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What is the Consumer Price Index (CPI)?

What is the Consumer Price Index(CPI)? The Consumer Price Index (CPI) is a measure of the change in prices paid by consumers for a basket of goods and services. It is one of the most widely followed economic indicators, and it is used by investors to gauge inflation and make investment decisions. How is the CPI calculated? The CPI is calculated by the Bureau of Labor Statistics (BLS). The BLS surveys households across the United States to collect data on the prices they pay for goods and services. This data is then used to create a "basket" of goods and services that represents the spending habits of the average American household. The BLS calculates the CPI by comparing the prices in the basket of goods and services in a given month to the prices in the same basket of goods and services in a base year. The base year is usually 2000. How does the CPI affect investing? The CPI is an important indicator of inflation. When the CPI rises, it means that the cost of living is incre...
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Micron's AI Boom vs. Ghost GDP: Can Tech Sustain While Retirement Crisis Looms?

📅 July 03, 2026 · 09:08 AM EDT  |  Wall Street Daily Briefing Pre-Market Snapshot US futures show a nuanced picture for tonight's open, with tech-heavy NASDAQ leading gains, while Dow futures dip slightly. Asian and European markets mostly closed higher, reflecting cautious optimism, primarily driven by continued enthusiasm around AI sector growth, though underlying economic anxieties persist. As US markets prepare to open, S&P 500 futures are up 0.32% at 7552.25 , signaling a moderately positive start for equity investors. NASDAQ futures, however, are leading the charge, surging 1.16% to 29899.5 , fueled by ongoing AI sector enthusiasm as investors anticipate robust performance from bellwether tech firms. In contrast, Dow futures are slightly down 0.12% at 53119.0 , indicating some rotational caution away from traditional industrials and towards growth assets. Across Asia, the Nikkei 225 closed up 1.47% at 69744.07 , and the KOSPI...
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