📣 X/Twitter is reportedly testing a dislike button

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⏰ 10 minutes left for CPI data release—What’s your prediction?

📈 Expected: 3.1%

📊 Last Month’s CPI: 3.3%

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JUST IN: 🇺🇸 June CPI inflation rate falls to 3.0%, below expectations of 3.1%.

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JUST IN: 🇷🇺 Russian President Putin announces BRICS will form its own parliament.

"BRICS doesn't have an institutionalized parliamentary structure yet, but I believe that this idea will definitely be implemented in the future in the future."

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🇺🇸 JPMorgan just said it now expects Jerome Powell and the Fed to start cutting rates in September earlier than its previous November forecast

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🇺🇸 67% of voters say Biden should step aside as the presumptive Democratic nominee, per ABC.

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🇺🇸 Market now says there is a 93% chance of at least a 25 bps interest rate cut in September. One important thing to also keep in mind is that September is the last Fed meeting before the Election.

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🇺🇸 U.S. announces new $225 million military assistance package for 🇺🇦 Ukraine

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📣 Jeff Bezos of Amazon, $AMZN, has just filed for sale of another $400 million in $AMZN shares.

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🇨🇳 40 Chinese Banks "vanished" during a single week in June

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BREAKING: 🇺🇸 Annualized interest payments on US federal debt just reached an all-time high of $1.14 trillion.

This is more than DOUBLE the amount of interest recorded in 2022 when the Fed started raising rates.

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🚨 Elon Musk says "the European Commission offered X an illegal secret deal: if we quietly censored speech without telling anyone, they would not fine us.

The other platforms accepted that deal.

X did not."

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📣 Meta Platforms plans to release the largest version of its open-source Llama 3 model on July 23,

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🇺🇸 US bankruptcies just hit their highest level in 14 years:

346 companies have declared bankruptcy through June 2024, the most since 2010, a year after the Financial Crisis.

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Number of billionaires.

🇺🇸 US: 735
🇨🇳 China: 495
🇮🇳 India: 169
🇩🇪 Germany: 126
🇷🇺 Russia: 105
🇭🇰 Hong Kong: 66
🇮🇹 Italy: 64
🇨🇦 Canada: 63
🇹🇼 Taiwan: 52
🇬🇧 UK: 52
🇧🇷 Brazil: 51
🇦🇺 Australia: 47
🇫🇷 France: 43
🇨🇭Switzerland: 41
🇯🇵 Japan: 40

(Source: Forbes)

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