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Here are five key takeaways from the July CPI inflation report

TazaPulseAugust 12, 2026

East Northport, N.Y.: Customers shop the produce section at the Farmer’s Market in East Northport, New York on Aug. 4, 2026. Steve Pfost | Newsday | Getty Images Readings for July on the prices consumers pay for goods and services came in pretty much on target Wednesday, driving traders to lower odds for a September...

Bob Iger, Joshua Kushner buy Los Angeles Lakers from Mark Walter

TazaPulseAugust 12, 2026

Joshua Kushner, founder of Thrive Capital (L), and Bob Iger during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Friday, July 10, 2026. Getty Images (L) | CNBC (R) The Los Angeles Lakers have sold — again. Less than a year after buying a controlling ownership stake in the...

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Solar eclipse sends Europe stays above $1,000 a night

TazaPulseAugust 12, 2026

Solar Eclipse on black sky background Artmim | Istock | Getty Images Hotel and short-term rental prices surged to over $1,000 a night in parts of Europe where a solar eclipse will be visible. The solar eclipse, which will be visible in the U.K., Iceland, northern Spain, Greenland and Portugal on Aug. 12, drove a...

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CPI inflation report July 2026

TazaPulseAugust 12, 2026

A shopper browses fresh fruit at a grocery store in Wilmington, North Carolina, US, on Saturday, Aug. 8, 2026. Allison Joyce | Bloomberg | Getty Images A key inflation reading Wednesday showed prices moderating across a range of goods and services, possibly taking the urgency out of an imminent interest rate hike. The consumer price...

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Mortgage rates finally stop rising, causing demand to trickle back

TazaPulseAugust 12, 2026

A “For Sale” sign outside a home for sale in Crockett, California, US, on Wednesday, June 17, 2026. David Paul Morris | Bloomberg | Getty Images After five weeks of gains, mortgage rates fell very slightly last week. That was enough to bring a bit of demand back to the market. Total mortgage application volume...

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Coreweave’s stock jumps 18% after a ‘cleaner quarter’— here’s why

TazaPulseAugust 12, 2026

Michael Intrator, co-founder and CEO of CoreWeave, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 27, 2026. Brendan McDermid | Reuters AI cloud giant CoreWeave was up in premarket trading on Wednesday after reporting that its second-quarter revenue doubled, driven by...

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CoreWeave (CRWV) Q2 earnings report 2026

TazaPulseAugust 12, 2026

CoreWeave CEO Michael Intrator participates in a Bloomberg Television interview during the World Economic Forum in Davos, Switzerland, on Jan. 20, 2026. Chris J. Ratcliffe | Bloomberg | Getty Images CoreWeave shares jumped 11% in extended trading on Tuesday after the AI infrastructure provider reported revenue than topped Wall Street expectations. Here’s how the company...

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

TazaPulseAugust 12, 2026

An important inflation report Wednesday could give the Federal Reserve a little breathing room in its battle against inflation. The consumer price index, due at 8:30 a.m. ET from the Bureau of Labor Statistics, is expected to show only a modest increase for July — 0.1% on the all-items headline number and 0.2% for the...

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Trump wants to split childhood shot up

TazaPulseAugust 11, 2026

President Donald Trump‘s latest executive order calls for splitting the measles, mumps and rubella, or MMR, vaccine into three separate shots – but doctors and other experts say that effort has no scientific basis and is unlikely to get off the ground. Trump on Monday said without evidence that the vaccine could be “quite lethal”...

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Manus to return as independent company after China blocks Meta deal

TazaPulseAugust 11, 2026

The Manus logo is displayed on a smartphone screen, with the Meta logo visible in the background. Cheng Xin | Getty Images News | Getty Images Manus said Tuesday it will “soon resume operating as an independent company,” after Chinese regulators in April demanded Meta unwind its $2 billion acquisition of the artificial intelligence startup....