NY Fed: 1 year expected inflation at 3.1% versus 3.0% in June

8 months ago 37

Markets rally on tech strength & rate cut hopes! S&P 500 +0.48%, Nasdaq +0.71%. Jobless claims rise, boosting Fed cut odds.

BOE slashes rates to 4%, lowest since March '23. Inflation, jobs & Trump tariffs in focus. Borrowers get a gift, but inflation warning looms.

TSMC dodges 100% tariff threat, stock hits record high! Traders eye chip sector valuation.

LYFT, COMM, FAST, HUBS, ESAB upgraded on strong metrics & valuation. LLY, FTNT, CAT, OPEN, FUN downgraded on weak outlooks.

Fed's Waller eyed for Chair! Dissent on rates, but inflation beat 3% w/ <4.2% unemployment. Trump weighs policy vs. data.

Soybeans surge +1.53 on Dec '25 futures, while Aug '25 corn gains +0.55. Traders eye volume shifts.

Associated Press Finance

14m ago

BRK.B lags S&P 500, down 11.1% vs 21.1% in 52 weeks. Q2 earnings fell 3.8%. Analysts see 15% upside.

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