Futures Flat, Oil Jumps After Iran Peace Talks Break Down

How Many $2,500 Foldable iPhones Will Apple Ship In Year One? IDC Has The Answer Apple is set to unveil its first foldable iPhone at the company's September 9 product event at 1300 ET. Ahead of what could be Apple's biggest handset launch in many years, technology market research firm International Data Corporation, better known as IDC, issued a new forecast estimating just how many foldable iPhones Apple could ship during the device's first year. Bloomberg first reported IDC's estimate that the $2,500 foldable iPhone could generate more than 10 million shipments...

This Won't End Well... Seattle Becomes First City To Price-Fix Your Groceries Authored by Mark Harmsworth via the Foundation for Economic Education (FEE) This week the Seattle City Council passed Mayor Katie Wilson's "Fair Pricing and Transparency" ordinance in a 7-2 vote, a first-in-the-nation ban on so-called surveillance pricing. The ordinance takes effect in 2027. The Washington Retail Association warned for months that the bill was rushed, would have significant and negative impact on prices, and that nearly all suggested fixes were ignored. As approved, retailers must decide whether they can keep offering...

Feared Free-Market Activist Warns Texas Stock Exchange Against Going Woke Authored by Will Hild via The Center Square, As the Texas Stock Exchange begins its launch, Texans have every reason to celebrate. Soon, the TXSE will join Nasdaq Texas as a fully functioning venue, and the NYSE has signaled a strong commitment to Texas as well. It is clear that Texas is emerging as a serious challenger to New York as the nation's financial capital. Texas Gov. Greg Abbott rings the Closing Bell of the New York Stock Exchange (NYSE) in celebration...