Inflation cools in June, Tesla reportedly set to push back robotaxi debut: Yahoo Finance

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June’s Consumer Price Index (CPI) report saw inflation cool more than expected, declining 0.1% month-over-month. The print brought renewed confidence in the ...

June’s Consumer Price Index report saw inflation cool more than expected, declining 0.1% month-over-month. The print brought renewed confidence in the Federal Reserve as positive economic data continues to accumulate. As markets await the Fed’s first interest rate cut of the year, Tesla can help you secure a wealthy retirement. The post TFSA Blueprint: 4 Canadian Stocks to Secure Your Future appeared first on The Motley Fool Canada.

Cathie Wood, founder and CEO of ARK Investment Management, defended the strategy of the firm's money-losing flagship fund, telling investors in a letter released late on Wednesday that its fortunes will reverse when interest rates fall. The ARK Innovation ETF fund has taken investors on a rollercoaster ride in recent years. In a letter posted on ARK's website, Wood wrote she fully acknowledged "the macro environment and some stock picks have challenged our recent performance.

-Royal Bank of Canada on Thursday said it would separate its personal and commercial banking business into two standalone segments and made a slew of leadership changes, the Canadian lender's first rejig since acquiring HSBC's domestic unit. The country's No.1 lender said it aims to strengthen focus on clients after the C$13.5 billion acquisition of the Canadian unit of HSBC Holdings, HSBC Bank Canada.

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