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S&P 500 Jumps To Fresh All-Time Highs After Inflation Data: Investor Sentiment Improves, Fear Index Remains In ‘Greed’ Zone
U.S. stocks closed higher on Tuesday, with the S&P 500 hitting new record highs after July’s inflation data eased fears. Dow up 484 points. read more
EV Sales Surge In Europe, China — Tesla Slips While BYD Grows 300% In UK
Global EV sales in July reached 1.6 million, with China leading the way. Despite declines in some markets, overall growth was 21% YoY. read more
US National Debt Hits Historic $37 Trillion, Surpassing Pre-Pandemic Projections—’Piling Up At A Rapid Rate,’ Warn Economists
The U.S. national debt has reached an all-time high of $37 trillion, as reported by the Treasury Department. This staggering figure highlights the growing debt burden on the American economy and its taxpayers. read more
Brinker International, Cisco And 3 Stocks To Watch Heading Into Wednesday
US stock futures mixed, Brinker, Performance Food, CarParts.com report earnings. CoreWeave and Cisco also report. read more
Stagflation-Lite Concerns Grow As July CPI Shows Persistent Core Inflation But Markets Bet On September Rate Cut
July’s CPI data pits rising inflation against a weak job market, fueling debate on a September Fed rate cut and “stagflation-lite” fears. read more
Peter Thiel-Backed 180 Life Sciences Surged 228% On Ethereum Holdings, ETHZilla Rebrand; Rally Continues After Hours
180 Life Sciences Corp. (NASDAQ:ATNF) is trending on Wednesday after gaining approximately 228.45% for the day. Check out the current price of ATNF stock here. read more
Mark Cuban Calls For Billionaires’ Tax On Soaring US Stock Buybacks As Georgetown Professor Warns About Path To Decline And Defeat
U.S. stock buybacks are set to reach a record $1.1 trillion in 2025, prompting Mark Cuban to call for a billionaires tax on buybacks to encourage reinvestment, while expert Rush Doshi warns that the buyback trend signals America’s risk of deindustrialization compared to China’s investment-focused approach. read more
Trump Administration Threatens Fines, Jail For Washington’s Homeless, Bernie Sanders Says Do This Instead
Trump admin to clear homeless encampments in DC: Fines or jail time for those who refuse shelter or services. Sanders calls for affordable housing and rent caps. read more
Delta Air Lines, Aeromexico Seek Extension To Wrap Up US-Mexico Antitrust Alliance Amid DOJ Opposition
Delta Air Lines Inc. and Grupo Aeromexico requested a five-month extension to wind down their controversial joint venture. read more
Elon Musk’s $56 Billion Tesla Pay Showdown Heads To Delaware Supreme Court In October
Delaware court to hear arguments over Elon Musk’s $56 billion pay package on Oct 15 amid new $29 billion package announced by Tesla. read more