Why investors are blowing off a disappointing inflation report

On today's "Markets Now" show, ADP's Nela Richardson and Charles Schwab's Jeff Kleintop weigh in on inflation data and Fed expectations. Plus, recent developments from the Biden Administration gave cannabis stocks a short-lived bounce. Tilray Chairman & CEO Irwin Simon outlines the path to profitability.
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Why investors are blowing off a disappointing inflation report
On today's "Markets Now" show, ADP's Nela Richardson and Charles Schwab's Jeff Kleintop weigh in on inflation data and Fed expectations. Plus, recent developments from the Biden Administration gave cannabis stocks a short-lived bounce. Tilray Chairman & CEO Irwin Simon outlines the path to profitability. Read more »
 
The Fed only cares about inflation. That's bad news for you
Jerome Powell and other members of the Federal Reserve are obsessed with choking off inflation once and for all, even if the Fed's series of aggressive rate hikes slow the economy to a crawl. That could be bad news for consumers, investors and Corporate America. Read more »
 
'Slow-moving car crash.' There's no quick fix for the UK market mess
The Bank of England is struggling to contain a crisis triggered by the UK government's brash plans to borrow heavily to pay for tax cuts, feeding fears that the country's financial markets could once again spin out of control. Read more »
 
Markets are worried the Fed is going too far
A closely watched measure of inflation in the United States is expected to tick higher in September even as the Federal Reserve moves to fight rising prices at its most aggressive pace in decades. Wall Street is worried that yet another high reading on the Consumer Price Index will prompt another massive interest rate increase and inflict more pain on markets and the US economy. Read more »
 
The Children's Place just went full grown-up
Let's admit it: Adults have basically been dressing like kids these past two years — opting for comfy PJs, sweats, joggers, shorts and T-shirts for sleeping, lounging and yes, working. Read more »
 
Subway, offering a rare glimpse at its finances, says it's hitting record sales
Subway says its most extensive menu makeover in the company's nearly 60-year history is paying off. Read more »
 
 
 
 
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