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Latest Episode

Consumer sentiment declines

Jul 12, 2024
Customers walk by the membership desk at Costco.

Episodes 1 - 10 of 432

  • Wholesale inflation rose in June, even as consumer prices fell
    Megan Jelinger/AFP via Getty Images

    The producer price index increased 0.2%; economists worried Trump will worsen inflation, WSJ survey finds; PepsiCo, Conagra signal limits to price increases; IMF predicts Fed rate cuts by end of year.

  • Higher prices eat into snack sales
    Scott Olson/Getty Images

    Markets close mixed; PepsiCo blames “price conscious” shoppers for falling sales; Mortgage rates tick down; GM will retool a Michigan plant for EVs, with federal help.

  • Consumer prices decline for the first time in four years
    Dave Chan/AFP via Getty Images

    The consumer price index fell 0.1% between May and June; initial jobless claims remain low at 222,000; Biden administration to distribute $1.7 billion to modernize old auto plants; Apple to open Apple Pay to competitors in two weeks.

  • Powell says rate decisions won’t be influenced by the election
    Bonnie Cash/Getty Images

    Stocks close higher; Powell says the election won’t impact rate decisions; Wholesale inventories rise; Intuit pivots to AI.

  • A man works in a steel distribution factory in Monterrey, Mexico.
    Julio Cesar Aguilar/AFP via Getty Images

    The tariffs cover steel and aluminum shipped from Mexico, but made elsewhere; Powell opens door to interest rate cuts; Microsoft leaves OpenAI board; Samsung workers in South Korea go on strike.

  • Powell testifies before Congress
    Bonnie Cash/Getty Images

    Markets mixed; Powell says labor market has cooled; Drug middlemen under fire; Non-alcoholic beer brand doubles in value.

  • Small business owners are a bit more optimistic
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    A measure of small business optimism hit its highest point of the year in June; Hurricane Beryl leaves Texas oil infrastructure largely unscathed; Purdue Pharma creditors ask for authorization to sue Sackler family members; Boeing 737 planes to be inspected for potential faulty oxygen mask systems.

  • Markets hit new highs; Markets anticipate inflation data; Corning pops on AI strength; TSA screens record number passengers.

  • Boeing deal covers conduct before Max crashes; Texas ports, oil platforms close as Hurricane Beryl strikes; Skydance, Paramount agree to merger; France, Britain elect left-leaning leaders promising economic improvements.

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