Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, surpassing the same period in 2025.
Author: admin@finance
‘Nobody wants it’: Lettuce prices see record-setting plunge as cyclospora spooks consumers
Lettuce prices posted their sharpest month-over-month decline on record as diners reconsider the vegetable amid the cyclospora outbreak.
SpaceX short sellers are running out of bullets as stock rebounds more than 30% off low
Short interest in SpaceX fell to about 11% of the company’s publicly traded shares Wednesday, down sharply from a peak of 34% last week, according to S3.
Stocks making the biggest moves midday: Wendy’s, H&R Block, Quantinuum, CoreWeave, Cava & more
These are the stocks posting the largest moves midday.
Here are five key takeaways from the July CPI inflation report
Readings for July on the prices consumers pay for goods and services came in pretty much on target.
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%.
Stocks making the biggest moves premarket: CoreWeave, Super Micro Computer, Nebius & more
These are the stocks posting the largest moves premarket.
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 that complicate the Fed’s job.
New York City Council announces probe into prediction market platforms’ marketing strategies
In letters to four prediction market platforms, City Council Speaker Julie Menin said the council was also actively considering legislation to address concerns.
EVs dominate China’s car market: 5 takeaways from the country’s latest auto sales data
The China Passenger Car Association released data Tuesday showing penetration of new energy vehicles rose in July. Tesla’s Model Y remained popular.