Fox News Digital leads the way in July compared to other media outlets
Fox News Digital Dominates in July In July, Fox News Digital maintained a strong lead, whereas CNN faced historic lows in audience engagement. This month saw significant events, including a severe flood in Texas and President Trump making headlines for various reasons, particularly after halting his “big beautiful bill.” Other notable stories included the verdict […]
EUR/USD falls back as US dollar strengthens following July PPI inflation increase
The EUR/USD dropped to 1.1650, a decrease of 0.45% for the day, breaking a two-day upward trend. The US Dollar Index (DXY) has bounced back past the key level of 98.00 after reaching a two-week low. US PPI data reflects a significant rise in July, with both headline and core figures exceeding forecasts. On Thursday, […]
Worries about inflation resurface as July PPI rises beyond expectations
Wholesale Inflation Surges in July Wholesale inflation unexpectedly increased in July, raising concerns about inflationary pressures in the economy. The Bureau of Labor Statistics revealed a 0.9% rise in the Producer Price Index (PPI) from June, marking a 3.3% increase compared to last year. This surge surpassed economists’ expectations, who predicted a modest 0.2% monthly […]
Wholesale inflation greater than anticipated in July
Wholesale prices saw a surprising jump in July, rising at a pace that was much higher than anticipated. The producer price index (PPI), which tracks the prices of goods and services for final demand, climbed by 0.9% in July. This increase is the largest seen since June 2022, as reported by the Bureau of Labor […]
Border Control Experiences Unprecedented Low Levels in July
Record Low Border Enforcement in July New data from the Trump administration highlights an unprecedented drop in illegal border crossings for July, according to information provided by the Trump White House and US Customs and Border Protection (CBP). The White House communicated to Breitbart News that the illegal crossings in July 2025 represented “the lowest […]
July CPI report likely to show an increase in inflation due to tariffs affecting consumer prices
Economic Insights Amid Inflation Concerns The upcoming monthly inflation report from the Department of Labor is set for release on Tuesday, presenting a critical moment for the economy. The Federal Reserve will assess how tariffs are influencing consumer prices as they prepare for interest rate decisions next month. This July, the Bureau of Labor Statistics […]
IREN Rises 11% After Mining More Bitcoin Than MARA in July
Following Iren Limited’s impressive revenue of $86 million in July, the company’s shares surged by 11.4%, positioning it ahead of the leading contender, Mara Holdings, in Bitcoin mining output. On Wednesday, reports indicated that Iren mined 728 Bitcoin (BTC) in July, outpacing Mara’s 703 BTC despite having a lower hashrate of 50 exahashes per second, […]
Cango reports significant Bitcoin acquisition in July, enhancing its corporate treasury
Cango’s Crypto Production Takes Off After divesting its automotive financing divisions to concentrate on Bitcoin mining, CANGO (CANG) has notably ramped up its crypto output. The company seems to be benefiting from its recent acquisition of Bitmain mining rigs, which enhances its competitive edge in the industry. Data from Farside Investors reveals that Cango mined […]
Growth in the services sector slows in July
Economic Activity in Services Sector Declines Slightly Economic activity within the services sector saw a modest decline in July. Businesses appeared hesitant to make new purchases due to ongoing policy uncertainties. The Purchasing Manager Index, from the Supply Management Institute, decreased by 0.7% from June, landing at a level of 50.1% for July. According to […]
Disappointing July jobs data raises expectations for a Fed rate cut in September
Lisa Shalett, Chief Investment Officer at Morgan Stanley Wealth Management, recently joined a discussion to evaluate how investors perceive the market after conflicting employment reports. The recent employment data has led the market to increasingly anticipate interest rate cuts by the Federal Reserve at their upcoming meeting in September. This change follows the Federal Open […]