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BIZARRE: 19 | Mind Blowing Facts

US inflation hits three-year high at 4.2% in May amid high energy prices

America's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle East conflict, gives the Federal Reserve reason to hold interest rates steady. Inflation is outpacing wages, impacting household finances. This economic trend presents challenges for President Donald Trump's…

The Economic Times · Jun 10

Higher gasoline prices likely pushed up US consumer inflation again in May

May is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by escalating energy costs, this inflation surge may prompt the Federal Reserve to hold current interest rates. Families could experience mounting financial burdens as prices rise faster…

The Economic Times · Jun 10

Inflation likely reached 3-year high last month as Iran war spikes gas prices

Consumer prices probably jumped in May for the third straight month, heightening concerns for the inflation fighters at the Federal Reserve and underscoring the threat rising costs pose for the Trump administration as midterm elections near

The Independent UK · Jun 10

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Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? US attack, Iran tensions, inflation fears and market reaction explained

Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? Global markets moved in different directions after fresh U.S. strikes against Iran increased geopolitical tensions. Oil prices gained as supply concerns returned. Gold and silver prices fell as the U.S. dollar…

The Economic Times · Jun 10

Economists No Longer Expect The Fed To Cut Interest Rates This Year, Poll Shows

Economists surveyed in a recent poll no longer expect the Federal Reserve to cut interest rates this year.

International Business Times · Jun 9

May CPI Shows Inflation Rose at Its Fastest Pace in 3 Years

The May CPI report was released Wednesday morning. Here's what the inflation data shows.

Kiplinger · Jun 9

Goldman Sachs Sees Fed Holding Rates Until 2027 After Strong Jobs Report

Goldman Sachs has pushed its forecast for the Federal Reserve's next interest rate cuts into 2027, a move that shows how a stronger-than-expected U.S. labor market is reshaping Wall Street's view of the economy and monetary policy.

International Business Times · Jun 8

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SpaceX IPO is days away: Here are 3 reasons to buy and 2 reasons to wait

SpaceX has a lot of potential, but some experts have concerns about the company’s valuation

The Independent UK · Jun 8

Why is the US stock market rallying big today? Dow Jones, S&P 500 and Nasdaq surge on AI boom — Nvidia and Intel jump as Nasdaq significantly outperformed both the Dow and S&P

US Stock Market Rallies Monday as Tech Leads Rebound After Friday's Selloff: The Dow Jones Industrial Average climbed above 51,000. The S&P 500 advanced nearly 1%. The Nasdaq gained more than 1.5%, leading the rebound. Intel soared 11% on a major Google AI chip order, while Nvidia and Micron climbed…

The Economic Times · Jun 8

Trump Reiterates Backing Of New Fed Chair Kevin Warsh But Still Pushes For Lower Interest Rates

President Donald Trump said he wants Federal Reserve Chair Kevin Warsh to "do whatever he wants" while reiterating his opposition to any potential increase in U.S. interest rates.

International Business Times · Jun 8

Bitcoin Price Today: BTC fights for $63K as Iran ceasefire hopes, CPI data, and Fed decision loom—will Ethereum, XRP, and Solana surge after critical inflation data?

BTC Price Today Prediction News: Bitcoin trades near $63,000 after rebounding from the June 5 low of $59,100, its weakest level since February. The rally followed renewed optimism around a potential U.S.-Iran ceasefire, briefly pushing BTC above $64,000. Markets now await June CPI inflation data and the Federal Reserve meeting,…

The Economic Times · Jun 8

US stock market crash explained: Why did Nasdaq plunge 4% to log worst day in over a year

Wall Street experienced a sharp decline on Friday, led by the Nasdaq's significant fall, as a robust US jobs report fueled concerns about sustained high interest rates from the Federal Reserve. The strong employment figures intensified inflation worries, making rate cuts less likely and potentially increasing the chance of a…

The Economic Times · Jun 6

Gold falls about 3% as robust US jobs data cements bets on higher rates

Gold prices experienced a significant drop of approximately 3% on Friday, influenced by a stronger-than-expected U.S. jobs report. This data reinforced expectations that the Federal Reserve will maintain higher interest rates for an extended period due to ongoing inflation concerns.

The Economic Times · Jun 6

Wall Street Week Ahead: Blockbuster SpaceX IPO set to test high-flying US stocks rally

SpaceX's massive $75 billion IPO is set to launch next week, potentially valuing the company at $1.75 trillion. Investors are watching closely amid fears of market overexuberance, especially after recent job data fueled concerns about hawkish monetary policy. Key tech earnings and inflation data will also shape market sentiment.

The Economic Times · Jun 6

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The Independent UK · Jun 5

Trump’s economic chief says inflation is falling. Data says otherwise

In April, inflation reached its highest level in three years

AAP · Jun 5

FACT FOCUS: Is inflation a red state vs. blue state issue? It's increasing no matter how you cut it

Inflation is rising again, squeezing budgets and making essentials harder to afford

The Economic Times · Jun 5

Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losers

Why is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — and the US stock market is paying a steep price for that reality check. The Dow Jones fell more than 400 points, the S&P 500 lost 1.8%, and…

The Economic Times · Jun 5

S&P 500 could end 9-week winning streak, Dow and Nasdaq fall - here are reasons why US stock market is down today June 5

S&P 500, Dow and Nasdaq down today: Wall Street ended the week in the red as a robust US jobs report fueled fears of prolonged high interest rates. Tech stocks, especially semiconductors, bore the brunt of the sell-off. Investors are now seeking refuge in defensive sectors, while global shipping and…

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The Economic Times · Jun 5

Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Analysts insights, market outlook and what should investors do now

Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold and silver prices declined on Friday and were headed for weekly losses. Concerns over higher U.S. interest rates, uncertainty in the Middle East, and caution ahead of U.S. jobs data affected…

International Business Times UK · Jun 4

Small Caps Are Beating the S&P 500 — But 40% of Russell 2000 Companies Earn Nothing

The Russell 2000 index outperformed the S&P 500 in 2026, but 40% of its companies generate no earnings, posing challenges for investors amid high borrowing costs and Federal Reserve policies.

International Business Times UK · Jun 4

Fed Warns Iran Conflict Is Driving 'Strong' Inflation Across America, And Your Grocery Bill Could Be Next

The Federal Reserve's Beige Book reveals rising US inflation due to energy costs linked to the Iran conflict, impacting everyday expenses and consumer behaviour across the nation.

The Economic Times · Jun 3

US Fed says Iran war driving 'moderate-to-strong' inflation

US inflation rose at a moderate to strong pace, driven largely by surging energy costs linked to the Iran war, the Federal Reserve said. Higher oil prices disrupted supply chains and lifted input costs, while consumer spending showed widening inequality, with lower-income households facing rising financial strain.

Kiplinger · Jun 3

May Jobs Report Comes In Hot, Keeps Fed Focused on Inflation

The May jobs report was released Friday morning and came in much higher than economists expected..

The Economic Times · Jun 3

Fed's Hammack signals rate hike may be needed soon as inflation risks intensify

Federal Reserve Bank of Cleveland President Beth Hammack signaled that the U.S. central bank might need to raise interest rates if inflation continues to climb. She expressed growing concern over persistent price pressures, suggesting current monetary policy may not be restrictive enough. Hammack indicated that the risks from entrenched inflation…

International Business Times · Jun 2

U.S. Job Openings Jump To Highest Level In Nearly Two Years

U.S. job openings rose to their highest level in nearly two years in April, a surprising sign of resilience in the labor market even as employers continued to show caution in the actual hiring of new employees.

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