Markets jumping on cooling inflation data, Chipotle reeling on CEO change: Yahoo Finance

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US equities (^GSPC, ^DJI, ^IXIC) have reversed morning sluggishness as the Producer Price Index (PPI) rose only 0.1% for the month of July, a 2.2% rise year-...

) have reversed morning sluggishness as the Producer Price Index rose only 0.1% for the month of July, a 2.2% rise year-over-year, coming back down close to the Federal Reserve’s goal of 2%. Wall Street was caught off guard after the announcement that Chipotle CEO Brian Niccol will step down and become the CEO of Starbucks . The stocks went separate directions on the news, with shares of Starbucks rising about 20% while shares of Chipotle fell almost 10%.

George Clooney isn’t so happy with his From Dusk Till Dawn co-star these days.The famed actor conceded Tuesday he’s “a little irritated” with Quentin Tarantino after the legendary director apparently suggested Clooney isn’t a real movie star.It’s unclear when Tarantino made the supposed dig, but Clooney had some choice words when he sat down with Brad Pitt for an interview with GQ and detailed the behind-the-scenes Hollywood drama.Read more at The Daily Beast.

OCALA, Fla. — A Florida jury will determine whether a 60-year-old white woman was justified when she fired through the door of her central Florida apartment a year ago, killing a Black mother during an ongoing dispute over neighborhood children.The US House Judiciary Committee Ranking Member sent a letter to committee chair Jim Jordan on Thursday, imploring him to investigate inaccurate information about the presidential election on X.

ASC extends Interim Order against Calgary resident Craig Michael Thompson, Black Box Management Corp., and Invader Management Ltd. The Alberta Securities Commission has extended an Interim Order against Craig Michael Thompson along with two companies he controlled, Black Box Management Corp. and Invader Management Ltd. .“It’s the best time in the world to be a Chiefs fan because we got the GOAT out here.”ANKENY, Iowa, August 13, 2024--Casey’s General Stores, Inc. , one of the leading convenience store chains in the United States, will issue first quarter fiscal 2025 results after the market closes on September 4th, 2024.

 

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