Republicans are dismissing affordability. That could be a problem in November
President Donald Trump quipped that affordability was “devised” by Democrats, while Vice President JD Vance said groceries “cost what they cost.”
Apple sets iPhone launch event for Sept. 9, first under new CEO John Ternus
Analysts expect the company to launch new iPhones and Apple Watches at the event, including the company’s first folding phone
SpaceX is ‘attractively valued’ after $100 billion Louisiana spaceport plan, Morgan Stanley says
Investors aren’t appreciating the full scope of the rocket maker’s plan to build a $100 billion spaceport in Louisiana.
Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.
Mortgage rates hit highest level in 3 weeks, weakening demand further
Mortgage rates rose again last week causing demand for both refinances and purchase loans to drop. Rates climbed to their highest level in three weeks.
Iran says the U.S. is standing in the way of Hormuz deal amid talks with Oman
Iran and Oman are approaching a deal to secure safe transit through the Strait of Hormuz and future administration of the vital economic artery.
Instagram chief Mosseri says in social media addiction trial he doesn’t tell team to ‘hide anything’
Instagram chief Adam Mosseri testified during a federal trial that he doesn’t direct employees to withhold information that could pose legal risks to Meta.
Here’s why markets are starting to care about the 2026 election 10 weeks out
Wall Street analysts are tuning in 10 weeks ahead of the Nov. 3 election with concerns about risks to investors depending on how the U.S. results turn out.
SpaceX plans to build a $100 billion spaceport in Louisiana
SpaceX plans to establish its Starbase, LA in Vermilion Parish, which will “support thousands of launches annually.”
Investor competition for commercial real estate sees strongest growth in a year
Even though macro uncertainty and volatility continue to show up in the broader economy, bidding keeps rising, according to JLL.
