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The Latest Breaking News from Stephen Juneau

AI Memory Boom Is Causing ‘Chipflation’ — And Your Next iPhone Could Cost More

The artificial intelligence boom is starting to create an unexpected bill for consumers: more expensive electronics.

AI Job Apocalypse Debunked? BofA Presents Nuanced Data — And Warning Signs

AI Job Apocalypse Debunked? BofA Presents Nuanced Data — And Warning Signs

A growing wave of AI-linked layoffs has yet to translate into widespread job destruction across the U.S. economy, according to Bank of America.

US companies, shamed by Trump, tiptoe into $166 billion tariff refund race

US companies, shamed by Trump, tiptoe into $166 billion tariff refund race

After a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. However, they face pressure from former President Trump and the risk of consumer lawsuits, prompting many to operate in secrecy. These refunds could potentially ease financial strains for companies and help…

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Fed Has Green Light To Cut Rates After Soft Inflation, Economists Say

A wide range of economists say the Federal Reserve now has the green light to cut interest rates, following a cooler-than-expected inflation report that suggests price pressures are easing — and that monetary policy can shift focus toward the softening labor market.

One Surprise Inflation Number Could Change The Fed's Next Move

A sharper-than-expected drop in U.S. producer prices is bolstering expectations for rate cuts, but with Wednesday's Consumer Price Index on deck, investors will need to brace for a potentially stickier inflation picture.

June Inflation Data Validates Powell's Trump Pushback

President Donald Trump's repeated calls for aggressive rate cuts collided with economic reality Tuesday, as June's rising inflation dynamics offered a win—at least temporarily—for Federal Reserve Chair Jerome Powell's cautious stance.

'American Exceptionalism Trade' Gains Steam As Dollar, S&P 500 Surge In Lockstep: Bank Of America

American exceptionalism trade makes a comeback as U.S. equities outperform international stocks and dollar appreciates. Jobs report could be next catalyst.

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Consumers turned out to be the silver bullet for the economic woes of 2024—and they're likely to save 2025 as well

Consumers turned out to be the silver bullet for the economic woes of 2024—and they're likely to save 2025 as well

Bank of America outlines a healthy consumer outlook for holiday spending and the property sector.

Stock Market Today: Stocks Struggle Ahead of February CPI Report

Stock Market Today: Stocks Struggle Ahead of February CPI Report

The main indexes had trouble getting off the ground Monday as Wall Street waits for tomorrow's inflation update.

Stock Market Today: Stocks Go Into Reverse as Nvidia Slumps

Stock Market Today: Stocks Go Into Reverse as Nvidia Slumps

The main indexes were initially higher after the release of the February jobs report, but ended well off their session highs.

Here's where inflation stands today — and why it's raising hope about the economy

Here's where inflation stands today — and why it's raising hope about the economy

Consumer prices rose 3.2% in July from a year ago, higher than the 3% gain seen in June — but it was largely due to math. Overall, inflation continues to ease, raising optimism about the economy.

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