Gold prices are on track for their largest weekly decline since early June, primarily due to…
Tag: inflation
Tech Sector Declines Despite Positive Inflation Data This
Wall Street experienced a significant selloff this week, despite the release of encouraging inflation data. The…
US import prices rise 0.3% in June, largest annual gain
US import prices unexpectedly rose by 0.3% in June, marking the largest annual increase in imported…
Inflation Pressures Persist Despite Recent Cooling Trends
Inflation remains a significant concern for U.S. households, even as it shows signs of cooling in…
U.S. Firms Receive $71 Billion in Tariff Refunds Amid
U.S. companies have received approximately $71 billion in tariff refunds, but the funds are being used…
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…