Economy
Gas Price Drop Likely Slowed Inflation Last Month
Falling gas prices are expected to have curbed inflation in June, offering consumers a reprieve. However, renewed Middle East conflict is driving...
Economy 240 articles
Economy
Smartphone Sales Hit 13-Year Low as Price Hikes Bite
Global smartphone shipments fell 11% in Q2, reaching a 13-year low, as manufacturers passed rising memory component costs to consumers, Counterpoint Research...
Economy
Dice Not Included: The Cost of ‘Made in USA’ Monopoly
After tariffs hit, WS Game Company CEO Jonathan Silva tried making a Monopoly edition in the U.S. He faced soaring costs, supply...
Economy
Fuel Prices Defy Crude Drop, Slamming Consumers
Refined fuel prices are rebounding despite easing crude oil, creating a record gap that's hitting consumers and threatening inflation goals ahead of...
Economy
Warsh Congressional Debut, Inflation Data Frame July Fed Rate Path
Federal Reserve Chairman Kevin Warsh faces Congress this week as new US inflation data is released, setting the tone for the July...
Economy
Fed Chair Warsh Assembles Five Expert Task Forces for Comprehensive Policy Review
Federal Reserve Chairman Kevin Warsh has launched five independent task forces, co-led by external advisors, to critically examine the Fed's methods, analytical...
Economy
US Jobless Claims Dip to 215,000, Layoffs Stay Low
US jobless claims fell to 215,000 last week, signaling historically low layoffs. However, June's job growth was tepid, and hiring has slowed...
Economy
Gold Holds Steady as Iran Strikes Cloud Rate Outlook
Gold trades in a narrow range, influenced by US strikes in Iran raising inflation fears and uncertainty over the Federal Reserve's interest...
Economy
China’s Robotaxi Ambition: Can EV Success Be Replicated Globally?
China's self-driving car firms are leveraging the nation's robust EV supply chain and complex urban environments to accelerate robotaxi development, aiming for...