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...
#Inflation 38 articles
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...
Finance
NY Fed’s Williams: Inflation, Job Risks Balanced; Favors Steady Rates
New York Fed President John Williams states risks to inflation and employment from higher energy prices are 'in balance,' advocating for holding...
Finance
Energy Shock Drives UK Firms’ Price Hike Plans, BOE Reports
UK businesses are planning larger price increases, projecting a 3.7% rise over the next year, in response to surging energy costs, a...
Economy
Trump’s Tariffs: One Year On, Economic Boom Remains Elusive
A year after President Trump imposed double-digit tariffs, the promised economic boom has not materialized. Manufacturing is in a slump, inflation remains...
Economy
CAC 40 Plunges 1.1% as Oil Prices Near $109 Amid Geopolitical Tensions
French stocks fell sharply on Thursday, with the CAC 40 losing 1.1% as Brent crude futures climbed to nearly $109 a barrel...