WorldPingCNBC World
Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%
The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.
Brief by WorldPing · Original reporting by CNBC World
Al Jazeera
US consumer inflation slows in July as energy prices briefly retreat
Energy prices declined 1.5 percent in July but remain 14.7 percent higher compared with a year ago.
This is a short WorldPing brief. The full report was published by Al Jazeera.
Read the full report at Al JazeeraRelated news
CNBC Markets
'Nobody wants it': Lettuce prices see record-setting plunge as cyclospora spooks consumers
Lettuce prices posted their sharpest month-over-month decline on record as diners reconsider the vegetable amid the cyclospora outbreak.
Brief by WorldPing · Original reporting by CNBC Markets
CNBC World
AI’s costly build-out complicates the Fed’s inflation fight
Tech leaders say AI will drive down costs. But slow corporate adoption and the data center build-out create inflation pressures that complicate the Fed’s job.
Brief by WorldPing · Original reporting by CNBC World
WorldPingThe Guardian
Coalition plan to scrap energy rules for new houses condemned as ‘cost-of-living timebomb’
Proposal to cut building costs by scrapping the construction code would increase bills for the poorest households, critics say Get our breaking news email , free app or daily news podcast A Coalition plan to abolish compulsory energy standards for ne…
Brief by WorldPing · Original reporting by The Guardian
CNBC World
India’s inflation accelerates to 4.45% in July, raising hopes of a rate hike later this year
India's inflation rises for the ninth month in a row, raising the odds in favor of a rate hike later this year.
Brief by WorldPing · Original reporting by CNBC World
WorldPingBitcoin.com
Bitcoin Flat Near $63,400 After Mild US Inflation Drop
Bitcoin stabilized near $63,400 on Wednesday following a volatile intra-day move between $63,317 and $64,400, leaving its market cap unchanged at $1.27 trillion.
Brief by WorldPing · Original reporting by Bitcoin.com