The "Magnificent Seven" are a group of seven of the largest and most influential technology-focused companies. The term has been used for these companies since 2023, when they were grouped together ...
Current 12-month inflation at 3.8%, just above the Fed's 2% target. Core inflation, minus food and energy, increased to 2.6% from last year. Energy inflation spiked 17.9%, driven by the Iran conflict.
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