‘Something weird’s going on’ in the economy as 6 new economic classes take shape, says New York Times bestselling author
In the new American economy, the poor own cars, the middle class own homes and the rich own businesses. Nick Maggiulli, author of “The Wealth Ladder,” explains.
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Europe urges Trump to use sanctions pressure ahead of Putin summit
Washington advised to use economic penalties to shape talks and enforce any ceasefire
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Dow futures rise as Wall Street and the Fed brace for updates on how much Trump’s tariffs are stoking inflation
The consumer price index for July will come out on Tuesday, and Wall Street expects a 0.2% monthly overall increase and a 0.3% uptick in the core CPI.
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What Putin wants from Trump at Alaska summit
Russian president secures first official invitation to US in almost two decades ahead of sanctions deadline
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Nvidia, AMD agree to pay US 15% of China chip sale revenue
Nvidia plans to share 15% of the revenue from sales of its H20 chip in China and AMD will deliver the same share from MI308 revenues.