Stocks trader lower Wednesday as investors prepare for Nvidia's second-quarter earnings results.

MarketWatch

Stock Market Today: Dow off 140 points, S&P 500 and Nasdaq lower as bond yields rise; PCE inflation data ticks higher in July and investors await Nvidia earnings - MarketWatch

Oil prices tumbled Wednesday for the third straight day, as a flurry of headlines from the Middle East sparked renewed optimism in global markets.
As of early Wednesday morning, U.S. crude oil had f… [+4504 chars]

Oil prices tumbled for the third straight day, as a flurry of headlines from the Middle East sparked renewed optimism in global energy markets.

NBC News

Oil prices tumble amid renewed optimism over the Strait of Hormuz - NBC News

An aerial view of the Warner Bros. Studio lot on July 13, 2026 in Burbank, California. 
Warner Bros. Discovery is feeling whiplash.
It was only last summer that the company said it would split itse… [+8867 chars]

Paramount Skydance's acquisition of Warner Bros. Discovery is stalled due to an antitrust lawsuit, leaving WBD in limbo during a pivotal moment for media.

CNBC

Lost in limbo: Where the Paramount merger delay leaves WBD, and what may come next - CNBC

WASHINGTON (AP) An inflation measure closely watched by the Federal Reserve stayed elevated last month in the latest sign that many Americans are still struggling with higher costs. 
Stubbornly high… [+5408 chars]

An inflation measure closely watched by the Federal Reserve was unchanged last month in the latest sign that many Americans are still struggling with higher costs. The Commerce Department’s Wednesday report showed that prices rose 3.7% in July compared with a…

Associated Press

Key inflation gauge remains elevated during Iran conflict and ongoing US trade fights - AP News

Bill Gates speaks with Reuters during an interview in New York City, U.S., May 8, 2025. 
There is "no plan" for the "social, political, and economic upheaval" artificial intelligence is about to cau… [+3620 chars]

Bill Gates warned governments are not adequately preparing for how AI could displace workers, strain social systems and create global risks.

Bill Gates warns ‘there is no plan’ for the ‘upheaval’ AI will cause - CNBC

Today, Behr Paint Company revealed its 2027 Color of the Yeara calming neutral that falls somewhere between moss and olive, with brown undertones, fittingly named Grounded. Grounded is a reminder tha… [+3287 chars]

This earthy neutral is easy to mix and match anywhere in your home.

Real Simple

Behr Just Named Its 2027 Color of the Year—and It’s the Calming Neutral You’ll Want Everywhere - Real Simple

Federal Reserve Chairman Kevin Warsh speaks during a news conference at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, July 29, 2026.
Central bankers, policymakers an… [+5683 chars]

Strategists said investors were approaching Jackson Hole “on the back foot."

Dollar and bond markets 'on edge' ahead of Jackson Hole as Bessent's market intervention piles pressure on Warsh - CNBC

The US economy expanded at an unrevised 1.5% pace in the second quarter, though underlying details showed stronger consumer spending and business investment than initially reported. 
The annualized … [+185 chars]

The US economy expanded at an unrevised 1.5% pace in the second quarter, though underlying details showed stronger consumer spending and business investment than initially reported.

Bloomberg

US Economy Expands 1.5% With Spending, Investment Revised Up - Bloomberg

United is entering its show off era. 
On the same day the airline announced a whopping 13-route expansion for 2027, it showed off the first Airbus A321XLR at an exclusive media event in a hangar at … [+4169 chars]

Taking a look inside United's first Airbus A321XLR to see what it will be like as a passenger flying this plane across the Atlantic.

Upgradedpoints.com

Inside United’s New Airbus A321XLR That Will Fly Upcoming Routes to Europe - Upgraded Points

SAN FRANCISCO Hyundai Motor Co. CEO José Muñoz smiled and nodded as a fellow executive discussed the automaker's "mueos-ideun ganeunghada" philosophy during the reveal of its new flagship Genesis GV9… [+8027 chars]

The South Korean automaker wants to keep going by ramping up production at a new $7.6 billion plant in Georgia to capture more sales and market share.

Hyundai has grown more than any automaker in the U.S. — and it's not done yet - CNBC

Stocks are muted ahead of earnings from the worlds most valuable company, Nvidia. The major stock benchmarks are down less than 0.5%.
Nvidia shares, while up 13% this year, are off about 1% today an… [+885 chars]

Live updates on markets and the top finance, economics and business stories. Plus the latest on oil prices, the Dow, S&P 500 and Nasdaq.

The Wall Street Journal

Stock Market Today: Nasdaq, S&P Futures Slip; Investors Await Nvidia Earnings — Live Updates - WSJ

Nike's (NKE) dreadful stretch of earnings under the thought-to-be-savior CEO Elliott Hill may not be ending anytime soon, judging by what key partner Dick's Sporting Goods (DKS) said this week.
"I t… [+2803 chars]

Look out for another bad quarter from Nike.

Yahoo Entertainment

Dick's Sporting Goods' stock crash reveals a major problem for struggling Nike - Yahoo Finance

Exclusive | Vanguard Buys Wealth Management Platform Altruist in $4 Billion Deal - WSJ

A trade war between the U.S. and Canada escalated this week after talks between the two countries collapsed.
President Donald Trump said on Aug. 24 that he would double tariffs on automobiles and ca… [+2922 chars]

A trade war between the U.S. and Canada escalated this week after talks between the two countries collapsed.

USA Today

Americans traveling to Canada may be wondering about one thing - USA Today

Mortgage interest rates moved even higher last week, causing demand for loans to weaken yet again. 
Total mortgage application volume dropped 1% from the previous week, according to the Mortgage Ban… [+1724 chars]

Mortgage rates rose again last week causing demand for both refinances and purchase loans to drop. Rates climbed to their highest level in three weeks.

Mortgage rates hit highest level in 3 weeks, weakening demand further - CNBC

WASHINGTON (AP) With the few months they have left as senators, Democrat Dick Durbin and Republican Bill Cassidy have embarked on a mission to save tens of millions of Social Security beneficiaries f… [+6189 chars]

Two senators who are set to retire have embarked on a mission to save tens of millions of Social Security beneficiaries from a projected 22% cut in their benefits, starting in just six years. It’s one of the most perilous political efforts that a member of Co…

How to avoid a Social Security cut? Lawmakers are floating ideas for what to do - AP News

Scoring a great parking spot used to take luck or determination. Now it takes a credit card.
Shopping malls across the country are roping off parking spaces closest to main entrances and food courts… [+7716 chars]

Scoring a great parking spot at the shopping mall used to take luck or determination. Now it takes a credit card. And shoppers are not thrilled.

Shopping malls are charging for prime parking. It's not going well - USA Today

Wall Street is focused on Nvidia's (NVDA) graphics processing units (GPUs). The faster-growing story is sitting beside them.
Nvidia has quietly built a networking operation that generated nearly $15… [+3487 chars]

Wall Street is focused on Nvidia's GPUs, but the faster-growing story is sitting beside them.

Nvidia earnings could reveal its fastest-growing business isn’t chips: Chart of the Day - Yahoo Finance

The White House has been pleased with his performance. Trump last week complimented Bessents very good natural touch in navigating the bond market. White House spokesperson Kush Desai in a statement … [+2106 chars]

The Treasury secretary’s credibility as a steward of U.S. financial markets is under threat.

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