Soft CPI Lifts Markets; Hospital M&A Holds Momentum in Q2
June CPI drops to 3.5%, banks post blockbuster earnings, and hospital deal activity stays brisk—here’s what matters this week.
Federal Reserve
AI Tech Selloff Rattles Markets; PBM Merger Abarca-LucyRx
Abarca Health and LucyRx combine to serve 9M+ members; Big Tech AI selloff shakes Wall Street; Iran deal eases oil; Fed outlook shifts.
Fed’s Warsh Sparks Rate-Hike Bets
Dental Care Alliance slashes debt by $1.1B, Lone Peak lands $15M, and new Fed Chair Warsh jolts bond markets with hawkish debut signals.
Fed’s Warsh Signals Rate Hike; SpaceX Retail Surge
Fed Chair Warsh drops cutting bias, futures price in a hike; SpaceX retail frenzy; U.S.-Iran deal reopens Strait of Hormuz; InStride raises $30M.