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The Latest Breaking News from Seema Shah

Jerome Powell’s job just got a whole lot easier as inflation data sidesteps disaster

July inflation data suggests the FOMC’s dual mandate may not be in as much of a pickle as economists previously feared.

The forecast for the U.S. economy looks cloudy as inflation rises: 'It would be wise for the Fed to remain on the sidelines'

The forecast for the U.S. economy looks cloudy as inflation rises: 'It would be wise for the Fed to remain on the sidelines'

The effects of President Donald Trump’s tariff policy are beginning to worm their way through the economy.

‘Leave Measles Out of Spring Break’: California coast city releases PSA to try and slow virus spread

‘Leave Measles Out of Spring Break’: California coast city releases PSA to try and slow virus spread

Fears of continued spread of the virus come as the West Texas outbreak grows

The Independent UK

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Rate cut hopes are fading fast as inflation data and record egg prices make 'very uncomfortable’ reading for Jerome Powell

Data isn’t stacking up for a Fed rate cut, multiple regional presidents have hinted, as January’s CPI report makes for “uncomfortable” reading for Powell.

Elon Musk's X is hemorrhaging users to Threads and Bluesky. Welcome to the era of social media fragmentation

Many high-profile X users are leaving after Elon Musk's efforts to elect Donald Trump, adding to a new era of fragmented social media.

Dating Apps Move To Friend Zone In Search Of Profits

Burnt-out love-seekers are shunning dating apps in their millions, but the apps are trying to woo them back with a counter offer: If you don't want a lover, perhaps you just need a friend?

International Business Times

Amazon Has A Flashy New Rival In PDD's Temu Shopping Site. It Should Take The Threat Seriously.

Temu emerged from nowhere to become an e-commerce force with aggressive marketing and super-low prices. And Amazon stock watchers are thinking the unthinkable.

Investors Business Daily

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Here's what could happen in markets if the U.S. defaults. Hint: It won't be pretty

Here's what could happen in markets if the U.S. defaults. Hint: It won't be pretty

Investors are still hopeful that lawmakers will clinch a deal to raise or suspend the debt ceiling. That's because failure to do so could have devastating consequences in markets.

A 'muted' Prime Day? Enthusiasm for Amazon's big sale may be fading

As customers put the final touches on their Amazon Prime Day shopping list, some analysts and researchers are cautioning the e-commerce retailer's biggest sale might not bring the same flood of customers and cash as it has in the past.

Tribune News Service

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