inflation - Page 2

7 months ago

Inflation Eases, But Concerns Persist as 2024 Election Approaches

As the U.S. gears up for a pivotal presidential election, inflation has quietly returned to normal levels, but it remains a top concern for many voters. According to a recent Ipsos poll,

U.S.-Stocks-Rally-After-Fed-Rate-Cut-Amid-Post-Election-Gains

Markets

6 months ago

U.S. Stocks Rally After Fed Rate Cut Amid Post-Election Gains

U.S. stocks continued their post-election surge Thursday, buoyed by the Federal Reserve’s decision to cut interest rates. All three major indexes touched record highs during the session, building on momentum seen earlier

4-Strategies-to-Maximize-Holiday-Savings-in-a-High-Cost-Year

Personal Finance

6 months ago

4 Strategies to Maximize Holiday Savings in a High-Cost Year

As economic concerns linger across the country, American households are grappling with rising costs and financial stress this holiday season. According to the National Retail Federation, holiday spending in the U.S. is

ECB Cuts Interest Rates Amid Growing Trade Tensions

In a move to stabilize the euro zone’s fragile economy, the European Central Bank (ECB) made a 25-basis-point cut to its interest rates on Thursday, lowering its key deposit facility rate to

2 weeks ago

Economy

wall-street-ends-higher-despite-rising-u.s.-china-tariffs

Wall Street Gains Despite Ongoing U.S.-China Trade War

Market Resilience Amidst Tariff Tensions Wall Street ended on a positive note last Friday, despite the ongoing trade tensions between the U.S. and China. The Nasdaq, Dow Jones, and S&P 500 all

3 weeks ago

Markets

gasoline-prices-expected-to-fall-amid-u.s.-china-trade-war

Gasoline Prices Predicted to Fall Amid US-China Trade War

Current Gasoline Price Trends As of Friday, the national average price of gasoline was $3.21 per gallon, reflecting a $0.13 increase from a month ago but a nearly $0.42 decrease compared to

3 weeks ago

Economy

Consumer Sentiment Hits Record Low Amid Inflation Fears

Consumer sentiment fell to unexpected lows in April, driven by rising inflation expectations. The University of Michigan’s mid-month survey revealed that consumer confidence had sharply dropped, marking the lowest reading since June

3 weeks ago

Economy

U.S. Egg Prices Hit New High Despite No Bird Fl

U.S. egg prices surged again last month, reaching a new record of $6.23 per dozen. This comes despite President Trump’s optimistic projections, a decline in wholesale prices, and no recent bird flu

3 weeks ago

Economy

Indonesia Central Bank to Intervene as Rupiah Hits Record Low

Bank Indonesia to Act Boldly Amid Global Trade Tensions Indonesia’s central bank, Bank Indonesia (BI), announced its intention to take bold steps to stabilize the rupiah, which has hit a record low

3 weeks ago

Economy

JPMorgan CEO Dimon Warns of Inflation and Growth Slowdown

Dimon Criticizes Trump’s Tariffs in Annual Shareholder Letter JPMorgan Chase CEO Jamie Dimon expressed concerns in his annual shareholder letter about the potential economic impacts of President Donald Trump’s newly announced tariffs.

4 weeks ago

Economy

Oil Prices Plunge as Trade War Fears Drive Market Losses

Oil Prices Drop Amid Escalating Trade War Tensions Oil prices plunged nearly 8% on Friday, heading toward their lowest close since the middle of the pandemic in 2021, as China intensified tariffs

4 weeks ago

Economy

Gold Climbs as Markets Brace for Trump’s Tariff Rollout

Prices near record highs amid safe-haven demand Gold prices rose on Wednesday, edging closer to their all-time high as investors sought safety ahead of President Donald Trump’s anticipated announcement of sweeping new

1 month ago

Business

Fed Officials Caution on Rates Amid Inflation Risks

Williams, Barkin emphasize patience as policy uncertainty grows New York Federal Reserve President John Williams said Monday that the current stance of U.S. monetary policy is “well positioned” for what the economy

1 month ago

Economy