International Business Times

Another Inflation Data Showed Signs Of Cooling. Stocks Continued To Rise

Stocks rose on Wednesday after another piece of data showed signs that inflation cooled in June.

SpaceX Surged After Its Stock Made Its Debut. Its Price Has Now Dropped Below The IPO Level
Inflation Rose Less Than Expected Last Month. Now A Top Trump Official Says The Fed Must Act Accordingly

SpaceX Surged After Its Stock Made Its Debut. Its Price Has Now Dropped Below The IPO Level
SpaceX's stock briefly dropped below its IPO price on Wednesday.
Inflation Rose Less Than Expected Last Month. Now A Top Trump Official Says The Fed Must Act Accordingly
National Economic Council Director Kevin Hassett said there is no argument to raise interest rates after inflation rose less than expected in June.
Inflation Cooled More Than Expected In June. Now A Fed President Says Price Increases Have 'Peaked'
New York Fed President John Williams said he sees multiple signs that inflation has peaked.
Renewed U.S.-Iran Clashes Again Cast Uncertainty Over Energy Markets. The ECB Is Bracing
The ECB will reassess its interest rate decision next week as a result of renewed clashes between the U.S. and Iran, Bundesbank President Joachim Nagel said.
Stripe Wants To Buy PayPal In A $53 Billion Deal, Sending Its Shares Soaring.
PayPal shares surged Wednesday after Stripe and private equity firm Advent International submitted a joint offer worth more than $53 billion for the company that helped bring digital payments into mainstream online commerce.

Anthropic Has Warned AI Could End Civilization. Now They're Hiring People To Prevent Exactly That.

The roles include enforcement analysts specializing in radiological and nuclear harm, chemicals and explosives, cybercrime, financial scams, and other high-risk areas.

The Spotlight

The massive miss on jobs creation fanned fears about the US economy

The Job Market Is Stable But Workers Say It Feels Frozen: Report

Economy in Focus

Anthropic Is Moving Toward a Mega-IPO. Then It Could Reshape the AI Investment Race.
Bankers leading Anthropic's IPO preparations have started arranging meetings with institutional investors to gauge demand before a formal roadshow and eventual share sale.
- The Fight Over AI Regulation Is Now Happening Inside The Industry Itself
- Anthropic Has Warned AI Could End Civilization. Now They're Hiring People to Prevent Exactly That.
Inflation Cooled More Than Expected. Traders Now Think the Fed Will Hold Rates Steady in July
The Consumer Price Index (CPI) rose 3.5% over the past 12 months through June, slowing from the 4.2% annual increase recorded in May.
- Trump Gives Up Plan To Charge For Hormuz Strait Passage. Oil Is Giving Up Gains
- The Stock Market Keeps Climbing. But the U.S. Economy is Moving at a Slower Pace

Britain Is Changing How It Taxes Crypto. DeFi Users Will No Longer Face Immediate Capital Gains Bills.

The United Kingdom is overhauling the way it taxes certain cryptocurrency transactions, becoming one of the first major economies to formally recognize that lending digital assets and participating in decentralized finance liquidity pools do not always represent a meaningful change in ownership.

Contributor

7 Must-Have Webflow Apps to Turn a Website into a Revenue Engine

Discover seven essential Webflow apps that transform any site into a revenue engine. Our live chat pick: Text, the AI customer service platform that captures buying signals already hiding in your support queue.

Contributor
From Robotaxi Fleets to Simulation Labs: One Engineer's Journey
Akshat Gattani has spent most of his career inside that hidden layer. First at a major robotaxi operator, and now as a technical program management leader at a Sunnyvale-based company powering physical AI across automotive, defense, trucking, mining, construction, and agriculture.
Contributor
Kinect Real Estate Partners Launches Opportunity Zone Fund Around Shovel-Ready Gresham Site
Fund is a single-project vehicle: investors know the site, the entitlement status, and the submarket before they commit, rather than betting on a pipeline that will be assembled over several years.