• August 30, 2024

Stock market today: Wall Street leans toward more gains ahead of important U.S. inflation update

Wall Street pointed toward gains early Friday ahead of a highly anticipated inflation update from the U.S. government. Futures for the S&P 500 were up 0.4% before the bell, while futures for the ...

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• August 30, 2024

Inflation is causing pet parents to pull back on treats, says J.M. Smucker’s CFO

Good morning. A snack to fit your mood, a sandwich for lunch, or even giving your dog a treat, are just some of the “consumer occasions” that J.M. Smucker Company strives to supply, says CFO Tucker ...

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• August 30, 2024

U.S. home prices forecast to rise modestly as Fed cuts rates - Reuters poll

By Sarupya Ganguly BENGALURU (Reuters) - U.S. home prices will rise relatively modestly this year and next despite tight supply and expected U.S. Federal Reserve interest rate cuts, according to ...

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• August 30, 2024

Stock market today: US futures climb in wait for Fed-favored PCE inflation print

US stocks climbed before the bell on Friday, poised to end a wobbly week on a high note as investors eager for a rate cut awaited a key reading of the Federal Reserve's preferred inflation gauge. ...

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• August 30, 2024

World stocks end turbulent month higher as U.S. inflation data looms

By Naomi Rovnick LONDON (Reuters) - Global stocks rose on Friday and were set for a fourth straight month of gains despite a bout of heavy selling in early August, boosted by U.S. growth data tha...

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• August 30, 2024

Italy is mulling a €25-a-night tax for tourists staying at its most expensive hotels to turn overtourism into economic gain

It feels great to be popular—until the fame gets out of hand. That’s become Italy’s battle this summer. With hundreds of millions of tourists flocking to the sunny European destination this sum...

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• August 30, 2024

Nvidia's stumble is hardly a reckoning of AI spending: Morning Brief

This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: Nvidia's ( NVDA ) boosters keep saying the A...

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• August 30, 2024

Disney CEO Bob Iger says he's 'obsessed' with finding his replacement. The clock is ticking.

Disney ( DIS ) CEO Bob Iger is hard at work searching for his replacement. "I think it would be safe to assume that I think about [CEO succession] all the time," he said on a podcast with Ke...

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• August 30, 2024

Oil Holds Gain on Positive US Economic Data, Libya Disruptions

(Bloomberg) -- Oil steadied to end the week after positive US economic data and worsening supply disruptions in Libya buoyed prices. Brent for October traded around $80 a barrel after climbing 1....

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• August 30, 2024

South Africa’s Rand Surges to 13-Month High on Economy Optimism

(Bloomberg) -- The rand climbed to a 13-month high on Friday, riding a wave of optimism about South Africa’s economy and also buoyed by expectations of imminent Federal Reserve interest-rate cuts. ...

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