The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus.
Author: admin@finance
Wealthy investors are pouring billions into this new tax strategy despite risks
Total assets invested in so-called tax-aware long-short strategies — or TALS — have surged to more than $170 billion, according to Tax Alpha Insider.
Stocks making the biggest moves premarket: GameStop, Oracle, Adobe, RH & more
These are the stocks posting the largest moves premarket.
A Chinese humanoid startup flips ‘distillation’ claim on OpenAI as it releases a new robotics model
Ant-backed startup JoyIn’s CEO published an article in Chinese that raised questions about similarities between his company’s new model and OpenAI publications.
The iPhone Duo enters China’s crowded foldable market — and faces a price test
Chinese netizens focused on the price of Apple’s iPhone Duo, as cheaper Xiaomi and Huawei foldables raise value comparisons and muddle the foldable’s reception.
Friday’s CPI inflation report is even more important than usual. Here’s what to expect
The Bureau of Labor Statistics will release the August consumer price index report at 8:30 a.m.
OpenAI targets work of Wall Street junior bankers with new ChatGPT for Financial Services
OpenAI launched ChatGPT for Financial Services, targeting the labor-intensive research, modeling, and pitchbook tasks traditionally handled by junior bankers.
The likelihood of a Fed interest rate hike next week just got a lot higher
Traders pushed chances for a rate increase to 70% in morning action.
Kalshi launches ‘perps’ for gold and silver following CFTC approval, expanding futures offerings
Its the latest move by the prediction market company to diversify its assets users can trade.
Wholesale prices rose 0.4% in August, as expected
The producer price index was expected to rise 0.4% in August, according to the Dow Jones consensus forecast.