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Market news: Amidst a deadlock in salary negotiations, SK Hynix's South Korean employees have formed a unified union.
2026-08-13
Market news: Amidst a deadlock in salary negotiations, SK Hynix's South Korean employees have formed a unified union.
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2026-08-13
US July PPI missed expectations as energy and food costs fell, reinforcing recent CPI data that signaled slowing inflation and suggesting the early-war energy shock is fading. Renewed tensions in the Middle East have, however, revived concerns about
US July PPI missed expectations as energy and food costs fell, reinforcing recent CPI data that signaled slowing inflation and suggesting the early-war energy shock is fading. Renewed tensions in the Middle East have, however, revived concerns about persistent inflation. Fed officials will receive additional CPI and PPI prints and another labor-market report before the Fed's mid-September policy decision, leaving policymakers to weigh lingering inflationary pressure against recent hiring slowdowns. PPI subcomponents that feed into the Fed’s preferred PCE price index were mixed: portfolio management fees posted their largest gain in over a year and outpatient hospital care rose sharply, while physician services and inpatient hospital prices were milder.
2026-08-13
Melius Research raises Cisco (CSCO.O) PT to $160 from $145.
Melius Research raises Cisco (CSCO.O) PT to $160 from $145.
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