Here is a rundown of the trending stories in the business world this week. 


<div class="block">Here is a rundown of the trending stories in the business world this week. </div>
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Need2Know Headlines

Business Breakdown: Inflation Data, Earnings Report & Thread Hits 100M Sign Ups 

Welcome back to shutter. Midday. Need to know new show time now to check in on the trending stories in the business world. I want to bring in shutters Christian from the floor of the New York Stock Exchange. Hi, Chris Big week on Wall Street. What should we expect from where you are at? The nice and that's right. So investors will be closely watching inflation data and earnings this week to get a pulse on the state of the economy. The consumer price index drops on Wednesday with economists forecasting prices up 4 10 of a percent in June from May. And if you strip out volatile food and energy costs, prices are expected to have risen by about 5% while with those price gains still elevated and expected to remain high jobs data Friday showing rising wages. Almost all traders are betting that the fed will raise rates again at its next meeting in late July. So also on top this week is the start of the second quarter earnings season. Big banks and airlines, they typically report first. So we have Delta Airlines reporting before the opening bell on Thursday and then on Friday, JP Morgan Wells Fargo and Citigroup all set to release their results before the start of trade. Right. Big week. Indeed. Else we have to talk about meta's New threads app. It seen an impressive amount of sign ups. I think I told you this morning, I was having Fomo I signed up. But what has shut news learned about this new app? That's exactly right. And you're not alone because since its launch last Wednesday, metas new social media app threads has seen over 100 million sign ups. According to figures from data platform aquiver quantitative did beat the previous download records set by open a Chad GPT app. And according to Medico Mark Zuckerberg, the app had 10 million users within the first seven hours of launch. More than 30 million by Thursday morning threads is believed to be a Twitter challenger and currently stands at less than a third of the 350 million users that Twitter is expected to have. So that said Twitter traffic has reportedly slowed since metal launch threads last week. And the sea of cloud flare shattered a screenshot to Twitter Sunday showing the traffic was quote tanking on Twitter. All right, Chris talk about India's economy. It's expected to overtake that of the US in just a few decades. We already know they have the highest population on the planet. What have we learned about that? You're right, Hanna. So India is expected to become the world's second biggest economy. By 2075 passing the US according to Goldman Sachs. So India is currently the world's fifth biggest economy but its large population, as you mentioned, plus progress in innovation and technology, higher capital investment and rising worker productivity is expected to fuel its rise. Now, the forecast implies that China will be the dominant world economy in 2075 followed by India and then the US actually coming in third even though the US is currently the world's biggest economy. So also a special program, you know, the time is almost here, Hanna at 12:30 p.m. Eastern just in about 15 minutes. Our brand new show stretching your dollar airs live from the floor of the New York Stock Exchange, giving our viewers everyday tips that we need how to make the most of our money from earnings savings spending, budgeting and investing will cover everything you need to know a tangible tips so that you can get the best job, the best pay that dream home that you've always wanted. I'm joined by experts in the field from Wall Street to main street everywhere in between and I hope you can stick around after your show and watch his debut. Oh, the Countdown is on Chris and I know you and the team have been working so hard on this show. Our viewers love stretching your dollar in general. I love to see that. Now it's a 30 minute show that of course you're hosting live at the New York Stock Exchange. I will see you in 15 minutes, my friend. Thank you.