Rising CPI
US inflation rose for the second consecutive month in August, driven by higher gas prices. However, core inflation, which excludes food and energy prices, continued…
US inflation rose for the second consecutive month in August, driven by higher gas prices. However, core inflation, which excludes food and energy prices, continued…
Global oil prices surged past $92 a barrel on Tuesday, reaching their highest level in almost 10 months. This rise comes as the energy market…
Fueled by a resurgent stock market and rising home values, US household wealth reached a historic high of $154.3 trillion in the second quarter of…
US inflation has significantly slowed over the past year as the Federal Reserve took aggressive measures to increase interest rates, aiming to curb demand and…
The US dollar is on its longest winning streak in nearly nine years, with eight consecutive weeks of gains against major currencies, marking its best…
Elon Musk’s X Corp, the parent company of the social media platform formerly known as Twitter, is taking legal action against California’s attorney general, Robert…
Apple ‘s shares took a sharp hit, declining by 2.9% on a fateful Thursday. The cause? Reports that China was expanding its ban on the…
Economists have recently coined a new phrase in their discussions: “Immaculate Disinflation.” While there isn’t an official definition for “Immaculate Disinflation,” it’s being used to…
Oil prices have surged to new highs for the year as Saudi Arabia and Russia, the world’s top crude exporters, announced an extension of their…
The UK economy rebounded from the Covid-19 pandemic more swiftly than previously believed, thanks to substantial revisions in official statistics that have transformed Britain’s economic…