Economy
Gold Plunges 1.9% as Hormuz Incidents Reignite Inflation Fears
Gold dropped sharply after vessels came under fire in the Strait of Hormuz, renewing energy supply fears and stoking inflation concerns amid...
#Inflation 186 articles
World Business
US Gasoline Prices Top $4 Mark Again
US regular gasoline prices have surpassed $4 a gallon for the first time since 2022, driven by global energy supply disruptions. This...
Markets
Markets Rebound Sharply, Erasing Iran War Losses on Talk Optimism
U.S. equity markets saw significant gains on April 14, recovering losses tied to U.S.-Iran tensions, driven by de-escalation hopes and cooler wholesale...
Finance
Singapore Central Bank Eyes Tightening as Oil Prices Lift Costs
Singapore's central bank is expected to tighten monetary policy this Tuesday, driven by rising import costs from the Iran war and inflation...
Stocks
Gasoline Prices Jump Most in 60 Years, U.S. Inflation Soars
U.S. gasoline prices recorded their largest monthly increase in nearly 60 years last month, pushing average retail prices above $4/gal due to...
Markets
Middle East Conflict Jolts India’s ‘Goldilocks’ Economy, Threatens Rupee
India's once-optimistic economic outlook faces severe headwinds as the Middle East conflict triggers a triple energy shock, impacting its currency, stock markets,...
Economy
Tax Refunds Up 11%: Americans Splurge and Cover Rising Costs
Average tax refunds are 11% higher this year, driven by recent tax cuts. Americans are using the extra cash for both discretionary...
Finance
Vietnam’s Q1 Growth Dips to 7.83% as Energy Costs Bite
Vietnam's economic expansion decelerated in Q1, reaching 7.83%, as escalating Middle East tensions drove up energy costs and disrupted global trade, complicating...
Finance
US 30-Year Mortgage Rate Hits 6.46%, Damping Spring Home Sales
The average U.S. long-term mortgage rate climbed to 6.46%, its highest in nearly seven months, marking a fifth consecutive weekly increase and...