Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%
The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.

The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.
Mortgage rates finally eased a tiny bit, but it was enough to bring some demand back to a very beleaguered mortgage market.
AI cloud giant CoreWeave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.
A cargoship and containership have been hit in the Red Sea and Gulf of Oman as the war inflicts a toll on the world's critical shipping lanes.
With China way ahead in the market for open-weight models, Meta and Nvidia are both doing what they can to put the U.S. on the map.
In letters to four prediction market platforms, City Council Speaker Julie Menin said the council was also actively considering legislation to address concerns.
The fund — currently valued at around $2.34 trillion — is an investor in more than 7,000 companies across 60 countries.
Norway's sovereign wealth fund, the largest of its kind, is an investor in around 1.5% of the world's listed companies.
Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla's Model Y remained popular.
China’s C919 has made its first scheduled international commercial flight, a milestone in COMAC’s bid to challenge Boeing and Airbus globally.
Progressive Democrats keep their winning streak rolling in Minnesota.
The IEA expects oil demand to fall by 1.6 million barrels a day in 2026 as high fuel prices and Strait of Hormuz disruptions weigh on consumption.
Koray Kavukcuoglu is taking charge of Google DeepMind as it tries to keep Gemini competitive with OpenAI and Anthropic.
Heat and drought are curbing nuclear output across Europe, with Romania facing a possible reactor shutdown and France reducing generation.
CNBC’s Jim Cramer said investors can quickly gauge the market by focusing on three things: bonds, oil and Nvidia.
The quarter wasn't totally clean, but strong profitability matters the most.
The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.
The U.S. Department of the Treasury issued guidance that could allow parents to make pretax contributions to a child's Trump Account directly from their paycheck.
Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending.
AI agents' 'alarming' hacking skills creates a rush to spend on cybersecurity
Longtime OpenAI executive Brad Lightcap announced his departure on Tuesday, the latest in a series of recent leadership shake-ups at the company.
The exchange is partnering with Silicon Data to introduce two compute futures contracts on Oct. 5, pending regulatory review.
The first three-plus years of the AI build-out have been funded by record amounts of equity and debt issued by leading tech companies. Nvidia has a new idea.