The S&P/ASX 200 rose 1.15% in May 2026 as global equities rebounded on hopes of a Middle East peace deal with materials ...
The European Central Bank will need to raise borrowing costs if an increase in crude prices feeds through to inflation expectations, according to Governing Council member Martins Kazaks. “Oil prices ...
The firm U.S. CPI print for April print showed broad-based inflation across the economy in both headline and core measures, with elevated oil prices and tariff pass-through impacts evident, IFM ...
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Hot CPI and oil spike trigger chip stock selloff
Inflation beats forecasts: April CPI rose 3.8% annually, above expectations, with energy costs driving much of the increase and core inflation also running hot. Chip sector reversal: Semiconductor ...
WHAT’S HAPPENING TODAY: Good afternoon and happy Tuesday, readers! The Bureau of Labor Statistics released the latest update to its Consumer Price Index this morning, revealing that energy and ...
April's Consumer Price Index (CPI) report illustrated that inflation on consumer prices rose by 3.8% year-over-year, above economists' estimates of 3.7%. Core CPI — which excludes food and energy ...
The Bureau of Labor Statistics reported that the Consumer Price Index increased 3.8% in April from year-ago levels after increasing 3.3% in March. Year-over-year core CPI (which excludes volatile food ...
China's consumer inflation accelerated to 1.2% in April, topping analyst estimates, as the Middle East crisis drove a surge in energy prices. The Chinese consumer price index (CPI) rose by 1.2% last ...
We’ve all had that moment: You know that pair of shoes you love will hurt but they’re just too great to not wear, so you roll with the pain. The downside is that sometimes, that pain doesn’t go away ...
March’s CPI rose to 3.3% year-over-year, but gasoline alone—up 21.2% in a single month—drove nearly three-quarters of the increase, while core inflation came in at 2.6%, below the 2.7% forecast. The ...
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