Futures Flat With All Eyes On Interest Rates And Oil

DOJ And Trump Ask Supreme Court To Review $83.3 Million Carroll Verdict Authored by Matthew Vadum via The Epoch Times, The U.S. Department of Justice (DOJ) asked the U.S. Supreme Court on July 28 to intervene in the defamation dispute between President Donald Trump and writer E. Jean Carroll. The DOJ is arguing in the petition in United States v. Carroll that the federal government - not Trump personally - should be the defendant in the case that led to an $83.3 million verdict against Trump. At the same time, Trump’s private attorneys...

"That Was The Era Of The Kospi Mania": Korean Retail Traders Vow Not To Buy After Historic Rout By Youkyung Lee, Bloomberg Markets Live reporter and strategist South Korea’s retail traders have long built a reputation for embracing risk. Yet July’s punishing reversal in the Kospi has rattled even this battle-hardened cohort, exposing the limits of their tolerance for volatility. Some, like Kim Han-kyung, a Seoul resident in her late 30s, have resolved never to invest again, while others are comparing the $3.9 trillion market to a casino. Retail investors sold a record...

Pricing Doritos At $7 A Bag Cost Pepsi "Billions" In Revenue Turns out there's a price point for everything where consumers just stop paying. Guess that whole "price as a rationing mechanism" talk means something after all... Just ask Pepsi. The iconic brand had recognized for some time that its Frito-Lay snack prices were becoming too expensive, with major retailers like Walmart repeatedly raising concerns, according to Bloomberg. Even so, prices remained high as sales declined, with some chip bags climbing past $7. Popular products such as Doritos saw sharp increases, jumping...