Wall Street futures rise ahead of inflation report as the Fed watches surging costs

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Economists expect CPI to slow to 3.4% from June's 3.5%, while strong quarterly results boosted Super Micro and other AI data-center suppliers…

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CNBC Markets•

Here are five key takeaways from the July CPI inflation report

Readings for July on the prices consumers pay for goods and services came in pretty much on target.

Brief by WorldPing · Original reporting by CNBC Markets

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BBC News•

US inflation eases as food and fuel costs cool

Annual US inflation dipped to 3.4% in July, with food costs slowing and housing keeping prices slightly higher.

Brief by WorldPing · Original reporting by BBC News

CNBC Markets•

An inflation report Wednesday should be a big deal for the Fed. Here's what to expect

The consumer price index is expected to show only a modest increase for July.

Brief by WorldPing · Original reporting by CNBC Markets

CNBC•

Wendy's stock jumps on report of potential takeover bid from Nelson Peltz's Trian Fund Management

Peltz's relationship with Wendy's dates back to an activist campaign he led more than two decades ago.

Brief by WorldPing · Original reporting by CNBC

WorldPing

The Guardian•

Josh Kushner and Bob Iger reportedly buying Los Angeles Lakers for $12.5bn

Mark Walter bought team last year for $10bn Iger and Kushner aim to ‘compete at the highest level’ Josh ⁠Kushner and Bob Iger ⁠are purchasing ⁠the ​Los Angeles Lakers for more ⁠than $12.

Brief by WorldPing · Original reporting by The Guardian

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The Guardian•

US inflation cooled slightly to 3.4% in July but prices still elevated

Energy is cheaper than at its peak in late April, but gas is still nearly $1 a gallon more expensive than before the Iran war US consumer prices cooled slightly in July as the annualized inflation rate dipped down to 3.

Brief by WorldPing · Original reporting by The Guardian