U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy.

But many homeowners have built up a nest egg to help pay for their lifestyles: $35 trillion in home equity, a record high. “People are sitting on all this money,” said Daryl Fairweather, the chief economist at Redfin,

Key Takeaways Inflation was relatively tame in July, with the Consumer Price Index rising 3.4% over 12 months.Although inflation is still well above the Fed’s target of a 2% annual rate, it’s headed in the right direction for two months.

Energy prices declined in July, helped by another dip in gasoline prices. The CPI's index for energy decreased 1.5% in July, after falling 5.7% in June. Again, prices at the pump played a big role, with the gasoline index falling 2.

Gold edged higher, as traders weighed prospects for a deal to reopen the Strait of Hormuz while awaiting US inflation data that could provide fresh clues on the Federal Reserve’s interest-rate path.

Gold prices rise as traders await the release of key U.S. inflation data. “Traders are now focusing on today’s U.S. CPI print to gauge whether the recent technical breakout above $4,200 has enough momentum to carry prices towards the next major hurdle,

Gold edged higher in early Asian trade, as investors await U.S. inflation data for cues on the Federal Reserve’s policy path.

Technical buying was spurred by the metal's ascent through the 100-day moving average on Monday, another sign of recovery after the emergence of dip-buyers in recent weeks and greater inflows from gold-backed exchange-traded funds in China.

The Organization of the Petroleum Exporting Countries again cut its forecast for global oil-demand growth for this year, as stalled talks to reopen the critical Strait of Hormuz waterway and risks in the Red Sea prolong disruptions to global supplies.

Despite the U.S. president’s prior statements about the Strait of Hormuz, the key waterway is not open. Economic analyst Rana Foorohar looks at the effect on oil prices as Iran ties movement in the strait to the United States ending its blockade on Iranian ports.

Oil prices extended gains as markets remained skeptical that a deal to restore shipping through the Strait of Hormuz was imminent.

Global oil demand is set for a deeper contraction this year as renewed hostilities in the Middle East and shipping disruptions push up fuel prices and weigh on consumption, the agency said.

The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. The Mediterranean restaurant chain posted revenue of $368.4 million in the period,

Riskified Ltd. (RSKD) on Wednesday reported a loss of $9.1 million in its second quarter.

Codexis Inc. (CDXS) on Tuesday reported a loss of $12 million in its second quarter.

The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. The civil contractor and infrastructure services provider posted revenue of $226.9 million in the period,

The annual list recognizes the 5,000 fastest-growing private companies in the United States based on revenue growth over a three-year period. Together, the Portland-area honorees

As artificial intelligence reshapes the industry, fast-moving software companies are turning disruption into rapid growth.

SANTA ANA, CA - August 11, 2026 - PRESSADVANTAGE - Ornate Home, a Santa Ana-based furniture and mattress store, has

The 2026 Inc. 5000 list provides a data-driven snapshot of those companies that have successfully demonstrated significant growth in an environment of economic uncertainty, inflationary pressure, and a fluctuating labor market in the U.

Existing home sales fell 1.7% last month from June to a seasonally adjusted annual rate of 4.06 million units, the National Association of Realtors said Tuesday. That’s slightly above the 4.05 million pace economists were expecting,

CNBC’s Diana Olick breaks down the newest housing data.

M/M to 4.06M vs. 4.05M consensus and 4.13M prior (revised from 4.09M), according to data released by the National Association of Realtors on Tuesday. Developing… Check back for updates. More on Housing Mortgage demand weakens as rates rise in wake of July FOMC meeting Mortgage rates continue to hover over

Sales of previously occupied U.S. homes slowed again in July as record prices and the highest mortgage rates in more than a year prove to be an insurmountable hurdle for many prospective homebuyers