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MYSTERIOUS: 21 | Mind Blowing Facts

US Stock Market: Mortgage rates hit 9-month high as inflation worries deepen

US mortgage rates reached a nine-month high of 6.65% last week, driven by elevated oil prices and inflation concerns. This surge, coupled with a persistent housing shortage and the "rate lock-in" effect, is intensifying affordability challenges for prospective buyers. Mortgage applications saw a significant decline as borrowing costs increased.

The Economic Times

Copper hits one-week low as Middle East escalation clouds growth outlook

Copper prices dropped to a one-week low on Thursday as renewed Middle East tensions boosted the dollar and oil, sparking inflation and slowdown fears. U.S. strikes targeting an Iranian drone operation in the Strait of Hormuz contributed to market unease. Base metal prices are expected to trade sideways pending a…

The Economic Times

ECB chief economist sees persistent impact on inflation from Iran war

Iran war impact: The European Central Bank's chief economist Philip Lane warns of lasting inflation from the Middle East conflict's energy shock. Even if the war ends quickly, energy costs may remain high. This could lead to further interest rate hikes by the ECB. Central banks must carefully manage monetary…

The Economic Times

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Further price hikes likely in food, personal care products as raw material costs rise: Report

Prices of everyday products are set to increase. Companies face rising raw material costs, leading to hikes and smaller product sizes. Food, beverage, home, and personal care items will be affected. This trend is expected in the coming months. Companies are using price increases and cost savings to manage. Retail…

The Economic Times

Gold hits two-month low as fresh US-Iran strikes fuel inflation fears, hurt peace hopes

Gold prices fell to a two-month low on Thursday. This happened after new U.S. strikes in Iran boosted the dollar and oil prices. Concerns about inflation and interest rates increased. Spot gold dropped to $4,406.81 per ounce. Other precious metals also saw declines. Investors are now watching U.S. economic data…

The Economic Times

Stocks retreat from record highs as Gulf tensions flare

News of fresh US military strikes in Iran has taken the steam out of the tech-driven bull run in Asia, while oil prices have rebounded.

AAP

Dollar near one-week high as US-Iran tensions flare, yen nears intervention zone

The dollar strengthened near a one-week peak. New U.S. strikes in Iran have complicated peace talks. Oil prices rebounded as hopes for a quick resolution faded. Investors anticipate the dollar to rise further. The yen weakened significantly, nearing a level that previously prompted central bank intervention. Markets await key U.S.…

The Economic Times

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Gold eases as US-Iran tensions cloud interest rate outlook

Gold prices dipped as escalating U.S.-Iran tensions fueled oil price surges, sparking inflation worries and casting a shadow over the Federal Reserve's interest rate decisions. Investors are now keenly awaiting crucial U.S. economic data for further policy direction. Meanwhile, other precious metals like silver, platinum, and palladium also experienced declines.

The Economic Times

AAP Rolling News Bulletin May 28, 0830

AAP Rolling News Bulletin for May 28 at 0830

AAP

Americans Feel That Higher Salaries Aren't Catching Up With Inflation, Report Shows

Americans' wages have broadly kept up with inflation over the past quarter-century, but most feel that they are not enough when measured against recent price spikes, according to a new analysis.

International Business Times

US stocks inch to more records after oil prices drop

U.S. stocks inched to more records after oil prices fell back to where they were in mid-April

AAP

Fed's Cook says she is prepared to raise rates if inflation doesn't ease

Federal Reserve Governor Lisa Cook signaled support for keeping US interest rates steady, citing mixed economic risks from tariffs, the Iran war, and rising AI investment. She warned inflation is trending higher due to energy costs and wage pressures but said the labor market remains stable with no immediate need…

The Economic Times

The Grocery Aisle Is Reshaping Retirement Budgets in 2026 — Especially for Seniors Who Shop the Same List Every Week

Grocery shopping used to be a somewhat predictable task. Typically, you’d buy the same staples, visit the same stores, and roughly know what the total...

Saving Advice

Why are gold and silver prices down sharply today and will precious metals continue to fall or rise again? Gold hits two-month low as inflation fears rise

Why are gold and silver prices down sharply today and will precious metals continue to fall or rise again? Gold prices dropped to a two-month low after investors reacted to inflation concerns, rising oil prices, and expectations of interest rate hikes by the US Federal Reserve. Silver prices also declined…

The Economic Times

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Barchart

The Ghosts of 1987 Appear: Kevin Warsh, Alan Greenspan, and How to Invest Safely Under a New Fed Chair

When a new Fed chair takes office at the White House amidst rising inflation, a bleeding bond market, and a speculative stock mania, the ghosts of 1987 aren’t just a curiosity. They are spirits to fear.

The Guardian - UK

Lifting of internet restrictions reveals Iranians’ anger over food inflation

As government begins restoring connection, population voices dismay over food price increases and shortages

The Free Financial Advisor

Buffett Says Bigger Paychecks Aren’t the Full Answer — What Workers Need Most Right Now

Warren Buffett has never been shy about cutting through financial noise, and his latest perspective lands right in the middle of today’s economic tension. Rising wages have dominated headlines, yet many households still feel stretched thin despite larger paychecks. Buffett points out that income alone does not guarantee stability, especially…

International Business Times

ECB Warns Risk Of Market Correction Rising As Stocks Hit Record Highs

Fresh warnings from top European policymakers come as global stocks continue climbing despite mounting geopolitical and economic risks.

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The Economic Times

Social Security payment schedule 2026: Will Americans receive June SSA checks on time after May 27 deposit?

Social Security payments for nearly 75 million Americans will continue on schedule after the final May 27 SSA check arrives this week. Many retirees feared Memorial Day delays. The Social Security Administration confirmed direct deposits and SSI benefits remain unchanged for June 2026. Fresh SSA payment dates now matter more…

The Economic Times

30-year treasury yield bond, 10-year ‌treasury yield note fall big today: Check two-year U.S. Treasury yield rate

U.S. Treasury is due to hold an auction of 5-year notes in the afternoon while investors await Thursday's releases of key economic data on inflation.

Barchart

Dollar Falls as Crude Oil Retreats

The dollar index (DXY00 ) today is down by -0.11%. The dollar is under pressure today amid a -4% plunge in crude oil prices to a 5-week low, which lowers inflation expectations and may prompt the Fed to ease monetary policy, a negative factor for the dollar. Also, today’s rally...

AAP

US stock market hangs near records and crude oil prices ease

Stocks are hanging near their records on Wall Street and crude oil prices eased, relieving some worries about inflation

The Independent UK

How UK households are paying the cost of Trump’s Iran war – with big energy bill increases on the horizon

Petrol, food and even your home could all cost significantly more this year

The Economic Times

West Asia crisis may soon make everyday goods costlier in India

India faces a looming price hike on everyday goods as global commodity costs surge due to the West Asia conflict. Manufacturers are absorbing rising input expenses, from metals to chemicals, with little price increase so far. This pressure is expected to soon translate into higher consumer prices, impacting household budgets.

The Economic Times

What should you do with your gold investments amid delay in US-Iran deal, high oil prices and inflationary concerns

Gold prices on MCX slipped amid rising geopolitical tensions, elevated crude oil prices and inflation concerns linked to the delayed US-Iran deal. Experts advise investors to avoid panic selling and instead hold or accumulate gold in phases during dips. Financial gold options like ETFs and mutual funds are preferred. Analysts…

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