Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July - CNBC
The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.
Hyundai has grown more than any automaker in the U.S. — and it's not done yet - CNBC
The South Korean automaker wants to keep going by ramping up production at a new $7.6 billion plant in Georgia to capture more sales and market share.
Americans traveling to Canada may be wondering about one thing - USA Today
A trade war between the U.S. and Canada escalated this week after talks between the two countries collapsed.
Bill Gates is deeply worried about AI, and he’s no longer staying quiet - The Verge
Microsoft’s cofounder used to be optimistic about AI, now he’s concerned it could be ‘the worst source of injustice.’
Mortgage rates hit highest level in 3 weeks, weakening demand further - CNBC
Mortgage rates rose again last week causing demand for both refinances and purchase loans to drop. Rates climbed to their highest level in three weeks.
How to avoid a Social Security cut? Lawmakers are floating ideas for what to do - AP News
Two senators who are set to retire have embarked on a mission to save tens of millions of Social Security beneficiaries from a projected 22% cut in their benefits, starting in just six years. It’s one of the most perilous political efforts that a member of Co…
Shopping malls are charging for prime parking. It's not going well - USA Today
Scoring a great parking spot at the shopping mall used to take luck or determination. Now it takes a credit card. And shoppers are not thrilled.
Nvidia earnings could reveal its fastest-growing business isn’t chips: Chart of the Day - Yahoo Finance
Wall Street is focused on Nvidia's GPUs, but the faster-growing story is sitting beside them.
‘Dead in the water’: Why Bessent should fear the bond market - Politico
The Treasury secretary’s credibility as a steward of U.S. financial markets is under threat.