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Wall Street week ahead: inflation, retail sales updates

Business

Wall Street week ahead: inflation, retail sales updates
Business

Business

Wall Street week ahead: inflation, retail sales updates

2026-08-08 16:00 Last Updated At:16:10

NEW YORK (AP) — Reports on inflation and retail sales are the central updates for Wall Street this week.

The reports help give investors and economists a better sense of where prices are moving on a wide range of goods and services, while also providing a clearer picture on the impact to businesses and households.

On Wednesday, the U.S. will release its consumer price index, or CPI, for July. It is a detailed report on prices for a wide range of goods and services. Economists expect it to show that the rate of inflation remains above 3%.

On Thursday, the U.S. will release its producer price index, or PPI, for July. It shows costs for businesses before they’ve passed them along to consumers. That helps give a more detailed view of some of the inflation pressures facing companies.

On Friday, the U.S. will release its retail sales report for July. It gives details on monthly sales for a wide range of businesses. The data in the report can also give clues as to how much people are spending and where they are focusing their spending.

Inflation remains a key focus for Wall Street and the Federal Reserve. Stubborn inflation could hurt consumer spending, and in turn, the broader economy. The Fed has been closely watching inflation’s direction and is expected to raise interest rates in order to help tame rising costs before the end of the year.

Financial information is displayed on the screen on the floor of the New York Stock Exchange, Friday, Aug. 7, 2026, in New York. (AP Photo/Yuki Iwamura)

Financial information is displayed on the screen on the floor of the New York Stock Exchange, Friday, Aug. 7, 2026, in New York. (AP Photo/Yuki Iwamura)

ELCHE, Spain (AP) — Brighton midfielder Facundo Buonanotte will play for Spanish team Elche this season in what is the Argentine playmaker's fourth loan spell since joining the Premier League club in January 2023.

The 21-year-old Buonanotte, who signed with Brighton from Rosario Central, was loaned to Leicester for the 2024-25 season and split last season between Chelsea and Leeds.

Buonanotte played regularly for Leicester but had trouble getting minutes at both Chelsea and Leeds.

“Facundo is a talented young player who has continued to develop since joining the club,” Brighton sporting director Mike Cave said in the team's announcement late Friday. “This loan gives him the opportunity to play regular football in one of Europe’s top leagues.”

Elche finished 15th in La Liga last season.

“We believe this move will provide an excellent environment for him to gain further experience, and we’ll continue to monitor his progress closely throughout the season,” Cave said.

Buonanotte made his Argentina senior team debut in 2023 against Indonesia and played again for La Albiceleste in 2024 against El Salvador. He wasn't part of the World Cup squad.

AP soccer: https://apnews.com/hub/soccer

FILE - Leicester's Facundo Buonanotte during the English Premier League soccer match between Leicester City and Manchester City at King Power stadium in Leicester, England, Sunday, Dec. 29, 2024. (AP Photo/Rui Vieira, File)

FILE - Leicester's Facundo Buonanotte during the English Premier League soccer match between Leicester City and Manchester City at King Power stadium in Leicester, England, Sunday, Dec. 29, 2024. (AP Photo/Rui Vieira, File)

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