Prices Jump Again as Inflation Persists in June
U S consumer price index rose 0.3 percent in June amid higher gasoline and food costs. Core prices excluding food and energy gained 0.2 percent, matching forecasts, with a 1.8 percent yearly core rise. Gasoline up 3.4 percent and eggs surging 18.3 percent drove food costs higher. Yahoo moves to spin off Alibaba stake into Aabaco Holdings, aiming to complete in Q4. Housing starts climb 9.8 percent to 1.17 million annualized. permits rise 7.4 percent to 1.34 million. National Journal to end print, go digital under Atlantic Media by year end.
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Labor Department
YAHOO
Alibaba
Aabaco Holdings
U.S
Census Bureau
National Journal
David Bradley
Atlantic Media
Washington, D.C
Nasdaq hits new closing high aided by Google surge
Nasdaq rose to a fresh closing peak above 5200 as Google jumped after strong earnings. GOOG gained 16 percent to 672.93 after hours, lifting market mood amid data on housing starts inflation and July sentiment. GE beat estimates, S&P 500 earnings beat rate held at 72 percent.
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Google
Wall Street
Standard & Poor
Thomson Reuters
European Central Bank
Greece
Athens
Adam Shell
Adamshell
Tiny Stocks Outpace Giants in S&P 600 Gains
USA TODAY highlights 11 small cap stars in the S&P SmallCap 600, including Cambrex Taser Papa John’s and WD-40, showing 120 percent five year gains, beating S&P 500, with Cambrex up 123 percent this year. Small firms combine strong returns with higher risk.
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Ant-Man
Standard & Poor
Cambrex
Taser
Papa John’s
USA Today
S&p Capital IQ
CBM
Lithia Motors
LAD
Taser Int’l
TASR
PZZA
Cantel Medical
CMN
HFF
Popeyes Louisiana
PLKI
Pinnacle Fin
PNFP
Allegiant Travel
ALGT
AMSG
WDFC
S&p
USA Today Research
Etsy Surges After Google Mention Lifts Shares
Etsy shares jumped 30.6 percent to 21.98 after Google executive Omid Kordestani highlighted deep linking, noting 50 billion in-app links indexed and 25 percent of signed-in Android users seeing deep links. The move marked Etsy’s biggest one-day gain since its IPO, though the stock remains below its opening price. Etsy posted higher quarterly revenue but wider net loss due to non-cash, non-operating restructuring costs.
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Etsy
Google
GOOG
Omid Kordestani
Kordestani
Brooklyn
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DOW Jones Industrial
Richmond
SE Real Estate
Mswenen
Gerd
Standard & Poor's
Marketwatch.com
USA
Staples Advantage
T Loehrke
University of Michigan
Jpmorgan
JPM
General Electric
Ings
Vasdac
ENA Betancur
AFP
GETTY
Best of S&p
IFA
Index Fund Advisors
New Jersey
Pfizer
Zade Rosenthal
Marvel
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