Markets
Gold Retreats as Middle East Tensions Fuel Inflation Fears
Gold prices declined on Wednesday, pressured by escalating Middle East tensions driving oil higher and intensifying concerns over inflation and potential interest...
#Inflation 109 articles
Economy
Australia’s Q1 Growth Halves, Misses Forecasts Amid Household Caution
Australia's economic growth decelerated sharply in the first quarter, missing expectations as households tightened spending due to rising interest rates and higher...
Stocks
Dollar General Draws Shoppers Across Income Brackets Amid Economic Strain
Dollar General is seeing increased customer traffic from all income levels, including high-earners, as economic pressures mount. The retailer attributes this to...
Finance
Australia Boosts Minimum Wage 4.75% Amid Economic Uncertainty
Australia's industrial umpire has raised the national minimum wage by 4.75%, citing economic uncertainty and falling short of closing the real wage...
Economy
South Korea’s Inflation Quickens, Solidifying BOK’s Hawkish Policy
May consumer inflation in South Korea hit 3.1%, its highest in over two years, strengthening the Bank of Korea's hawkish stance. Rising...
Finance
Bond Market’s Inflation Warning Adds to Trump’s Midterm Challenges
The bond market is signaling a new inflation warning for President Trump's government, driving up interest rates and creating fresh economic and...
Stocks
Australians Demand Over A$1 Million for Retirement Comfort
A new survey by Colonial First State reveals Australians now believe they need over A$1 million to retire comfortably, driven by inflation...
Economy
Inflation Gauge Hits 3-Year High, Consumer Confidence Declines
A key inflation gauge accelerated in April to a three-year high of 3.8%, squeezing American finances as consumer confidence slides and mortgage...
Stocks
Wall Street Rises on Easing Middle East Tensions, Softer Inflation, Strong Earnings
Wall Street closed higher this week, buoyed by easing Middle East tensions following President Trump's announcement, softer inflation data, and robust corporate...