U.S. inflation likely remained close to a four-decade high in July despite cooling energy prices, economists say.
The Labor Department on Wednesday is estimated to report that the consumer-price index rose 8.7% in July from the same month a year ago, down from 9.1% in June, according to economists surveyed by The Wall Street Journal. June marked the fastest pace of inflation since November 1981.
A group of 18 tech and cyber companies said Wednesday they are building a common data standard for sharing cybersecurity information. They aim to fix a problem for corporate security chiefs who say that cyber products often don’t integrate, making it hard to fully assess hacking threats.
Credit-score provider VantageScore Solutions LLC said it would stop factoring all medical debts that are in collections into the latest versions of its scores.
VantageScore’s decision goes beyond a recent move by Equifax Inc Experian PLC and TransUnion to remove
Elon Musk sold nearly $7 billion worth of Tesla stock in recent days, regulatory disclosures show, amid uncertainty over the fate of his $44 billion deal to buy Twitter Inc.
Mr. Musk, Tesla’s chief executive and largest shareholder, sold around 7.9 million shares between Friday and Tuesday, the disclosures show, leaving him with a 15% stake in the company.
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