Markets
Gold Plunges 2% Below $4,600 Amid Oil-Driven Inflation Fears
Gold prices tumbled over 2 percent on Friday, hitting a one-week low as a stronger dollar, rising Treasury yields, and escalating oil...
#Inflation 186 articles
Markets
Crude Oil Soars Past $105 as Hormuz Blockade Persists After US-China Summit
Crude oil prices surged past $105 per barrel on Friday after the U.S.-China summit concluded without a breakthrough on the Strait of...
Economy
Gold Drops as Inflation Fuels Rate Hike Bets, Dollar Strengthens
Gold is heading for a weekly decline, pressured by surging US inflation and expectations for higher interest rates. A stronger dollar and...
Economy
Global Markets Retreat as Inflation Fears Intensify, AI Trade Questioned
Stocks and bonds declined globally as rising oil prices deepened inflation concerns and investors reassessed the longevity of the artificial intelligence rally....
Economy
Retail Sales Growth Halves in April as Higher Gas Costs Curb Spending
U.S. retail sales growth slowed significantly in April to 0.5%, down from March's 1.6%, as elevated gas prices, fueled by the Iran...
Economy
Poland’s Wnorowski Flags Economic Risks Over Inflation Concerns
MPC member Henryk Wnorowski prioritizes safeguarding economic growth from geopolitical shocks over immediate inflation control, urging caution on interest rate hikes for...
Economy
Iran’s Economy Falters Under War, Blockade: Inflation Soars, Rial Plummets
Iran's economy faces unprecedented strain from war and US blockade, with annual inflation at 53.7% and the rial losing over half its...
Markets
Kevin Warsh Confirmed as Fed Chair Amid Inflationary Headwinds
Kevin Warsh has been confirmed as the next Federal Reserve Chair, stepping into a challenging economic environment marked by rising inflation and...
Stocks
Dollar Gains on Weak Stocks, Oil Price Jump, Inflation Data
The dollar index advanced +0.34% on Tuesday, propelled by surging crude oil prices, renewed geopolitical concerns, and stronger-than-expected US inflation data. Stock...