Stocks rallied Tuesday, scaling back closer to the record levels seen last month before a sharp pullback, driven by this week's first batch of key U.S. inflation data. The producer price index — a measure of wholesale prices — increased 0.1% last month. Economists expected the reading to show a monthly gain of 0.2% in July, in line with the previous month's reading, according to Dow Jones consensus estimates.

Dow jumps 300 points as first of two major inflation reports this week comes in light: Live updates

The Motley Fool

The tech-centric index is taking a break from its relentless run, but some stocks in the Nasdaq have much further to climb, according to Wall Street.

2 Nasdaq Stocks to Buy Before They Soar as Much as 226% According to Select Wall Street Analysts

Stocks jumped Tuesday morning as wholesale inflation data rose less than expected, giving investors confidence that inflation is cooling off. The Producer Price Index (PPI), a gauge of wholesale prices, rose by 0.1% in July, below the 0.2% anticipated by economists. Year-over-year, the headline PPI climbed 2.2%, down from June’s 2.7% rise, the Labor Department’s Bureau of Labor Statistics reported.

The Dow jumps 250 points as wholesale inflation cools

Markets Insider

Stocks jumped after a cool PPI reading for July, setting the stage for consumer price inflation to show improvement when CPI is released Wednesday.

Stock market today: Indexes climb as producer inflation comes in cool

Reuters

NEW YORK/LONDON (Reuters) -Stocks jumped and bond yields fell on Tuesday after data showed U.S. producer prices increased less than expected in July, reinforcing market expectations that cooling inflation will allow the Federal Reserve to cut interest rates soon.

Stocks rise, bond yields drop on soft US PPI data

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Trailer Empire

The bond market has been buoyed by the Federal Reserve's recent hints that a rate cut may be on the horizon this September, leading to a noticeable drop in mortgage rates. Investors are reacting to the Fed's subtle language changes, anticipating a potential shift in monetary policy.

Mortgage Rates Plunge as Fed Signals Potential September Rate Cut

NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Wyoming State

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WyoFile

Fresh off a regulatory defeat, and amid ongoing legal battles and skyrocketing wildfire liability costs, Rocky Mountain Power is once again asking to charge its Wyoming customers more for electricity.

Rocky Mountain Power wants to hike rates again, this time by $123.5 million, or 14.7%

One Walmart shopper is issuing a warning against buying meat at the massive retail chain—but the reason why isn’t strictly tied to Walmart. It seems that customers at stores such as Walmart believe it's acceptable to grab perishable items, such as meat or dairy, and then place them on any available shelf if they decide they no longer want them.

Walmart customer shares why they will never shop for meat at the store leaving viewers torn

Stocks moved sharply higher Tuesday afternoon as investors digested better-than-expected inflation numbers, which kicked off several days of key economic reports that could provide clues on when the Federal Reserve will start cutting interest rates. The S&P 500 and Nasdaq Composite were up 1.2% and 1.9%, respectively, while the Dow...

Dow Jones Today: Major Indexes Up Sharply After Inflation Data; Tech Stocks Jump

Pompano Beach, FL

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Akeena

In a shocking revelation, Kings Mart, a grocery store in Pompano Beach, has been slapped with a series of severe health violations by the Florida Department of Agriculture. The inspection, carried out by Francis Odio, uncovered a disturbing range of problems that have led to the immediate closure of several sections of the store.

An inspection found bugs in the food and rodent poop on the shelves at a Florida grocery store

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Florida State

Jacksonville Today

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

WASHINGTON (Reuters) - U.S. producer prices increased less than expected in July as the cost of services fell by the most in nearly 1-1/2 years amid signs of diminishing pricing power for businesses, evidence of waning inflation pressures that reinforced hopes of an interest rate cut next month.

US producer inflation slows as pricing power diminishes

Gov. Ron DeSantis has issued a state of emergency in Northeast Florida and across much of the state as a tropical system appears almost certain to develop. The National Hurricane Center said Friday morning that a tropical wave has a 90% chance of developing into at least a tropical depression over the next seven days. Most models show it moving into the Gulf of Mexico and then coming ashore and crossing the state, possibly moving over Northeast Florida.

Tropical system is nearly certain to develop

Cooking With Maryann

This recipe is sooo tasty! It truly is for garlic lovers! It involves sautéing onions and mushrooms in butter and oil until golden, then adding wine to reduce. Garlic, thyme, and parsley are stirred in for flavor, followed by seasoning with salt and pepper. The dish is garnished with additional parsley and served warm, making for a savory, aromatic side. Here's what you'll need to make it:

Garlic Mushrooms in Brown Butter Herb Sauce

Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope for Tuesday, August 13th

Georgia State

Daily Coffee Press

The chances for the tropical wave in the Atlantic developing have now risen to 80% over the next seven days. The National Hurricane Center (NHC) has advised that this disturbance could become the next tropical storm or hurricane within the coming days, potentially targeting the U.S. East Coast.

Tropical Wave That Could Impact Georgia Now Has 80% Chance of Development

The gold price traded lower this week following the stock market volatility around the unwinding of the Yen carry trade. Gold recovered on Thursday, and this morning Vince Lanci looks at whether the sell-off is over. To find out what he's looking at and hearing so you're ready to close...

Is The Sell-off In The Gold Market Over?

960 The Ref

NEW YORK — (AP) — U.S. stocks are climbing Thursday after a better-than-expected report on unemployment eased worries about the slowing economy. The S&P 500 was rallying by 1.6% in morning trading, a day after a big early gain evaporated and flipped into a loss. The Dow Jones Industrial Average was up 510 points, or 1.3%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 1.8% higher.

Wall Street rallies, and Dow jumps 500 after an encouraging update on U.S. unemployment

NewsBreak

Bitcoin flat, stocks mixed, gold shines bright ahead of key inflation reports

NEW YORK (August 12) It was a volatile and choppy Monday for asset prices ahead of a busy week on the data front as traders largely...

Bitcoin flat, stocks mixed, gold shines bright ahead of key inflation reports

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