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The U.S. Transportation Department is proposing new rules to speed deployment of drones beyond the visual line of sight of operators, a key change needed to advance commercial uses like package deliveries.
A surprisingly subdued July Consumer Price Index (CPI) report has sent ripples of optimism across global financial markets, igniting a worldwide rally and significantly recalibrating expectations for future interest rate movements. With a modest 0.2% monthly increase and a 2.7% year-over-year rise, the inflation data was largely perceived
The financial markets are abuzz with renewed optimism for a September interest rate cut by the Federal Reserve, following the latest Consumer Price Index (CPI) report. This pivotal economic data has significantly shifted investor sentiment, with some traders now assigning a remarkable 94% probability to a rate reduction in the
A number of stocks jumped in the morning session after investors cheered a government report showing that inflation remained steady in July. The steady inflation figures have fueled expectations that the Federal Reserve may soon consider an interest rate cut to stimulate the economy, a move that would likely benefit consumer discretionary spending, including dining out.
Coffeehouse chain Starbucks (NASDAQ:SBUX) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 3.8% year on year to $9.46 billion. Its non-GAAP profit of $0.50 per share was 22.6% below analysts’ consensus estimates.
Starbucks’ second quarter results showed a mix of progress and ongoing challenges, as revenue growth exceeded Wall Street’s expectations but profit margins remained under pressure. Management attributed the quarter’s performance to investments in its “Back to Starbucks” plan, adding labor hours, and rolling out new operational standards. CEO Brian Niccol described these efforts as foundational, stating, “We’re fixing the operational foundations of the business and building a platform for innovation in 2026.” While international markets delivered solid gains, U.S. comparable sales remained subdued, with management emphasizing that early turnaround efforts are only just beginning to show results.
The financial markets are abuzz with renewed optimism for a potential interest rate cut by the Federal Reserve in September 2025. This sentiment has been significantly fueled by a weaker-than-expected jobs report for July, which painted a picture of a cooling labor market. Coupled with supportive comments from key Federal
Dutch Bros stock surged over 20% after strong Q2 earnings, boosted by revenue growth, positive free cash flow, and a technical breakout above key resistance
The U.S. economy delivered a sobering message in July with a significantly weaker-than-expected jobs report, sending ripples of concern through financial markets and intensifying calls for the Federal Reserve to cut interest rates. The data, which revealed a sharp deceleration in job creation and substantial downward revisions to previous
