The Finimize Daily Brief

US inflation cooled by slightly more than expected in August, while a popular type of ETF just launched in Europe for the first time. Today’s stories: The Latest US Inflation Reading Showed The Lowest Level Since 2021 A Popular Type Of ETF Just Launched In Europe – To Investors’ Delight Try Finimize Premium

Big Tech's been hogging the AI opportunities, leaving VC firms in limbo, while fresh data suggested that China’s headed toward a period of deflation. Today’s stories: Big Tech’s Been Dominating Private Markets, Leaving VC Firms Out In The Cold Looks Like China’s On The Precipice Of Economy-Sinking Deflation Try Finimize Premium

Tesla needs tech support, and Elon Musk wants to task xAI with the job, while luxury brands fell out of fashion as China’s shoppers stopped spending. Today’s stories: Elon Musk Reportedly Suggested A Buddy System For Tesla And xAI Kering’s Stock Has Tanked This Year As Luxury Brands Lose Their Lure Try Finimize Premium

The latest US jobs report left markets unsure about the size of the Fed's long-awaited rate cut, while American companies broke records in the bond market – raising $80 billion in a week alone. Today’s stories: The US Jobs Report Left Markets Guessing About The Fed’s Next Rate Cut American Firms Have Been Raising Record-Breaking Debt Ahead Of The Election Try Finimize Premium  

Intel flunked a crucial test, and now its $20 billion funding award is in question, while investors have funnelled nearly $1 trillion into active ETFs. Today’s stories: Intel’s Next-Generation Manufacturing Process Failed Its Test Investors Have Put Nearly $1 Trillion Into Actively Managed ETFs Try Finimize Premium  

US stocks tumbled again, suggesting that investors are still on pins and needles, while Nvidia became the latest tech company to catch the US Department of Justice’s eye. Today’s stories: Stock Markets Fell Again, Giving Investors Déjà Vu The US Department Of Justice Sent Nvidia A Subpoena Try Finimize Premium  

Volkswagen might close German factories for the first time ever, while the US notched a record number of 401(k) millionaires – with the stock market largely to thank. Today’s stories: Volkswagen Might Have To Shut Up Shops At Home For The First Time Ever A Record Number Of 401(k) Accounts Are Now Worth $1 Million Or More Try Finimize Premium

The US government’s clean energy loan office went on a spending spree, while China’s economic turmoil weighed heavily on steel prices. Today’s stories: A US Federal Clean-Energy Fund Is Dishing Out Cash Ahead Of The Election Steel Prices Have Plunged As China Fills The Market With Cheap Metal Try Finimize Premium  

Tokyo’s inflation ticked up in August, giving the Bank of Japan a tap on the shoulder, while European stocks hit a record high – despite the region's drab economy. Today’s stories: Inflation In Tokyo Picked Up, And That Could Nudge The Bank Of Japan Into Action European Stocks Turned Up The Summer Heat, Hitting A Record High Try Finimize Premium  

OpenAI’s eyeing up a valuation over $100 billion, while foreign investors are fleeing India’s frothy stock market. Today’s stories: OpenAI’s Chatting Up Investors, Aiming For A Valuation Of More Than $100 Billion Foreign Investors Seem To Have Cold Feet When It Comes To India Try Finimize Premium

Nvidia rolled out better-than-expected results, while tough rules are forcing US tech giants to avoid Europe. Today’s stories: Nvidia’s On A Roll, Throwing Better-Than-Expected Results Yet Again The European Union's Red Tape Is Scaring Off Tech Companies Try Finimize Premium

Coffee prices are picking up and causing a headache, while defense giants are about to be holding record levels of cash. Today’s stories: Coffee Bean Prices Surged Again – A Real Buzzkill For Java Drinkers And Suppliers Looks Like Defense Companies Are About To Be Rolling In Cash Try Finimize Premium  

The Fed dropped a big hint about a September interest rate cut, while China's risking a trade war with its over-manufacturing. Today’s stories: The Federal Reserve Cut To The (Interest Rate) Point At Its Annual Conference China's Risking A Trade War By Injecting Its Factories With Stimulus Cash Try Finimize Premium

Coal giants Arch Resources and Consol Energy struck a merger deal, while the British pound hit a six-month high against the US dollar. Today’s stories: Coal Mates Arch And Consol Are Tying The Knot In An All-Stock Merger The Pound Gave A Sterling Performance, Hitting A Six-Month High Against The Dollar Try Finimize Premium

China sniffed around Europe’s cheese exports, as tension between the two economies picked up pace, while the US economy added far fewer jobs than previously believed. Today’s stories: China Thinks There’s Something Funky About The Price Of Europe’s Cheese Looks Like The US Economy Added Far Fewer Jobs Than Everybody Thought Try Finimize Premium  

The price of gold hit an all-time high, with a single bar now worth $1 million, while Apple is set to make its priciest iPhone models in India. Today’s stories: Gold’s Price Ascended To An All-Time High, With A Single Bar Now Worth $1 Million India’s Getting An Upgrade: Apple Will Start Making Its High-End iPhones In The Country Try Finimize Premium

7-Eleven’s parent company got a buyout proposal from Canadian rival Couche-Tard, while US startup failures rose 60% from a year ago. Today’s stories: Canadian Retailer Couche-Tard Proposed A Marriage Of Convenience To 7-Eleven More US Startups Have Shut Down, With Failures Jumping 60% In The Past Year Try Finimize Premium  

Warren Buffett reshuffled Berkshire Hathaway’s portfolio, while fintech startup Revolut secured an impressive $45 billion valuation. Today’s stories: Warren Buffett Gave Berkshire Hathaway A Makeover, Buying Into Ulta Beauty With A New $45 Billion Valuation, Revolut’s One Of Europe’s Priciest Startups Try Finimize Premium  

China's economy is still on a low, with industrial growth missing the mark, while US retail sales perked up by more than expected – an encouraging sign. Today’s stories: China’s Looking Down In The Dumps, With Industrial Production Falling Short Deep-Pocketed Americans Pushed Retail Sales Up More Than Expected Last Month Try Finimize Premium  

Google’s in hot water over its monopoly, while US inflation came in lower than predicted last month. Today’s stories: The US Government’s Flirting With The Idea Of Breaking Up Google US Inflation Chilled Out Last Month, Rising By Less Than Expected Try Finimize Premium

Major American manufacturing projects are stuck on the back burner, while US producer prices rose less than expected in July. Today’s stories: Despite Two Acts Designed to Help, America’s Manufacturing Industry Looks Tired According To Fresh Press, US Producer Prices Rose Less Than Expected Last Month Try Finimize Premium  

Americans have been spending less than usual on travel, while bonds are regaining their role as a portfolio hedge. Today’s stories: US Tourists Took A Vacation From The Vacation, Which Isn’t A Good Sign Bonds Are Making A Comeback As A Portfolio Hedge Against Stocks Try Finimize Premium  

AI search startup Perplexity is challenging Google’s dominance, while major global firms have been tailoring products for India’s shoppers. Today’s stories: AI Search Startup Perplexity Made It Very Clear That It’s Going Up Against Google Major Brands Are Shifting Focus To India, Eager To Fill The Country’s Appetite Try Finimize Premium  

China made less money from exports than expected last month, while US weekly jobless claims came in better than feared. Today’s stories: China’s Export Growth Slowed Last Month, With International Buyers Not Swiping Lower-Than-Expected US Jobless Claims Cheered Up Investors And Markets Alike Try Finimize Premium  

Japan's central bank backtracked on further rate hikes, while UK house prices picked up at their fastest rate since January. Today’s stories: In An About Face, The Bank Of Japan Vowed To Keep Interest Rates Steady British House Prices Took Off In July, After Three Months Of Little Action Try Finimize Premium