CPI in the United States fell for a third straight month to 3.0% in June from 3.3% in May of 2024. Core consumer prices in the US increased by 3.3% in June of 2024 over the same month in the previous year, down from 3.4% in May.
Compared to the previous month, the CPI unexpectedly declined 0.1%, following a flat reading in May and compared to expectations of a 0.1% rise. Core CPI monthly rate edged down to 0.1% from 0.2%, below expectations of 0....

Food costs were up 4.3% compared with one year ago, down from 4.9% YoY compared to last month.
Energy costs decreased by 3.6% YoY but increased by 5.6% MoM.
Used cars and trucks prices decreased by 6.6% YoY.
Shelter costs were up 7.3% compared with one year ago, down from 7.7% YoY compared to last month.

Lots of attention will be on Apple’s event tonight as it’s the largest US-listed company.
Right now, there are two so called overhang. One is the recent restrictions set by the China government. Second is the ever increasing competition.
It has been a while since Apple has a breakthrough innovation. Let’s see if the company can bring us some positive surprise today
Also, they say Apple is a market moving company / stock. Will be interesting to see how much it can m...

The Bureau of Labor Statistics will release the August CPI at 8:30 ET on Wednesday. The Federal Reserve will be on the lookout for signs that broader inflation trends continued to slow down in August—even as energy prices spiked. Bloomberg data shows headline CPI is expected to tick up to 3.6% year-over-year in August, up from 3.2% in July. This increase is mostly explained by higher global energy prices. Gasoline prices...

Prudent investors often prefer high-dividend stocks because companies that pay dividends consistently for several years tend to have robust operations and provide steady cash flow returns.
So how to identify high-dividend companies? We can examine their dividend payouts and their fundamentals.
Speaking of dividends, some investors focus solely on dividend yield, assuming higher yields are better. However, excessively high yields may be...

Ray Dalio, founder of the Bridgewater, recently wrote a report indicating the U.S. economy's reaction to the Fed's tightening of monetary policy has been different this time due to a government-engineered shift in wealth from the public sector and holders of government bonds to the private sector, making it relatively insensitive to the rapid tightening.
In the US and globally, the central governments' balance sheets and...