Prescription drug prices plunge at record pace, offering relief on inflation
We haven't written up this one. Seeking Alpha News has the full story — the link below goes straight to it.
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Inflation eases in July as gasoline and grocery prices fall
Consumer prices in July were up 3.4% from a year ago — a smaller annual increase than in May or June. The news makes it less likely the Fed will feel the need to raise interest rates in September.
UltraGreen.ai net profit rises 53% to US$39.2 million in H1, led by higher sales growth
Earnings per share stand at US$0.0356 for the period
Canadian Dollar steadies as US inflation meets expectations, Oil limits downside
USD/CAD trades around 1.3915 on Wednesday at the time of writing, virtually unchanged on the day with a modest decline of 0.06%.
Stocks rose after CPI matched forecasts. CoreWeave jumped 21% on AI demand
CoreWeave and Super Micro Computer earnings lifted AI-linked stocks, while cooling inflation reduced pressure on the Fed to raise rates
Let’s Talk About Cash…
An interesting article about investors carrying too much cash was in today’s Wall Street Journal. There’s nothing in the piece that is inaccurate or misleading; it’s just a little narrow and could use…
Investigation into seizure of 18 hectares of Stolychny market land completed - NABU
The National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAPO) have completed the pre-trial investigation into the seizure and subsequent legalization of 18…