Inflation Was 3.4% in July, Down Slightly From the Previous Month

The inflation rate cooled to 3.4% in July, the Labor Department said Wednesday.

U.S. Stocks Edge Higher After CPI Meets Forecasts

U.S. stocks rose after inflation cooled modestly in July - a critical data point for investors ahead of next month's Fed meeting.

OPEC Cuts Oil-Demand Forecast Again as Hormuz Talks Stall