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MarketWatchAug 17, 2022
Market Snapshot: Dow falls 200 points as stocks pull back from nearly 4-month highs ahead of Fed minutes
U.S. stock indexes fall back from recent highs Wednesday as bulls hold their fire ahead of the release of the minutes of the Federal Reserve's last policy meeting later in the session while digesting July retail sales data.

Google Business NewsAug 17, 2022
UK inflation exceeds 10% as bread and milk prices soar - CNN
UK inflation exceeds 10% as bread and milk prices soar  CNNUK Inflation Rises 10.1% in July to 40-Year High  Bloomberg Markets and FinanceUK inflation hits new 40-year high of 10.1% as food and energy price surge continues  CNBCU.K. Inflation Jumps to 10.1 percent, Pushed Higher by Food  The New York TimesCost of living latest: Latest inflation figure due as prices rocket  BBCView Full Coverage on Google News

KiplingerAug 17, 2022
Stocks: Winners and Losers from the Strong Dollar
A strong dollar is a thorn in the side of U.S companies with a global footprint. Revenues earned overseas translate into fewer greenbacks here when the dollar is strengthening. And U.S. products become increasingly pricey for consumers abroad. Over the past year, the dollar is up more than 14% against a basket of foreign currencies, as measured by the U.S. Dollar Index (DXY). And if inflation stays high, more rate-hiking from the Federal Reserve to cool the economy and tame prices would likely push the dollar even higher.

SEE MORE Warren Buffett Stocks Ranked: The Berkshire Hathaway Portfolio That has started to put a dent into U.S. corporate profits.

During the second quarter earnings season companies including Johnson & Johnson (JNJ), IBM (IBM), Microsoft (MSFT), Netflix (NFLX) and Salesforce.com (CRM) have trimmed their outlooks for business results because of a beefier buck. Companies in the benchmark S&P 500 index generate about 30% of their revenues outside the U.S. according to investment firm LPL Financial. "We estimate that currency took perhaps 2 to 2.5 percentage points out of S&P 500 revenue in the second quarter," says Jeff Buc

Forbes HeadlinesAug 17, 2022
Stock Market Crash Isn't Over According To Indicator With 'Perfect' Track Record
No bear market since at least 1935 has ever ended when inflation and stocks are as high as they are now, Bank of America analysts warn.

The Motley FoolAug 17, 2022
Why Lulu's Fashion Lounge Stock Was Falling Earlier Today
Higher costs sent the shares plunging following the latest investor update.

Yahoo BusinessAug 17, 2022
Blackstone is prepping a record $50 billion vehicle to scoop up cheap homes during the downturn — here's how to lock in higher yields than the big money

MarketWatchAug 17, 2022
Economic Report: U.K. consumer prices surge by 10.1% in July to highest since early 1980s
U.K. consumer prices are now the highest since the early 1980s.

Chicago Tribune Business NewsAug 17, 2022
US retail sales were flat in July as inflation takes a toll
The pace of sales at U.S. retailers was unchanged last month as high inflation and rising interest rates forced many to spend cautiously.

Entrepreneur.comAug 17, 2022
4 High-Volume Stocks Investors Should Sell Right Now
The stock market has been witnessing a rally lately, with robust economic data and a decline in inflation in July boosting investors' sentiment. However, as inflation remains elevated and geopolitical...

Google Business NewsAug 17, 2022
Chargers safety Derwin James signing four-year, $76.5 million extension - NFL.com
Chargers safety Derwin James signing four-year, $76.5 million extension  NFL.comChargers, Derwin James agree to new contract  NBC SportsChargers' Brandon Staley just hiked Derwin James' price even higher  Bolt BeatChargers coach praises Derwin James as contract talks continue  Los Angeles Times

Google Market NewsAug 17, 2022
U.K. Inflation Jumps to 10.1%, Pushed Higher by Food - The New York Times
U.K. Inflation Jumps to 10.1%, Pushed Higher by Food  The New York TimesUK Inflation Rises 10.1% in July to 40-Year High  Bloomberg Markets and FinanceUK inflation exceeds 10% as bread and milk prices soar  CNNShares struggle after hot UK inflation, New Zealand rate hike  ReutersUK inflation hits new 40-year high of 10.1% as food and energy price surge continues  CNBCView Full Coverage on Google News
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