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PCE report today shows U.S. inflation ticked higher in May as consumers pared spending
The latest data on the personal consumption expenditures price index (PCE) indicates a slight increase in inflation, with prices rising…
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Gulf markets end higher Iran strike
This image taken on December 12, 2019, depicts the Saudi Arabia’s Stock Exchange Market (Tadawul) logo in Riyadh. FAYEZ NURELDINE…
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Home equity interest rates edge higher
HELOC Rates Increase Slightly, But Homeowners Still Tapping into Equity HELOC rates saw a minor bump today as the Federal…
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Homeowners’ Net Worth Is Now 43 Times Higher Than Renters’
The disparity in wealth between homeowners and renters in the United States has reached unprecedented levels. According to a recent…
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Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock
A woman shops at a supermarket on April 30, 2025 in Arlington, Virginia. Sha Hanting | China News Service |…
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Here are the three reasons why tariffs have yet to drive inflation higher
Despite concerns about the impact of President Donald Trump’s tariffs on inflation, recent data suggests that price increases have remained…
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OECD forecasts a sharp economic slowdown and higher inflation in the U.S., citing tariffs
The U.S. economy is facing a significant slowdown this year, with GDP growth expected to drop due to the impact…
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S&P 500 closes 2% higher after Trump announces pause on EU tariffs
President Trump’s recent decision to delay a 50% tariff on goods from the European Union had a significant impact on…
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Adidas warns tariffs will lead to higher costs on its U.S. products
Adidas Warns of Price Hikes on U.S. Products Due to Tariffs Sportswear giant Adidas announced on Tuesday that President Donald…
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Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges
Federal Reserve Chair Jerome Powell recently addressed the changes in the economy and the central bank’s policy framework review during…
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