MARKET
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Europe’s central bank boss joins warnings about threat to Fed’s independence from White House ‘intervention’
Economists in FT poll fret that the U.S. central bank is being compromised. Source link
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Americans spend a lot more on cars in July, but not much else. Tariffs keep consumers cautious.
Americans bought more new cars and trucks in July to try to avoid tariff-related price increases, but they spent cautiously…
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Betting markets don’t believe that Trump will succeed in ousting Fed’s Lisa Cook
Betting markets don’t see a high chance that President Donald Trump will manage to oust Federal Reserve governor Lisa Cook,…
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‘I’ve been kept in poverty’: Do I take a $70K job at 74 and lose my Section 8 housing allowance?
“After the age of 50, I really only had sporadic contract work and I had to sell my house.” Source…
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Meredith Whitney famously called the 2008 financial crisis. Here’s the new problem with the U.S. economy, she says
Meredith Whitney is worried about a bifurcated economy. Here is how she’s playing that. Source link
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My wife and I are in our 50s and have $11 million. We’re not leaving it to our kids. Is that wrong?
“We have retired from full-time work.” Source link
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Wholesale prices post biggest surge in three years, PPI shows. Sign of tariff-related inflation?
The cost of wholesale goods and services — where rising inflation tends to show up first — posted the biggest…
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AMC sees moviegoers spending record amounts — and its stock surges. ‘Choke on that!’ says CEO.
AMC’s CEO had a blunt message as the movie-theater chain is riding a rebound. Source link
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‘I feel shaken’: A man offered to powerwash my patio for $50. He would not take no for an answer.
I wasn’t interested. I told him, “No thanks.” That didn’t work. Source link
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Caterpillar expects up to $1.5 billion in tariff costs this year, but the stock gains
Caterpillar shares bounced into the green after the company missed second-quarter profit expectations but beat on sales and raised its…
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