Stocks are closing higher on Wall Street, giving the S&P 500 its first 4-week winning streak since November.

Saudi oil company Aramco’s half-year profits peaked just shy of $88 billion as oil prices remain high globally.

Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy’s inflationary pressures cooled last month.

The European Union says a new U.S. tax credit plan aimed at encouraging Americans to buy electric vehicles could discriminate against European producers and break world trade rules.

Disney said it is raising prices for streaming subscribers in the U_S_ who want to watch Disney+ without ads as more viewers switch to what CEO Bob Chapek described Wednesday as the “best value in streaming.”.

KANSAS CITY — Butterfly Equity, a Los Angeles-based private equity firm, has agreed to acquire the fast-casual chain Qdoba Mexican Eats from Apollo Global Management for an undisclosed sum.

SAN FERNANDO, CALIF. — Better-for-you tortilla and baked foods company Mr. Tortilla has recently become the top-selling tortilla brand on Amazon in the United States, Canada and the United Kingdom, according to the company. Founders and brothers Anthony and Ronald Alcazar now are seeking more investment partners to support further market expansion after this rapid e-commerce growth.

Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is still running at close to its highest level in four decades.