US inflation finally takes a breather

US stocks rallied after the latest US inflation report showed price rises slowed in July, Disney beat analysts’ expectations and added 15 million subscribers to its streaming Disney+, and social media companies want live streaming to be the future of shopping.

Mentioned in this podcast:

Disney’s streaming business defies industry obscurity

US inflation eased slightly in July due to lower gasoline prices

US stocks and bonds rally after weaker-than-expected inflation data

Social media’s big bet: The shopping revolution will be streamed live

Unhedged: Markets, Finance and Strong Opinions

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The program editor is Jess Smith. Additional help from Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The main theme of the show is by Metaphor Music.

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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!