Market News

COMMENTARY: Morning Bid: Take a hike Reuters

8.3

US stocks rallied as retreating oil prices and an earnings beat from Oracle Corp. boosted sentiment in the face of a report that showed accelerating core consumer prices.

Entrepreneurs are the heroes of capitalism. They create something out of nothing — products where there were no products, jobs where there were no jobs — and in the process boost the productive power of the economy. Nothing spurs job creation or innovation like a successful startup.

Traders boosted expectations for a Federal Reserve interest-rate hike after hotter-than-expected core US inflation data, with a 90% chance of a move next week and two increases fully priced in by year-end.

The United States’ chief adversary has a soft power strategy. Why doesn’t Washington? The post The US must become Africa’s partner on technology and AI. It can do so with soft power. appeared first on Atlantic Council.

FORM 8.3

FORM 8.3

Yemen's Houthis reach strategic island at mouth of vital shipping lane Reuters

The money nonprofit Freefrom received from participating in Olivia Rodrigo's Daisy Chain Music Festival helped the organization hit its annual finacial goal.