Economy

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Consumer prices rose 3.8% annually in April, the highest since May 2023

Consumer prices rose 3.8% annually in April, the highest...

The consumer price index was expected to increase by 3.7% annually in April, according...

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It's not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas

It's not just Iran and oil raising inflation. Prices also...

Here's some of the places where prices are rising fast for consumers.

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Markets raise chances for a Fed rate hike following hot inflation report

Markets raise chances for a Fed rate hike following hot...

Market pricing took virtually any chance of a cut off the table between now and...

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Job openings in April surged to 7.6 million, the highest in nearly two years

Job openings in April surged to 7.6 million, the highest...

The Bureau of Labor Statistics reported that available employment hit 7.6 million...

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Inflation hits 3.2% in the euro zone as Iran war pushes energy costs higher

Inflation hits 3.2% in the euro zone as Iran war pushes...

Energy costs in the region surged by an annual rate of 10.9% in May.

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From Singapore to Brussels, world leaders eye Trump-Xi summit from afar

From Singapore to Brussels, world leaders eye Trump-Xi...

The world will be watching the Trump-Xi summit.

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Iran says it will 'never bow' as Trump rejects peace counteroffer, prolonging Middle East conflict

Iran says it will 'never bow' as Trump rejects peace counteroffer,...

Washington has sought to press Beijing to lean on Tehran to reopen the strait, though...

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Retailers are on a hiring spree. But consumers are sending warning signs

Retailers are on a hiring spree. But consumers are sending...

The retail trades added nearly 22,000 jobs in April, accounting for about one-fifth...

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Iran war cost: Average U.S. household paying $450 more on gas and energy

Iran war cost: Average U.S. household paying $450 more...

Higher energy costs can force consumers to raid their savings and lean more on debt...

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American households pay nearly $450 more on average for energy amid Iran War, data shows

American households pay nearly $450 more on average for...

Higher energy costs can force consumers to raid their savings and lean more into...

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How the ‘double scar’ of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers

How the ‘double scar’ of past inflation woes and geopolitical...

Mental "scars" reinforce fears of stagflation, when rising prices coincide with...

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Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows

Core inflation hit an annual rate of 3.3% in April, as...

The PCE price index for April was expected to show an annual inflation rate of 3.8%...

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Energy inflation has been more persistent than expected: Fed's Goolsbee

Energy inflation has been more persistent than expected:...

While oil prices have recently fallen on news that a peace deal between the U.S....

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Fed’s Kashkari says inflation fight takes priority as labor market is 'in decent shape'

Fed’s Kashkari says inflation fight takes priority as labor...

The Minneapolis Fed President warned that persistently high inflation risks becoming...

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ECB 'will do what is necessary' to tame inflation, Bank of France governor tells CNBC

ECB 'will do what is necessary' to tame inflation, Bank...

Markets are overwhelmingly pricing in a rate hike from the central bank at its next...

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Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022

Wholesale inflation jumps 6% in April on annual basis,...

The producer price index was expected to increase 0.5% in April, according to the...