Makhbubakhon Ismatova/iStock via Getty Images Listen below or on the go on Apple Podcasts and Spotify Bureau of Labor Statistics recalls workers to get September inflation data ready — report. (00:22) Meet the brands that teenagers like the most: TikTok, Roblox, Yeti, Alani Nu, Sephora, and more. (01:35) Instagram (META) boss 'exploring' a separate TV app for video content - report. (02:22) This is an abridged transcript. We begin with an update on the shutdown specifically as it relates to next week ...

The Fed's Preferred Inflation Gauge Inflation remains a hot topic, directly impacting everything from your grocery bill to interest rates. As of August 2025, two key inflation gauges — the Personal Consumption Expenditures (PCE) Price Index and the Consumer Price Index (CPI) — show that prices are still above the Federal Reserve's 2% target, with the core PCE at 2.9% and core CPI at 3.1%. The Fed is on record as using PCE data as its primary inflation gauge, with a 2% target rate. Elsewhere, the Fed has str ...

When politicians talk about the economy, they rarely stick to the fine print. A recent segment from economist and TV host Larry Kudlow praised what he called "The Trump Effect", a mix of tax cuts, market optimism and a blue-collar boom. It sounds exciting but Kudlow has also previously been singled out by decision scientists as a "consistently wrong" pundit[1], so what's the truth? Must Read What Kudlow argued Kudlow’s look at revised government data that showed U.S. GDP growing at 3.8% during the se ...

For decades, the Consumer Price Index (CPI) has measured the cost of living in America.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.However, this figure doesn’t tell the full story about inflation, former U.S. C ...

Market Overview - U.S. stocks experienced an upward trend, with the Nasdaq Composite gaining over 150 points on Thursday. The Dow increased by 1.32% to 46,089.25, the NASDAQ rose by 0.72% to 22,044.49, and the S&P 500 climbed by 0.80% to 6,584.57 [1] - Consumer discretionary shares saw a notable increase of 1.6% on Thursday, while communication services stocks fell by 0.2% [1][2] Company Earnings - Kroger Company reported second-quarter adjusted earnings per share of $1.04, surpassing the analyst consensus estimate of 99 cents. Quarterly sales reached $33.94 billion, slightly below the consensus of $34.102 billion [3] - Kroger raised its FY25 adjusted EPS outlook to a range of $4.70–$4.80, up from the previous range of $4.60–$4.80, compared to the analyst consensus of $4.77. Adjusted identical sales without fuel are expected to increase by 2.7%-3.4%, an improvement from the prior estimate of 2.25% – 3.25% [4] Stock Movements - MOGU Inc. shares surged by 110% to $5.24 after the company approved a strategic allocation of up to $20 million to digital currencies [10] - Opendoor Technologies Inc. saw its shares increase by 56% to $9.17 following the appointment of a new CEO and the return of co-founders to the board [10] - Vince Holding Corp. shares rose by 92% to $3.1908 after reporting better-than-expected quarterly results [10] - Conversely, Robin Energy Ltd. shares dropped by 41% to $1.3501 due to a $7.5 million public offering announcement [10] - Avidity Biosciences, Inc. shares fell by 19% to $37.42 after announcing a $500 million common stock offering [10] - The Lovesac Company experienced a decline of 14% to $17.89 after cutting FY2026 GAAP EPS guidance and narrowing its sales outlook [10] International Markets - European shares showed positive movement, with the eurozone's STOXX 600 rising by 0.47%, Spain's IBEX 35 Index increasing by 0.57%, and London's FTSE 100 up by 0.70% [8] - Asian markets closed mostly higher, with Japan's Nikkei 225 gaining 1.22%, China's Shanghai Composite rising by 1.65%, while Hong Kong's Hang Seng fell by 0.43% [11]

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 150 points on Thursday.The Dow traded up 1.32% to 46,089.25 while the NASDAQ rose 0.72% to 22,044.49. The S&P 500 also rose, gaining, 0.80% to 6,584.57.Check This Out: Adobe Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings CallLeading and Lagging SectorsConsumer discretionary shares jumped by 1.6% on Thursday.In trading on Thursday, communication services stocks f ...

Core Insights - Inflation increased to 2.9% annually in August, up from 2.7% in July, aligning with economist expectations [1] - Month-over-month, prices rose by 0.4% in August, compared to a 0.2% increase in July, driven by higher gasoline and food prices [2] - Core inflation remained steady at 3.1% year-over-year, with a monthly increase of 0.3%, matching July's performance [2] Federal Reserve Implications - The Federal Reserve is considering its next interest rate move, with markets anticipating a quarter-point cut despite rising prices [3] - The likelihood of a larger half-point reduction has increased due to revisions indicating the US economy added 911,000 fewer jobs than previously reported [4] - Following the inflation report, traders are pricing in a 92% chance of a quarter-point cut and an 8% chance of a half-point cut by year-end [5] Wholesale Inflation Data - Producer prices fell by 0.1% in August, marking the first decline in four months, suggesting businesses are absorbing some tariff costs [6] - The lack of stronger price pressures indicates potential softening in domestic demand amid a weakening labor market [6]

Economic Indicators - Stock index futures are showing positive movement with S&P 500 futures up by 0.2%, Nasdaq 100 futures up by 0.2%, and Dow futures up by 0.1% as investors anticipate the retail inflation report [3] - The 10-year Treasury yield remains unchanged at 4.06%, while the 2-year yield is flat at 3.56% [4] - The Consumer Price Index (CPI) for August is expected to rise by 0.3% month-over-month, up from 0.2% in the previous month, with a year-over-year increase anticipated at 2.9%, compared to 2.7% in July [4] Gun Industry - Gun stocks have seen a rise following the shooting of conservative activist Charlie Kirk, with Smith & Wesson up 4.9% in premarket trading after a 6.7% increase on Wednesday [5][7] - American Outdoor Brands closed 5.3% higher and is slightly up in premarket, while Sturm, Ruger closed with a 3% gain and is up 7.4% postmarket [7] - The shooting incident is expected to drive demand for stricter gun control laws, historically leading to increased demand for firearms [6] Technology and Robotics - Ant Group has introduced its first humanoid robot, the R1 model, which can perform various tasks including serving as a tour guide and sorting medicine [8] - The R1 robot was demonstrated at the 2025 Inclusion Conference in Shanghai and is designed for end-to-end planning of complex assignments [8] Corporate Developments - Opendoor Technologies shares surged by 40% after the appointment of former Shopify COO Kaz Nejatian as CEO, with co-founders returning to the board [10] - Khosla Ventures and co-founder Eric Wu will invest $40 million in Opendoor through a private placement to support business growth [10]

Group 1 - Bond traders are preparing for a significant US inflation report that could impact expectations for Federal Reserve interest-rate cuts starting this month and extending into 2026 [1][2] - Recent soft jobs data and tame producer-price figures have led traders to anticipate a quarter-point reduction at the Fed's upcoming meeting, with potential for two more cuts by year-end [1][3] - The market has shifted to favor a scenario where rates could be slashed below neutral levels to stimulate growth and avert a recession [1][2] Group 2 - There has been a notable change in trader sentiment, as they previously hesitated to bet on significant easing due to persistent inflation concerns [2] - The upcoming consumer-price index report is expected to show a core annual reading above the Fed's target, increasing scrutiny on inflation [2][3] - A slowing jobs market has led to expectations of a more aggressive rate-cutting trajectory, with economists now predicting a quarter-point cut at each of the remaining three meetings this year [3][4] Group 3 - A report indicated that producer prices unexpectedly fell in August, contributing to a drop in yields on two-year Treasuries, which are closely linked to Fed policy outlook [4] - The unexpected drop in producer prices did not hinder expectations for Fed easing, although components affecting personal consumption expenditures were less dovish [4]

A projected illumination marking the 75th anniversary of the Schuman Declaration, on the Grossmarkthalle building at the European Central Bank headquarters in Frankfurt, Germany, on May 9, 2025.LONDON — European stocks are expected to open in mixed territory Thursday as investors await the latest rate decision and update from the European Central Bank.The U.K.'s FTSE index is seen opening 0.13% higher, Germany's DAX 0.14% lower, France's CAC 40 flat and Italy's FTSE MIB slightly lower, according to data fro ...