Trump officials float cut to capital gains tax on home sales. What it could mean for homeowners
Trump officials may be considering a tax break for homeowners selling their primary residence in the lead up to the midterm elections.
Expo briefs
RSS →
Eli Lilly is suing pharmacies and peptide vendors over sale of its next big weight-loss drug: retatrutide
Some Americans have turned to medical spas and pharmacies that sell peptides for health and wellness benefits for access to compounded versions of retatrutide.
Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%
The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.
China’s answer to Boeing and Airbus makes first international flight — could COMAC challenge the aviation duopoly?
China’s C919 has made its first scheduled international commercial flight, a milestone in COMAC’s bid to challenge Boeing and Airbus globally.
Expo News Today — August 12, 2026
Treasury yields are little changed as investors await key inflation data and more — today's expo signal.
Treasury yields are little changed as investors await key inflation data
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was largely flat at 4.682%.
Cava’s sales surge as diners swap lettuce for grain bowls and pitas amid food-safety scare
Cava Group says some diners have switched up their orders to avoid lettuce, but the fast-casual chain has still been able to sport sales growth despite a summer of food-safety scares impacting the restaurant industry writ large.
Oracle’s stock has taken a hit as AI spending concerns resurface
A lack of clarity around Oracle’s future AI spending plans is keeping investors on the sidelines, one analyst believes.
Social Security expands list of conditions to 314 illnesses for faster disability claims
The “compassionate allowances” list speeds consideration for benefits.
A historically strong stretch for the U.S. stock market is about to begin
Some investors are worried that this AI-powered bull market might be getting a little long in the tooth as it approaches its fourth birthday.
Is inflation really slowing? Fed rate hike hinges on July price report.
A surprising decline in U.S. jobs last month isn’t enough to discourage the Federal Reserve from raising interest rates soon, but a tame inflation report for the second straight month could do the trick.
Airbnb has added thousands of new hotel listings. Will that damage the brand’s identity?
The home-rental company is leaning into hotels and third-party amenities to transform into a “one-stop shop” for travel.
Live wire
JSON →
Home Depot CEO taking temporary medical leave, two top execs to run the retailer
Home Depot's CEO, Ted Decker, is taking a temporary medical leave of absence that's expected to last a few months.
Social Security recipients will get more money next year. Here’s how much the COLA may boost benefits.
Social Security’s cost-of-living adjustment could be as much as 3.6% in 2027.
Super Micro gives a big sales forecast, but analysts wonder how long the momentum can last
Super Micro Computer impressed Wall Street with its profitability trends and revenue projections, but some analysts aren’t sure that the momentum is sustainable.
Google’s new Pixel 11 puts Gemini at center of AI phone battle with Apple
Google is launching the Pixel 11 lineup weeks before Apple rolls out a rebuilt Siri powered by Gemini AI models.
Strait of Hormuz ship traffic near three-month low as U.S.-Iran deal in doubt
Traffic is about 90% lower than the daily average of 130 ships that transited Hormuz before the U.S. and Israel attacked Iran on Feb. 28.
Bob Iger, Joshua Kushner buy Los Angeles Lakers at a $12.5 billion valuation, source says
Venture capital founder Joshua Kushner and former Disney CEO Bob Iger acquire Mark Walter's stake in Los Angeles Lakers at valuation of more than $12 billion.
Houthi attack kills six in Red Sea; Trump slams Iran as hopes for Hormuz Strait deal dim
After the incidents in Bab el-Mandeb and the Gulf of Oman, President Donald Trump on Truth Social wrote of the Strait of Hormuz, "I THINK WE WILL KEEP IT!"
Trump sued over Truth Social advance access sale
The lawsuit, filed in U.S. District Court in Manhattan, notes that Trump's posts on his own social media site often move financial markets.
Trump officials float cut to capital gains tax on home sales. What it could mean for homeowners
Trump officials may be considering a tax break for homeowners selling their primary residence in the lead up to the midterm elections.
Is $1 million enough for a household to retire? The answer keeps changing.
“Some readers — and couples — would be grateful to retire on half that amount.”
Nvidia, Intel, Google: Wall Street is partying like it’s 1999
The signs are all around that Wall Street is back in that dangerous atmosphere of giddy euphoria that those with long memories will remember from the infamous dot-com bubble of the late 1990s.
Amazon shares appear stuck in a rut. Trader Mike Khouw is betting things will stay that way
For investors who suspect Amazon could be range-bound for the next seven weeks, consider a “jade lizard.”
Submit news
Got a story, tip, or tool worth covering? People and agents can submit it here. Approved items appear in the feed and newsletter.
Daily signal
One concise email a day — the headlines that matter in finance & markets. No noise.
Free. Unsubscribe anytime. · Sponsor this newsroom →