate seat.
It's a sign of adoption of Huawei technology outside China, despite the U.S. restricting the company from working with American suppliers such as Google.
Here are the questions we are looking to answer when CrowdStrike and Salesforce report earnings Wednesday evening.
Some Democratic lawmakers and nonproliferation advocates have criticized the pact for not including a permanent prohibition on enrichment or reprocessing.
Haidilao shares rose after results showed strong growth in delivery and newer restaurant formats, even as revenue from its core hotpot restaurants declined.
An OpenAI spokesperson said the company "recently reorganized our infrastructure organization to support the scale and pace of our work."
The short-drama model offers an alternative to traditional entertainment, but rising distribution costs and audience-retention challenges remain.
Instagram chief Adam Mosseri testified during a federal trial that he doesn't direct employees to withhold information that could pose legal risks to Meta.
Waymo has been the biggest robotaxi player in the U.S., and has announced plans to enter the U.K., Japan and now Germany.
Trump last Sunday instructed the Pentagon to cut military drills because they were "costly" and send "inappropriate and hostile" signals to North Korea.
HHS plans to name two deputy commissioners for technology and drugs, said two sources familiar with the matter.