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NBS urban statistics chief statistician Dong Lijuan said July national CPI fell 0.1% MoM, a narrowing of 0.2 percentage points from June. International price swings drove domestic gasoline down 10.7% MoM — a 5.8ppt larger decline than in June — subtr

2026-08-09

NBS urban statistics chief statistician Dong Lijuan said July national CPI fell 0.1% MoM, a narrowing of 0.2 percentage points from June. International price swings drove domestic gasoline down 10.7% MoM — a 5.8ppt larger decline than in June — subtracting about 0.35ppt from July MoM CPI. AI-led product upgrades raised consumer electronics prices: tablets +11.3%, computers +5.5%, mobile phones +1.0%, together adding roughly 0.03ppt to MoM CPI. Summer travel demand lifted service prices — travel agencies +7.2%, hotels +6.5%, airfares +4.2%, vehicle rental +3.6% — contributing about 0.10ppt to MoM CPI.

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2026-08-08

BESSENT told NBC on Aug. 6 the Strait of Hormuz will never return to its former state and will "become irrelevant" as an energy-transit chokepoint within two years, saying more than 50%—and potentially as much as 70%—of energy previously shipped thro

BESSENT told NBC on Aug. 6 the Strait of Hormuz will never return to its former state and will "become irrelevant" as an energy-transit chokepoint within two years, saying more than 50%—and potentially as much as 70%—of energy previously shipped through the strait will be rerouted to underground pipelines. He said this outcome is not the Iran-favorable scenario Tehran portrays.
2026-08-08

Berkshire Hathaway A (BRK.A.N): From the third quarter (July 1) to July 29, it has used more than $3.3 billion to repurchase company stock.

Berkshire Hathaway A (BRK.A.N): From the third quarter (July 1) to July 29, it has used more than $3.3 billion to repurchase company stock.
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