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US News

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Dell stock jumps on RBC initiation, now up nearly 350% in 2026

TazaPulseSeptember 11, 2026

Dell Technologies Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Aug. 12, 2026. Michael Nagle | Bloomberg | Getty Images Dell Technologies stock rose 10% during trading on Friday after RBC Capital Markets initiated coverage of the computer maker and gave it an outperform rating...

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Consumer outlook plunges in September as inflation outlook worsens

TazaPulseSeptember 11, 2026

Beef products are offered for sale at a grocery store on Sept. 10, 2026 in Chicago, Illinois. Scott Olson | Getty Images Consumer sentiment plunged in September amid heightened inflation fears, hitting its second lowest level on record on the University of Michigan’s monthly survey released Friday. The survey’s headline index hit a level of...

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Hot CPI puts Warsh’s credibility on the line before rate call: Analysis

TazaPulseSeptember 11, 2026

Warsh hasn’t promised any particular action on rates, but he recently laid out a case that the Fed will need to raise interest rates if inflation doesn’t moderate. He arguably preserved the wiggle room to keep rates flat if he and the rest of the Fed choose not to act at their Sept. 15-16 meeting....

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CPI inflation report August 2026:

TazaPulseSeptember 11, 2026

Prices for a wide swath of goods and services continued to climb in August, according to a report Friday that could be the deciding factor on whether the Federal Reserve raises interest rates next week. The consumer price index rose a seasonally adjusted 0.4% for the month, putting the 12-month increase at 3.4%, the Bureau...

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Trump dismisses AI extinction fears amid warnings from OpenAI, Anthropic researchers

TazaPulseSeptember 11, 2026

U.S. President Donald Trump has dismissed warnings that AI could pose an existential threat to humanity, after a wave of insiders at frontier labs Anthropic and OpenAI stepped up public warnings of risks from the technology. When asked if he had concerns about AI leading to human extinction, Trump said, “No, I don’t have any.”...

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PPI inflation report August 2026:

TazaPulseSeptember 11, 2026

U.S. wholesale prices rose in August, according to a report Thursday that could play a key role in the Federal Reserve’s upcoming interest rate decision. The producer price index, a measure of final demand costs for goods and services, increased a seasonally adjusted 0.4% for the month, in line with the Dow Jones consensus, the...

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Oracle (ORCL) Q1 earnings report 2027

TazaPulseSeptember 11, 2026

Oracle shares jumped 7% in extended trading on Thursday after the software vendor issued stronger-than-expected quarterly results. Here’s how the company performed relative to LSEG consensus: Earnings per share: $1.92 adjusted vs. $1.74 expected Revenue: $19.35 billion vs. $19.14 billion expected Oracle’s revenue grew 30% year over year in the fiscal first quarter, which ended...

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Friday’s CPI inflation report is even more important than usual. Here’s what to expect

TazaPulseSeptember 11, 2026

A report due out Friday morning will be the last piece of the inflation puzzle the Federal Reserve will get before making its decision on interest rates next week. The Bureau of Labor Statistics will release the August consumer price index report at 8:30 a.m. If the Dow Jones consensus is correct, the report will...

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Elon Musk’s Boring Co. turns to UAE for growth, hits $23B valuation

TazaPulseSeptember 10, 2026

Elon Musk has expanded a number of his companies within Texas, including Tesla, SpaceX, the Boring Co. and Neuralink. Tesla broke ground on a lithium refinery in Texas earlier this year with Governor Greg Abbott in attendance. Christophe Gateau | Picture Alliance | Getty Images Between taking SpaceX public in the largest IPO on record...

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30-year fixed mortgage rate tops 7% for the first time in over a year

TazaPulseSeptember 10, 2026

Homes in Pinole, California, US, on Thursday, Sept. 3, 2026. Davis Paul Morris | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage crossed over 7% on Thursday for the first time since May 2025, hitting 7.07%, according to Mortgage News Daily. That is an increase of 10 basis points from...