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Consumer Prices Rise 3.4% in July 2026 Amid Energy Price Surge

08/12/2026, 08:36 AM business forecast
The July consumer price index showed a slight moderation in inflation, rising 3.4% year-over-year, which may influence the Federal Reserve's interest rate decisions in the coming months. Despite high energy prices, food inflation remained relatively stable, indicating mixed economic pressures.
Home Depot

Home Depot CEO Ted Decker Takes Temporary Medical Leave; Ann-Marie Campbell and Richard McPhail to Lead Operations

08/12/2026, 07:36 AM business announcement Home Depot
Home Depot's CEO Ted Decker is on a temporary medical leave, prompting the appointment of two senior executives to manage operations and finances during his absence. This leadership change comes just before the company's upcoming fiscal earnings announcement, raising questions about its potential impact on performance and investor confidence.

Solar Eclipse Drives Hotel Prices in Europe to Over $1,000 a Night

08/12/2026, 07:36 AM growth travel
The upcoming solar eclipse on August 12 has led to a dramatic increase in hotel and short-term rental prices in parts of Europe, with some locations seeing rates more than double compared to last year. This surge highlights the impact of unique events on travel demand and pricing strategies in the hospitality sector.