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Jerome Powell · United StatesInflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a move that would stimulate markets and investment, but that could also push inflation higher. As tariff-induced inflation threatens to become the dominant narrative…See the Story
5 Things to Know About the Latest Inflation Report
55% Center coverage: 169 sources
CEOsNEW YORK, United States — The Nasdaq retreated from a record ahead of earnings from Google parent Alphabet and other tech giants. Meanwhile, European markets fretted over an Aug. 1 deadline for the EU to avert steep tariffs from US President Donald Trump. Both the Dow and S&P 500 finished higher. But the Nasdaq dropped 0.4 percent to snap a six-day streak of records. Earnings from Alphabet and Tesla are due on Wednesday. They are the first two …See the Story
Nasdaq Edges Down From Records Ahead of Big Tech Earnings
67% Right coverage: 3 sources
