Some data in the market-moving CPI report was released early by the Labor Department
Information about Wednesday’s critical consumer price index release circulated early on the Bureau of Labor Statistics website.
Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
Americans are increasingly falling behind on their credit card payments, recent reports show.
How much money the U.S. spends on war
American military spending reached $916 billion in 2023, which accounts for more than a third of the world’s total military expenditure.
Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
Cisco reported a 13% drop in revenue for the fiscal third quarter, the steepest decline since 2009. But results still topped estimates.
Palo Alto Networks is buying security assets from IBM to expand customer base
Palo Alto Networks is buying IBM’s QRadar as part of a bigger partnership between the two companies.
Dell surges 11% on optimism it has secured big AI server orders
“All-in, we are hearing about more AI server momentum at Dell than at any other OEM,” wrote Morgan Stanley’s Erik Woodring.
‘We have to do what we have to do’: Israel’s Netanyahu stands firm on Rafah offensive despite U.S. tensions
Israeli Prime Minister Benjamin Netanyahu acknowledged tensions with historical ally the U.S. over the military operation in Rafah in the Gaza Strip.
Instagram co-founder Mike Krieger joins Amazon-backed Anthropic
Instagram co-founder Mike Krieger is joining Anthropic as the chief product officer. Anthropic is one of the hottest artificial intelligence startups.
Short squeezes driven by renewed meme enthusiasm about to violently reverse, says chart analyst
The short squeeze rally over the past two days appears close to a violent reversal, according to Wolfe Research.
Biden and Trump agree to debates on June 27 and Sept. 10
President Joe Biden previously said he was open to debating his Republican challenger, former President Donald Trump.
