People shop at a supermarket in Montebello, California, on August 23, 2022.
Frederic J. Brown | AFP | beautiful pictures
Here are the most important news items investors need to start their trading day:
US stock futures rose ahead of highly anticipated inflation data on Tuesday morning. The consumer price index for August will be released at 8:30 a.m. ET and investors will be watching. Analysts think prices are up slowed down last month, especially when fuel prices fall. The report comes ahead of next week’s Federal Reserve meeting, at which central banks will decide how much more they will raise interest rates. For now, three-quarters of a point has been effectively included, but Tuesday’s data could alter expectations of what’s next. “The durability of the rally will likely be determined by Tuesday’s CPI report and the tone of next week’s FOMC meeting,” said Nationwide’s Mark Hackett.
Ukraine’s President Volodymyr Zelenskyy speaks during a joint press conference with Polish Prime Minister Mateusz Morawiecki and Latvian President Egils Levits, amid Russia’s invasion of Ukraine, in Kyiv, Ukraine September 9, 2022.
Valentine Ogirenko | Reuters
The Ukrainian army has done more progress in a shocking counterattack against Russia. Ukrainian President Volodomyr Zelenskyy told citizens this week: “From the beginning of September until now, our soldiers have liberated more than 6,000 square kilometers of Ukrainian territory – in the east and south.” “The movement of our troops continues.” Ukraine’s recent success, fueled by American and Western money and weapons, has pushed back the state of war – and put heavy political pressure on Russian President Vladimir Putin. Experts believe this could prompt him to escalate aggression in the former Soviet state, or possibly initiate serious cease-fire negotiations.
Brendan Hunt, Jason Sudeikis and Brett Goldstein star in AppleTV+’s “Ted Lasso”.
Discovery of Warner Bros.HBO’s HBO has held on to its throne as the dominating Primetime Emmys with multiple wins from the limited series “The White Lotus” and “Succession.” But Netflix and Apple There are no such bad nights. In fact, at one point, Netflix’s Korean drama “Squid Game” looked poised to score a nasty score in the Best Drama category after snagging wins for directing and acting. . But “Succession” eventually prevailed. On the humorous side, Apple’s “Ted Lasso” comes out on top, but Disney-owned ABC’s “Abbott Elementary” also had a strong performance.
A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida.
Joe Raedle | beautiful pictures
There’s no doubt: Barry McCarthy is totally in charge Peloton. The CEO announced Monday that executive chairman John Foley, one of the company’s co-founders and its chief executive officer for nearly 10 years of its existence, has leave the company. (Hisao Kushi, another co-founder, is also leaving his role as chief legal officer next month.) The executive changes come as McCarthy pursues a sweeping plan to rejuvenate her baby. of a once-pandemic pandemic, whose business began to struggle as people ventured out of their homes to exercise when Covid restrictions were lifted. As of the end of Monday, Peloton’s stock was down nearly 70% this year.
Travelers arrived at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across the United States.
Paul Hennessy | Lightrocket | beautiful pictures
Why? Because fares are already high, and it can be difficult to get a seat down the line. Hopper, which tracks airfares, said this year’s Thanksgiving and Christmas flights will be the highest in five years. People are adjusting to life with Covid, especially with widely available vaccines and treatments, and they are eager to see family and friends again they haven’t seen in years. Or they just want to get out. According to Hopper, the average domestic airfare for Thanksgiving is $350, 20% higher in 2019, pre-pandemic, while round-trip domestic Christmas tickets are about a third more expensive. with 2019, at $463.
– CNBC’s Carmen Reinicke, Patti Domm, Holly Ellyatt, Sarah Whitten, Jack Stebbins and Leslie Josephs contributed to this report.