Fed Nominee Miran: Inflation seem benign. Does not comment on rate policy

8 months ago 36

Wholesale inflation hits 3.3% YoY in July, fastest since June '22. Tariffs may force firms to pass costs, risking consumer price hikes.

Fannie/Freddie IPO may hike mortgage rates 0.1-0.2%, costing borrowers $600/yr. Profitability push could raise fees.

Buffett's Berkshire snaps up UNH, boosting shares 5%. Dumps Apple. Traders eye insurer's valuation.

SOUN surges 693% on strong AI growth, but remains unprofitable. Analysts rate it 'Strong Buy' with a $14.29 target.

China's July growth stumbles: retail sales & industrial output miss forecasts, exports rise but trade war bites.

PCAR, CMI beat Q2 estimates, up 7.9% & 11.1%. TRN misses, up 12%. ALSN flat, GBX down 1.2%. Sector up 7.8%.

CELH surges 32.4% on 83.9% revenue beat; TLRY down 2.3% YoY, stock up 66.5%. Traders eye sector trends.

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