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financeSaturday, September 12, 2026

Inflation holds at 3.4% as gas costs jump

August's CPI report landed with a thud: headline inflation stuck at 3.4% as gasoline surged 27.4% on the Iran conflict. Core inflation ticked up to 2.4%, leaving the Fed in a tighter spot than it was yesterday.

Sources
+6

Inflation and energy

The August CPI report is the main event, and it's not pretty for consumers or the Fed.

Bets and bubbles

Two big voices in finance are making opposing calls on tech stocks today.

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