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- 🚀 September Inflation Roundup
🚀 September Inflation Roundup
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Market Overview
Read time 1.4 minutes
Year To Date Performances:
Dow Jones | 42,495.96 | 12.68% |
S&P 500 | 5,790.16 | 22.08% |
Nasdaq | 18,302.02 | 23.95% |
Russell 2000 | 2,184.72 | 8.54% |
TSX | 24,298.85 | 16.42% |
Bitcoin | $63,126.50 | 49.27% |
Ethereum | $2,442.54 | 7.01% |
US to Canadian Dollar | $1.38 | 3.91% |
In September, U.S. inflation slowed to 2.4%, down from 2.5% in August, marking the smallest increase since February 2021. This decline was driven by lower gasoline prices and waning price pressures in housing. While categories like clothing, car insurance, and groceries saw slight price increases, economists view these as temporary. Housing inflation, a significant driver of overall inflation, has begun to ease. The Federal Reserve’s focus has shifted more towards addressing labor market concerns than inflation as interest rate adjustments continue.
As Meta's rebranding nears its third anniversary, its initial vision of virtual worlds hasn't fully taken off. However, Meta has found success with its Ray-Ban smart glasses and is now generating excitement around its AR glasses prototype, Orion. At the recent Meta Connect event, CEO Mark Zuckerberg showcased the Orion glasses, which feature neural signal controls and holographic displays. While the consumer version is still years away, Meta is strengthening its relationship with developers to push AR and VR forward, supported by growing enthusiasm from both employees and investors.
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Headlines
Social Security has announced a 2.5% cost of living adjustment for next year.
Trump Media shares have doubled in price from their low less than a month ago, as Trump rises in the polls.
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Onwards and Upwards,
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