How to Reposition Ralph Lauren to Be Closer to the European Luxury Players

Carl Quintanilla, Sara Eisen and Mike Santoli led off the show with market reaction to fresh inflation data: The July Producer Price Index came in a bit hotter-than-expected, following Thursday's cooler-than-expected CPI report. The anchors explored what's at stake for the markets and the Fed. Also in focus: The tech sector's roughest stretch since December, President Biden calledChina a "ticking time bomb" due to its economic challenges, getting ahead of the curve on next week's retail earnings from Walmart, Target and Home Depot, what X Corp. CEO Linda Yaccarino told Sara about a potential Musk-Zuckerberg cage match.

Squawk on the Street Disclaimer

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.