The Nasdaq and S&P 500 rallied to record-high closes on Wednesday, fueled by gains in Nvidia and other heavyweights ahead of inflation data and earnings reports.

• The S&P 500 crossed 5,600 for the first time after Federal Reserve Chair Jerome Powell stoked expectations for an interest-rate cut in September.

HubSpot shares plunged 12% after a report said Alphabet isn't buying the software company.

Today’s inflation report may solidify expectations for Fed rate cuts. CPI is expected to rise 0.1% month over month.

Elon Musk said Neuralink hopes to implant its system in a second human patient within "the next week or so."

The Federal Trade Commission plans to sue three large US health companies, arguing their tactics inflate drug prices.

US retailers like Walmart and Target have launched back-to-school promotions earlier to capture dollars before Amazon's Prime Day.

UK wages grew twice as fast as Europe and the US in June due to a 9.8% National Living Wage increase.

The share of people with medical debt in collections has fallen, but median medical debt increased to $1,493 in 2023.

Montgomery County, Maryland's business growth has lagged the DC region since 2008, suggesting it's less attractive for startups.

🇺🇦 The NATO summit agreed that Ukraine is on an “irreversible path” towards membership, contingent on the end of the war with Russia.

🇮🇳 Traffic in Mumbai will literally stop for the four-day extravaganza wedding of billionaire Mukesh Ambani's youngest son.

🇷🇺 🇺🇦 Russia engaged in a "bold" sabotage operation across NATO states, targeting weapons supply lines for Ukraine.

🇺🇸 An exiled Chinese businessman stole millions from online followers through bogus investment schemes, a US prosecutor alleged.

🇯🇵 Japan's wholesale inflation accelerated in June as the yen's decline pushed up raw material import costs.

🇦🇷 Argentina's salt flats are gaining attention as Eramet's innovative lithium extraction technique attracts global interest.

Bitwise CCO says Ethereum ETFs are "close to the finish line," but other crypto funds may take longer for SEC approval.

Crypto investment firm Hypersphere unveiled a $130M market fund staffed by Millennium and Bridgewater alums.

Goldman Sachs announced plans to launch three tokenization projects by year-end, citing renewed momentum and client interest.

Mt. Gox repayments have shaken the crypto market, with 47,288 BTC moved and 140,000 BTC to be returned.

Rising bird flu in US cattle could be a "dangerous" step toward a human outbreak.

The Coast Guard rescued five people clinging to a cooler in Lake Erie after a wave hit their boat.

A Spanish tourist was trampled to death by elephants in South Africa after leaving his car for pictures.

NASA's first year-long mock Mars mission ended after 378 days in a simulated habitat.