Consumer Prices Increased More Than Anticipated in August, Core Inflation Matched Expectations
In August, U.S. consumer prices rose more than anticipated, but core inflation remained steady, indicating limited effects from tariffs. The Labor Ministry reported a 0.4% increase in the consumer price index compared to the previous month. Economists had expected a 0.3% rise, following a 0.2% increase in July. Year-over-year, the consumer price index climbed 2.9%, […]
The conflict between Bitcoin Core and Knots is intensifying.
Bitcoin’s Ongoing Divide: Core vs. Knot If you’re just stepping into the world of Bitcoin, or if your understanding is mostly limited to ETFs or central exchanges, you might have missed the unfolding drama surrounding Core and Knot, particularly the OP_Return issue. But for those who have been around for a while and still find […]
Core PCE inflation remains steady at 2.8% in June, compared to the expected 2.7%
Core PCE inflation in June remained steady at 2.8% The US dollar index is hovering just below 100.00. According to a report from the U.S. Bureau of Economic Analysis, annual inflation in the U.S. rose from 2.4% in May (which was revised from 2.3%) to 2.6% in June. This figure surpassed market predictions, which were […]
GE HealthCare’s Core Operating Profit Takes a Hit from Tariffs, Upgrades Yearly Forecast
GE Healthcare Reports Second Quarter Earnings On Wednesday, GE Healthcare announced that its adjusted earnings for the second quarter of 2025 reached $1.06 per share, which surpasses the consensus estimate of 92 cents. This marks an increase from $1.00 during the same period last year. The company reported sales of $5.01 billion, slightly above the […]
Core values of the Declaration of Independence at risk in America’s 250th year
Reflections on Independence Day: A Time for Reevaluation This July 4th marked 249 years since 13 American colonies stood against British rule and claimed their freedom. Yet, as we step into what should be our 250th year, there’s a palpable sense that we’re veering off course. The Declaration of Independence was an audacious statement of […]
Core Consumer Prices Increase Less Than Anticipated for the Fifth Consecutive Month
U.S. Consumer Prices Increase in June The Labor Department reported on Tuesday that consumer prices in the U.S. rose by 0.3% in June. This growth aligns with economists’ predictions for the month. In May, the Consumer Price Index (CPI) had a more modest rise of just 0.1%. Looking back a year, the consumer price index […]
Key EPA Official Explains Why the Agency Should Return to Its Core Principles After the Biden Administration
EPA’s New Direction Aimed at American Revival David Fotouhi, the assistant administrator of the EPA, emphasized the need for the agency to return to its fundamental goals, promoting what he described as a “great American comeback.” This statement emerged during his first sit-down interview with a news outlet. Under former President Biden, the EPA had […]
Dollar Index stays low as core PCE inflation increases, personal spending decreases
The dollar index declined following the increase in Core PCE, which is the inflation measure favored by the Fed, in May. The US dollar remains weak, with the DXY nearing Thursday’s low of 97.00. The Michigan Consumer Sentiment Index and its expectations offer insights into consumer perspectives on the current economic conditions. The US Dollar […]
Midday stock movements: Micron, Penn Entertainment, Equinix, Core Scientific, and others
Market Movements at Noon Here’s a quick overview of notable stock movements at noon: Micron Technology: Chipmakers saw a drop of nearly 2%, despite Micron’s third-quarter results exceeding expectations. The adjusted revenue came in at $1.91 per share, higher than the $1.60 analysts anticipated, with total revenue reaching $9.3 billion, surpassing the $8.87 billion consensus. […]
May Sees Decline in Retail Sales, Yet Core Sales Surprised with Strength
US Retail Sales Decline in May Retail sales in the US dropped in May as consumers scaled back on car purchases, coupled with lower fuel prices leading to reduced costs at gas stations. Yet, when we take a closer look at the data, various core spending categories continue to show strength, illustrating the unusual dynamics […]