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Core inflation stays contained as goods soften – TD Securities

TD Securities economists Oscar Munoz, Eli Nir, Gennadiy Goldberg and Molly Brooks expect August Core CPI to rise 0.19% m/m, with services driving gains and core goods offsetting. They project Core CPI at 2.3% y/y and Headline CPI steady at 3.4% y/y. Risks are seen skewed higher due to assumed…

The first teaser for the Elon Musk documentary that Musk is mad about is here

The teaser for the new Elon Musk documentary is here — and it ends on an explosive note.Alex Gibney’s documentary about Musk premiered this week at the Venice International Film Festival. Around the same time, a 48-second teaser trailer for the upcoming film appeared on YouTube.The teaser layers voiced commentary on Elon Musk — from the “greatest capitalist in history” to “fascist” — over videos of rocket launches. It promises an “unflinching look at Earth’s most unchecked man.”Over…

Finance news

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Business

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More than 1,500 pounds of imported ready-to-eat pork products have been recalled over concerns about possible listeria contamination. Two U.S.-based companies are issuing recalls for a total of about 1,513 pounds of dry-cured pork jowl products, also known as guanciale, the U.S. Department of Agriculture’s Food Safety and Inspection Service…

Markets

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Trump said he’ll stop Canada’s Bombardier from being sold in the US

President Donald Trump doesn’t want one particular Canadian aircraft crossing over into the US.In a Truth Social post on Monday, Trump wrote: “No more selling Bombardier in the United States! Their products aren’t good enough.”Trump said that if the company wants business from the US, it needs to build its…

Investing

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