Oil prices surge after U.S. renews Iran strikes, heightening inflation fears
Oil prices surged Tuesday after the U.S. military announced further strikes against Iran, deepening inflation concerns and extending an earlier…
Warsh-led Fed leaves rates on hold and a bond market scratching its head
A divided Federal Reserve left interest rates unchanged on Wednesday even as U.S. central bank chief Kevin Warsh pledged an…
US consumer inflation increases steadily, but households paying more for food and rents
U.S. consumer prices increased in December, lifted by higher costs for rents and food as some of the distortions related…
Inflation held firm in July amid Trump tariff push
Consumer prices rose 0.2 percent in July, according to data released Tuesday by the Bureau of Labor Statistics (BLS), as…
