Economic News
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Wall Street calms, and stocks hold steadier after US inflation data comes in less bad than expected
Stocks are holding steadier on a calmer Wall Street after a report showed U.S. inflation was not as bad last month as economists expected
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US attacks Iran and Tehran retaliates across the Middle East, threatening a return to all-out war
The U.S. launched strikes on Iran hours after President Donald Trump vowed to reinstate an American blockade of Iranian ports and charge ships for safe passage through the Strait of Hormuz
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Warsh to say Fed has 'no tolerance' for high inflation but provides no hints on next move
Federal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony Tuesday, yet provided no signal about the central bank’s next steps
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Inflation cools more than expected in June as gas costs fall, underlying prices ease
U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, though much of the progress could be reversed if the Iran war keeps worsening
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Inflation fell last month on lower gas prices, while underlying inflation also cooled
Inflation fell last month on lower gas prices, while underlying inflation also cooled
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You just retired (or are about to). Now what?
If there’s one group likely to be experiencing the most consternation over inflation and economic uncertainty, it’s those who have just retired or are about to
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China's June exports surge 27% from a year earlier as AI boom drives strong demand
China has reported its export picked up pace in June, jumping 27% from a year earlier thanks to strong demand from the boom in artificial intelligence
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China’s customs agency says its exports jumped in June on strong AI-related shipments, surging 27% from a year earlier
China’s customs agency says its exports jumped in June on strong AI-related shipments, surging 27% from a year earlier
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Hundreds of economists say 'we must act now' on AI’s economic impact and job displacement risks
Hundreds of economists urge immediate action to address AI's potential impact on the economy
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Oil prices jump following the latest fighting in the Middle East, while AI stocks sink
Oil prices jumped following a weekend of attacks in the Middle East, while slumping AI stocks weighed on stock markets
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