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Inflation expected to stay steady

The rate of inflation likely outpaced growth in Americans’ wages last month, according to projections, even as energy prices moderated slightly. The Bureau of Labor Statistics is scheduled to release the consumer price index for July at 8:30 a.m. ET. Economists surveyed by Dow Jones expect it will show 3.4% …

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Meta, TikTok lose bid to dismiss thousands of social media addiction lawsuits

Meta CEO Mark Zuckerberg reveals the new Muse open-source AI model. Panelists on ‘Mornings with Maria’ discuss the economic benefits of data centers and warn of falling behind China in the AI arms race. A federal appeals court refused to dismiss thousands of lawsuits against Meta, Google, TikTok and Snapchat, allowing complaints alleging the …

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