World Business
ECB Hikes Rates as Iran War Ignites Global Inflation Wave
The Iran war continues to push up global prices and dent growth, prompting the ECB's first rate hike in nearly three years...
#Inflation 128 articles
Stocks
AI Ignites Market Records, Canadian Wealth Climbs, Inflation Debate Heats Up
North American markets hit record highs driven by AI, Canadian household wealth surpasses $18.6 trillion, while retail spaces struggle and inflation rhetoric...
Economy
Argentina’s Inflation Hits 8-Month Low, Milei Hails Economic Progress
Argentina's monthly inflation slowed to 2.1% in May, an 8-month low, providing a significant boost for President Javier Milei's economic agenda. This...
Economy
Gas Price Drop Lifts Consumer Sentiment 9% From Record Low
Consumer sentiment saw a 9% improvement in June, according to preliminary University of Michigan data, driven by easing gas prices after hitting...
Finance
US Mortgage Rate Hits 6.52%, Nears Year High Amid Geopolitical Tensions
The average long-term U.S. mortgage rate rose to 6.52% this week, just shy of its year high, driven by elevated bond yields...
Economy
Gold Drops Third Day After US Strikes Iran, Inflation Concerns Mount
Gold fell for a third day following new US strikes on Iran, escalating a conflict that has roiled global markets and stoked...
Stocks
SpaceX IPO Nears with Record $1.75 Trillion Valuation
Wall Street is anticipating the SpaceX IPO, projected to be the largest market launch in history with a $1.75 trillion valuation, potentially...
Economy
Inflation Nears 3-Year Peak as Gas Prices Climb
Consumer prices likely jumped for a third consecutive month in May, pushing inflation toward a three-year high and intensifying concerns for the...
Economy
China Consumer Inflation Flatlines as Factory Prices Climb
China's consumer prices unexpectedly stalled in May, while factory gate inflation hit its fastest pace in nearly four years, signaling a divergence...