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...
#Inflation 160 articles
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...
Economy
Japan’s Smaller Firms’ Wage Growth Imperiled by Mideast Conflict, Cost Hikes
Japan's small firms, which employ the majority of the nation's company employees, face significant challenges in sustaining wage growth as the Middle...
Economy
Australian Consumer Sentiment Plunges to Deep Pessimism
Australian consumer sentiment has fallen into 'deeply pessimistic' territory as households grapple with rising living costs and housing market uncertainties.
Stocks
Korea’s AI Boom Drives Government Bond Yields to 2023 High
South Korea's government bonds have lost 7.5% this year, the worst among 44 markets, as AI-driven economic growth fuels inflation and rate...
Markets
ECB Primed for Quarter-Point Hike, Leads G7 Tightening Efforts
The European Central Bank is set to deliver a quarter-point interest-rate hike this week, positioning it as the G7's lead hawk in...