U.S. consumer prices did not rise in July due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief for Americans who have watched inflation climb over the past two years.
- LegalTrump arrives to testify in New York probe into his business practices
Former U.S. President Donald Trump arrived at the New York attorney general's office in lower Manhattan on Wednesday, where he is scheduled to testify as part of a civil investigation into his family's business practices.
- MarketsWall St set for gains after soft inflation data eases rate-hike bets, article with image
Wall Street was set to open sharply higher on Wednesday after data showing a slower-than-expected rise in inflation last month prompted traders to cut their bets on a third straight 75-basis-point interest rate hike in September.
- BusinessMusk sells Tesla shares worth $6.9 billion, cites chance of forced Twitter deal
Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform.
Talking Points
- Trump arrives to testify in New York probe into his business practices, article with imageLegal ·
August 10, 2022 · 1:23 PM UTC · undefined agoFormer U.S. President Donald Trump arrived at the New York attorney general's office in lower Manhattan on Wednesday, where he is scheduled to testify as part of a civil investigation into his family's business practices.