Import prices post surprise gain as costs of goods from China hit highest since 2008
Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.
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Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline
As with consumer prices, the index benefited from easing energy costs, particularly as oil fell due to the brief pause in tensions between the U.S. and Iran.
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India's inflation accelerates to 4.38% in June, exceeding forecasts
Inflation has risen for the eighth straight month in India, as food and energy prices rise due to the Iran war and deficient rainfall.
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'Funflation' hits home: Why staying in isn't the cost-saver it used to be
Following a wave of price hikes, at-home pastimes like streaming movies or playing video games are pinching pocketbooks.
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SK Hynix: South Korean chip giant raises $26.5bn in US share sale
The shares are set to start trading on the Nasdaq on Friday in what will be the largest ever debut by a foreign firm.
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World Cup could boost the June jobs report by 40,000, Goldman estimates
Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus.
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Private payrolls rose by 98,000 in June, less than expected, ADP reports
Companies added slightly fewer workers than forecast, with hiring targeted heavily toward healthcare-related sectors.
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Core inflation rate hit 3.4% in May, highest since October 2023, Feds preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
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Trump pledges rapid U.S. response for Venezuela after historic earthquakes kill hundreds
The swift U.S. offer of assistance reflects a degree of diplomatic realignment between the Trump administration and the Venezuelan interim government.
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Oil price falls to levels not seen since before Iran war
Energy prices have been on a wild ride since Iran responded to US and Israeli attacks by effectively closing the Strait of Hormuz.
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Factory job cuts in June neared financial crisis and Covid levels, S&P says
Though the firm's manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.
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U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran
The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran an economic lifeline as negotiations toward a peace deal proceed.
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Struggling to find a job？ Try looking in Nevada
The sparsely populated state known for its world-class casinos and dry climate has been a hiring hot spot.
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Hormuz relief may not ease the economic toll that's already 'baked in,' analysts warn
Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.
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Hormuz relief may not ease the economic toll that's already 'baked in,' analysts warn
Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.
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Bank of England holds interest rates at 3.75% amid Iran war peace prospects
The Bank of England's Monetary Policy Committee voted 7-2 to keep rates on hold.
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Bank of England holds interest rates at 3.75% amid Iran war peace prospects
The Bank of England's Monetary Policy Committee voted 7-2 to keep rates on hold.
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Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
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UK inflation holds steady at 2.8% in May
The Bank of England is due to update its monetary policy on Thursday.
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UK inflation holds steady at 2.8% in May
The Bank of England is due to update its monetary policy on Thursday.
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