Traders, investors and economists are all counting on Wednesday’s consumer-price index report to show a decline in the annual headline U.S. inflation rate for July. But there’s another figure buried in the consumer-price index data that has the propensity to jolt markets. It’s called the core year-over-year CPI reading, a measure which strips out volatile …
We are a day away from data that could prove a turning point for markets. If Wednesday’s CPI doesn’t reveal some slowing in prices, expectations will rise for a bigger Fed rate hike in September, possibly knocking stocks. But if it swings the other way, especially after surprisingly good jobs data, the view that things …
By Chuck Johnston, CNN Business & Monica Casey, WRAL Durham reporter CNN — Following a miserable weekend for travel, Monday isn’t looking much better. Another wave of airline cancellations and delays is taking its toll on passengers across the United States on Monday. According to the flight tracking website FlightAware, about 500 US flights had …
The amount of Social Security income you’ll receive on a monthly basis depends not only on your income during your working years but also when you claim your benefits. The longer you wait, the more you’ll receive — up until age 70. Your full retirement age or FRA (66 to 67, depending on your birth …
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN Business — After the Federal Reserve’s July meeting, investors quickly reached a consensus: The central bank was turning slightly dovish. After embarking on an aggressive rate-hike spree this year in …
The market read the Federal Reserve all wrong | CNN Business Read More »
At any given time, millions of workers are overdue on at least one bill. But it is the rare employer that is late in cutting its paychecks or that bounces them altogether. Therein lies an opportunity for lending companies like Kashable and OneBlinc and for retailers that do business at sites like payrolljewelry.com and purchasingpower.com: …
The Companies That Take Money Straight From Your Paycheck Read More »
Text size Former Twitter CEO Jack Dorsey leads Block. Marco Bello/AFP via Getty Images Block’s stock price has wobbled in the wake of the fintech company’s second-quarter earnings, but there remain multiple reasons to be upbeat, according to analysts. Founded and led by former Twitter (ticker: TWTR) CEO Jack Dorsey, shares in Block ( SQ …
Block Stock Wobbles After Earnings. Why Analysts Are Upbeat. Read More »
New York CNN Business — Heists continue to plague the crypto world, with news of large sums stolen from digital currency firms seemingly every month. But while crypto exchanges were once the main point of attack, hackers now appear to have a new target: blockchain bridges. Bridges are the infrastructure that allow users to exchange …
Another crypto bridge attack: Nomad loses $190 million in ‘chaotic’ hack | CNN Business Read More »
Two Windham residents are facing a number of charges for their alleged involvement in a multi-million dollar money laundering ring.The Department of Justice says Windham residents Shi Rong Zhang, 48, and Qiu Fang Zheng, 59, were part of a large scale operation that laundered tens of millions of dollars worth of drug trafficking proceeds at …
Pair of New Hampshire residents indicted in multi-million dollar money laundering ring Read More »
Robert Triggs / Android Authority Yes, that’s a GameBoy case. A fully functioning GameBoy case, to be precise. Well, of sorts — it’s not an officially licensed Nintendo product. In fact, I doubt the manufacturer has the rights to market such a close likeness of the iconic handheld game console, let alone use the name …
This working GameBoy phone case is the ultimate time and money waster Read More »
