Today's Top Story
EXPLAINER: Mixed US inflation signs. Where are prices going?
Consumers struggling with skyrocketing prices for food, gas, autos and rent got a tantalizing hint of relief last month, when prices didn’t budge at all from June after 25 straight months of increases Read More
Business News
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Lower prices offer Americans slight reprieve from inflation
Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is still running at close to its highest level in four decades
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Social media offers parents more controls. But do they help?
As concerns about social media’s harmful effects on teens continue to rise, platforms from Snapchat to TikTok to Instagram are bolting on new features designed to make their services safer and more age appropriate
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Wall Street hits 3-month high as inflation cools
Stocks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July
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Economic News
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Japan PM purges Cabinet after support falls over church ties
Japanese Prime Minister Fumio Kishida has reshuffled his Cabinet in a bid to distance his administration from the conservative Unification Church over its ties to the assassinated leader Shinzo Abe and senior ruling party members
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Elon Musk sells $7B in Tesla shares ahead of Twitter fight
Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter
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Travelers are starting to get a break from higher airfares
Air travelers are finally getting a break on fares
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Money News
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Wall Street hits 3-month high as inflation cools
Stocks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July
-
Lower prices offer Americans slight reprieve from inflation
Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is still running at close to its highest level in four decades
-
Asian stocks fall ahead of US inflation
Asian stocks have followed Wall Street lower ahead of U.S. inflation data traders worry will show upward pressure on prices still is too strong for the Federal Reserve to ease off interest rate hikes
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