Rather than fuel, it was food, shelter and medical services that drove costs higher in August, slapping a costly tax on those least able to afford it.Story Published at: September 13, 2022 at 07:54PM
Inflation isn’t just about fuel costs anymore, as price increases broaden across the economy
Howard Schultz tells Cramer: China will overtake U.S. as Starbucks’ biggest market by 2025
Schultz believes Starbucks’ (SBUX) best days are still ahead, and the company’s investor day presentation makes it easy to see why.Story Published at: September 13, 2022 at 11:53PM
Nintendo shares jump 5% after new game Splatoon 3 hits Japan sales record
The title’s success eased fears about an industry slowdown after a pandemic-fueled boom that saw people spend more time at home playing games.Story Published at: September 13, 2022 at 08:41AM
Apple plans new spots for ads in App Store by the end of the year
The expansion comes as Apple’s advertising business is under increasing scrutiny. Story Published at: September 13, 2022 at 10:19PM
Nikola founder Trevor Milton stands trial on fraud charges, capping a stunning rise and fall
The founder of electric semitruck maker Nikola Motor is standing trial on fraud charges related to statements he made about the company’s technology and products.Story Published at: September 13, 2022 at 09:58PM
Ferrari just revealed its first-ever 4-door sports car, a high-riding and powerful coupe called the Purosangue
Ferrari’s new Purosangue is an SUV-like sports model, with four doors and a powerful V-12 egnine.Story Published at: September 13, 2022 at 07:17PM
At least 17 million people in Europe suffered long Covid in first 2 years of pandemic, WHO report says
At least 17 million people in Europe suffered from long Covid within the first two years of the pandemic, according to a new study released Tuesday.Story Published at: September 13, 2022 at 04:38PM
Inflation rose 0.1% in August even with sharp drop in gas prices
The consumer price index for August was expected to decrease 0.1% from the previous month and increase 8% from a year ago, according to Dow Jones.Story Published at: September 13, 2022 at 01:34PM
Russia’s defeats in Ukraine have strategists worried about Moscow’s next steps
Moscow now faces a “stark choice,” according to one strategist: face humiliating defeat and sue for peace, or resort to extreme measures.Story Published at: September 13, 2022 at 11:22AM
Tuesday’s inflation report could show prices moderating as gasoline and travel costs fall
Inflation is still hot but is expected to have moderated in August as gas prices dropped, supply chains improved and the cost of travel fell.Story Published at: September 12, 2022 at 11:56PM