US inflation beat every forecast on the board

Home Awards Award Winners Best Islamic Digital Banks 2026 Islamic finance is moving beyond basic digitalization toward advanced operational transformation, driven by agentic AI and open-finance architectures. The future will focus on autonomous, asset-agnostic solutions—such as tokenized assets and distributed-ledger technology—to build a more integrated global commerce architecture. The following institutions exemplify this progress, setting…

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Treasuries are considered safe because they are backed by the U.S. government. A “safe” 5% yield, which is where the 10-year Treasury is hovering around today, is pretty enticing if you are worried that stock prices are going to crater. However, bonds have a major shortfall for long-term investors. Here’s why I’d rather own out-of-favor…

Key Takeaways The IRS can take money out of your bank account to pay a past-due tax bill, but only after you receive sufficient notification. If you ignore overdue-tax notices from the IRS, you might be hit with a tax levy.  With a tax levy, the IRS can require a bank to freeze your funds…

Planet Labs (PL +7.99%) stock soared 7.8% through 11:40 a.m. ET Friday after confirming the successful launch, aboard a “Transporter” Falcon 9 rocket managed by Space Exploration Technologies (SPCX +6.12%), of 20 Planet Labs-built satellites to orbit. Image source: Getty Images. What’s Planet launching now? Running down the list, Planet says the SpaceX Transport 18…

July’s consumer price index (CPI) print showed an annualized inflation rate of three per cent, but much of that rise can be attributed to high energy prices. In addition to strong GDP growth in Q2, the most recent Labour Force Survey showed an increase of 75,000 jobs in July with unemployment falling to 6.4 per…