U.S. companies have received approximately $71 billion in tariff refunds, but the funds are being used…
Tag: inflation
Gas Prices Near $4 as Americans Spend $308 Million More
Gas prices in the United States are approaching $4 per gallon, with Americans spending an additional…
RBI Governor Warns of Risks from Monsoon, West Asia Tensions
Reserve Bank of India (RBI) Governor Sanjay Malhotra identified geopolitical tensions in West Asia and uneven…
Rupee opens flat at 96.25 amid rising crude oil prices
The Indian rupee opened flat at 96.25 against the U.S. dollar on Thursday, as elevated crude…
Fed’s Cook warns inflation risks tied to Iran, AI spending
Federal Reserve Governor Lisa Cook expressed concerns about persistent inflation, citing the ongoing Iran war and…
Producer Prices Fall 0.3% in June, Easing Inflation Concerns
The Producer Price Index (PPI) declined by 0.3% in June, marking the lowest monthly print since…
Bitcoin, Ether Steady as Inflation Data and Tensions Rise
Bitcoin's price held steady near $65,200 on Wednesday, following a drop of 0.6% since midnight UTC,…
Cryptocurrency Market Rallies on Softer Inflation Data
Cryptocurrencies surged on Tuesday following the release of cooler-than-expected inflation data, which diminished expectations for a…
US CPI Falls 0.4% in June, Easing Rate Hike Concerns
The U.S. Consumer Price Index (CPI) fell 0.4% in June, reducing the annual inflation rate to…
US Consumer Prices Fall 0.4% in June as Energy Costs Drop
Consumer prices in the United States decreased by 0.4% in June, primarily driven by a significant…