A survey of consumer sentiment survey reached a 22-month high of 71.6 in July, spearheaded by a slowdown in inflation and robust employment gains.
: Roku faces risk from Hollywood strikes — but Roku City might be able to help
As a streaming-media company that makes money from media companies, Roku is in a strange spot that could get more difficult with the ongoing Hollywood strikes.
The Ratings Game: Palantir is ‘the Messi of AI,’ Wedbush says, initiating coverage of the software maker
Palantir is “poised to be a major player in this AI revolution” Wedbush analyst Dan Ives said.
: Bernanke to lead review into Bank of England’s forecasting
The central banker who once said subprime was contained is leading the Bank of England’s review into its forecasting.
The Ratings Game: Intel offers a ‘breath of fresh air,’ but Wall Street still has concerns about the stock
Intel’s latest earnings — and the market’s reaction to them — are a study in relativity.
Economic Report: Consumer spending climbs again as Americans show confidence in the economy
Consumer spending rose 0.5% in June in a sign of confidence in the economy as inflation eased again and the U.S. continued to grow.
Economic Report: U.S. inflation eases again, PCE shows. Prices rise at slowest pace in almost two years
The cost of goods and services rose a mild 0.2% in June as inflation eased again, but another measure of prices favored by the Fed showed less progress.
: Puzzled by the stock-market surge? Overshoots are the new normal, Bank of America strategist says
Not just stocks but all sorts of assets are overshooting to both the up- and downside.
Earnings Results: Procter & Gamble gets a profit boost after again raising prices
P&G blew past estimates for its fiscal fourth quarter after the consumer-goods giant again raised prices for its products.
Futures Movers: Oil ends at 3-month highs, logging 5th straight weekly gain
Oil futures pulled back from three-month highs Friday, but still posted a fifth straight weekly gain, lifted by fading fears of a global economic slowdown as supply cuts by major producers take effect.
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