Inflation Cools to Three-Year Low as June CPI Drops to 3.5 Percent
Consumer price inflation fell to 3.5% in June from 4.2% in May, marking the lowest rate since 2023 and increasing pressure on the Federal Reserve to cut interest rates.
Consumer price inflation fell to 3.5% in June from 4.2% in May, marking the lowest rate since 2023 and increasing pressure on the Federal Reserve to cut interest rates.
Pete Crow-Armstrong crushed two home runs as the Cubs completed a three-game sweep of the Dodgers, extending Los Angeles' losing streak to six games.
Jason Sudeikis and the Ted Lasso cast reunited for a star-studded Brooklyn premiere as the Emmy-winning comedy makes an unexpected return, this time with Ted coaching AFC Richmond's women's team.
SpaceX reported 92% revenue growth to .8 billion in its first earnings as a public company, but shares fell 7% as investors balked at .9 billion in quarterly AI infrastructure spending.
The S&P 500 surged 1.8% to a fresh record Tuesday as Qatar-mediated progress toward reopening the Strait of Hormuz sent oil prices plunging and stocks soaring across all sectors.
Alec Burleson launched three two-run homers and drove in six runs as the Cardinals defeated the Yankees 13-7, validating St. Louis' decision to keep him at the August 3 deadline.
Cybersecurity startup Horizon3 raised 250 million dollars at a 2 billion dollar valuation, tripling its value in 14 months as enterprises race to deploy AI-powered defenses against AI-powered attacks.
American savers still have access to 5 percent CD yields in August 2026, but Fed rate cuts are coming and the window to lock in premium returns is closing fast.
The NFL preseason kicks off Thursday in Canton with backup QB Kenny Pickett starting for Carolina while Bryce Young sits out the exhibition opener.
EA's historic take-private deal transfers control of gaming's iconic franchises to Saudi Arabia-led consortium as trading ends August 4.
30-year Treasury yields hit 5.23 percent as investors demand clarity on inflation strategy, signaling credibility crisis for Federal Reserve.
Ceddanne Rafaela homers for third straight game as Boston completes stunning sweep of defending champions with 8-4 victory.