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Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Cathie Wood’s ARK fund hits 11-month high as inflation ebbs By Reuters

© Reuters. FILE PHOTO: Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange

U.S. stocks mixed as rising yields pressure tech sector
Stock Market

U.S. stocks are rising after cooler-than-expected inflation stokes rate hopes By Investing.com

© Reuters. Investing.com — U.S. stocks jumped after a cooler-than-expected inflation report for June revived hopes the Federal Reserve was nearing the end of its

Finances

Bank of Canada hikes growth forecast and says inflation slowing only gradually By Reuters

2/2 © Reuters. FILE PHOTO: A person shops in the beverage aisle at a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio/File

How Fast Can Inflation Cool? Not Fast Enough (Yet) for the Fed
Finances

How Fast Can Inflation Cool? Not Fast Enough (Yet) for the Fed

It looks as if inflation will keep cooling. With hope, it will be without the Federal Reserve furthering its efforts to speed the process along.

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

Inflation fight must be won, new stress tests could help By Reuters

© Reuters. FILE PHOTO: Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, attends an interview with Reuters in New York City,

European stocks higher; UBS leads banking sector with CEO reappointment
Stock Market

European assets jump after U.S. inflation slows By Reuters

© Reuters MILAN (Reuters) – European shares, currencies and bonds rallied on Wednesday after U.S. inflation slowed in June, feeding bets the Federal Reserve is

Inflation Tracker: The Items That Have Gotten Cheaper—And the Ones That Have Proven Sticky
Finances

Inflation Tracker: The Items That Have Gotten Cheaper—And the Ones That Have Proven Sticky

Listen to article (1 minute) The Journal has put together a price tracker of common items that many Americans buy monthly to see the direction

U.S. inflation eases to 3.0% in June
Finances

U.S. inflation eases to 3.0% in June By Investing.com

© Reuters. Investing.com — U.S. inflation rose at a slower than anticipated rate in June, although so-called “core” prices remained elevated, suggesting that the is

BoE's Bailey urges firms to assume lower inflation when setting prices By Reuters
Finances

Traders bet slowing inflation will let Fed pause after July hike By Reuters

2/2 © Reuters. FILE PHOTO: A man walks past the Federal Reserve in Washington, December 16, 2015. REUTERS/Kevin Lamarque/File Photo 2/2 (Reuters) – Inflation is

Finances

India’s retail inflation rises more than expected in June By Reuters

© Reuters. FILE PHOTO-A vendor sells vegetables at a retail market in Kolkata, India, December 12, 2018. REUTERS/Rupak De Chowdhuri/file photo NEW DELHI (Reuters) -India’s