US July Inflation Remains Hot (CPI At 8.5% YoY) While Real Weekly Wage Growth Remains Burned (-3.6% YoY) Mortgage Refi Apps Down -82% YoY While Mortgage Purchase Apps Down -19% YoY)

by confoundedinterest17 The US July inflation report remains hot, hot, hot! While mortgage purchase and refinancing applications are not, not, not. The US consumer price index rose 8.5% in July. And real average weekly growth remains burned by horrid inflation, at -3.6% YoY. …

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WALMART hunts media deal

Adds Walmart’s response Aug 9 (Reuters) – Walmart Inc WMT.N has held talks with media companies about including streaming entertainment in its membership service, the New York Times reported on Tuesday, citing people with knowledge of the conversations. Executives from Paramount, Walt Disney Co DIS.N and …

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The Turtle finally speaks… ‘This is worse than Nixon’…

Texas Gov. ⁦@GregAbbott_TX⁩, assailing ⁦the #TrumpRaid against a former Republican president, uses the moment to denounce another former Republican president. cc: ⁦@NixonLibrary⁩ pic.twitter.com/7uRYMCJjMH — James Rosen (@JamesRosenTV) August 10, 2022 https://twitter.com/PapiTrumpo/status/1557154128299806720 h/t CFP