Inversiones y negocios

Related media - Latest news A key inflation gauge for the Federal Reserve showed a modest increase in June from a year earlier, potentially setting the stage for an expected interest rate cut in September. The personal consumption expenditures (PCE) price index, a key measure of inflation, rose 0.1% in June and is up 2.5% year over year, matching Dow Jones estimates, the Commerce Department reported Friday. That follows a 2.6% year-over-year increase in May, with the monthly measure unchanged. The Federal Reserve relies heavily on the PCE index to measure inflation, which remains above the central bank's long-term target…

Related media - News 24 hours At midday, several stocks posted significant price movements, capturing the attention of investors and analysts. Leading the pack were Walt Disney, Dexcom, McDonald's, and On Semiconductor, each influenced by a variety of factors ranging from earnings reports to strategic announcements. Walt Disney Walt Disney shares rose as the entertainment giant reported stronger-than-expected quarterly earnings, boosted by strong performances at its streaming services and theme parks. The company's strategic focus on content creation and digital expansion appears to be paying off, with subscriber growth beating market forecasts. Dexcom Dexcom saw its stock soar after unveiling…

More news - Latest news Despite strong market expectations for a U.S. interest rate cut in September, the Federal Reserve has good reason to wait, according to economist Carl Weinberg. Money market expectations for a rate cut at the Fed’s fall meeting rose from around 70% to more than 90% on Thursday, following a weaker-than-expected consumer price index report, according to LSEG data. Fed Chair Jerome Powell had already hinted at such a move earlier this week, saying that keeping interest rates too high for too long carried risks, comments interpreted by analysts as “modestly dovish.” However, monetary easing also…

Related media - Latest news DETROIT — General Motors has unveiled the latest version of its iconic sports car, the Chevrolet Corvette, set to become the most powerful model in the brand’s history. The 2025 Chevy Corvette ZR1 will feature a 5.5-liter twin-turbo V8 engine that produces over 1,000 horsepower and 828 pound-feet of torque. This significant increase in power positions the ZR1 among the elite supercars, typically priced in the hundreds of thousands of dollars. “This car accelerates like a freight train,” noted Tadge Juechter, Corvette’s executive chief engineer since 2006, at a recent media event. “We expect this…

More news - Latest news Warner Bros. Discovery has filed a lawsuit against the NBA to secure the rights to broadcast a package of live games, challenging the league’s decision to award those rights to Amazon. “Due to the NBA’s unjustified rejection of our game against a third-party offer, we have initiated legal proceedings to enforce our rights,” said TNT Sports, a unit of Warner Bros. Discovery. “We firmly believe this is not only our contractual right, but also the best service for fans who prefer our flexible and widely accessible platforms, including TNT and Max.” The media company seeks…