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Top Midday Stories: August Consumer Prices Top Expectations; FTC Opens Probe Into Safety of Tech Giants' AI Chatbots
Sep 11, 2025
12:14 PM EDT, 09/11/2025 (MT Newswires) -- All three major US stock indexes were up in late-morning trading Thursday, as the latest batch of inflation data did nothing to dissuade investor sentiment that the Federal Reserve will cut interest rates next week. The US seasonally adjusted consumer price index, a measure of inflation, rose by 0.4% in August, above expectations...
Portland General Electric Insider Sold Shares Worth $803,080, According to a Recent SEC Filing
Sep 11, 2025
12:43 PM EDT, 09/11/2025 (MT Newswires) -- Maria M Pope, Director, President and CEO, on September 10, 2025, sold 18,896 shares in Portland General Electric ( POR ) for $803,080. Following the Form 4 filing with the SEC, Pope has control over a total of 194,135 common shares of the company, with 194,135 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/784977/000078497725000158/xslF345X05/wk-form4_1757608400.xml Price:...
Pentagon starts process of finding Golden Dome contractors
Sep 11, 2025
WASHINGTON, Sept 11 (Reuters) - The Pentagon's Missile Defense Agency has begun the process of doling out contracts for President Donald Trump's marquee Golden Dome missile defense shield, according to a solicitation notice posted on Wednesday. Golden Dome's ambitions mirror those of Israel's Iron Dome - a homeland missile defense shield - but a larger, more complex layered defense system...
US Equity Indexes Scale New Peaks After Labor Market Weakness Trumps Hot Inflation Print
Sep 11, 2025
12:26 PM EDT, 09/11/2025 (MT Newswires) -- US equity indexes rose in midday trading on Thursday, with all three benchmark gauges touching all-time highs intraday, as odds favoring three interest-rate cuts this year jumped following a hot consumer price inflation print and a surge in jobless claims. The Dow Jones Industrial Average traded up 1.3% to 46,058.3, after hitting an...
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