Here’s the deflation breakdown for August 2024 — in one chart

Here’s the deflation breakdown for August 2024 — in one chart


Key Points
  • Deflation, contrary to inflation, is when prices fall for certain goods and services.
  • Deflation tends not to occur across the overall U.S. economy outside of recessions.
  • However, consumer prices have fallen in some categories, such as cars, household furniture and appliances, airfare, and certain groceries since August 2023, according to the consumer price index.



Source

AST SpaceMobile shares drop after its satellite is placed in wrong orbit by Bezos’ Blue Origin
Finance

AST SpaceMobile shares drop after its satellite is placed in wrong orbit by Bezos’ Blue Origin

Key Points Blue Origin acknowledged the satellite was placed into a lower-than-planned orbit, but hasn’t commented since it was deemed lost. Analysts expect limited impact on AST SpaceMobile’s finances, but worry the news could dent investor sentiment on the stock. Source

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Stocks making the biggest moves premarket: American Airlines, Marvell Technology, Strategy & more
Finance

Stocks making the biggest moves premarket: American Airlines, Marvell Technology, Strategy & more

Check out the companies making the biggest moves premarket: Airlines — The group was under pressure Monday as investors worry that renewed U.S.-Iran tensions will keep energy prices elevated and push consumers to travel less. American Airlines , Delta Air Lines and United Airlines were all down more than 2% before the bell. JetBlue Airways […]

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AI startup Cursor in talks to raise  billion funding round at valuation of over  billion
Finance

AI startup Cursor in talks to raise $2 billion funding round at valuation of over $50 billion

Key Points Artificial intelligence startup Cursor is in talks to raise a $2 billion fundraising round at an over $50 billion valuation, which does not include the investment, a source familiar with the matter told CNBC. Andreessen Horowitz is slated to co-lead the new investment round, in which Nvidia and Thrive Capital are also expected […]

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