US consumer prices rise
Digest more
Dollar, Inflation
Digest more
US Stock market today climbed as Nvidia stock surged on hopes of renewed AI chip sales to China, with support from President Trumps trade policy shift. The S&P 500 gained 0.4% and the Nasdaq rose 0.8%,
19hOpinion
The New Republic on MSNThe New GOP Bill Will Gouge Workers—And to Them, That’s Nothing NewWe asked workers about what makes their lives hard. The universal answer: greedy corporations—and a government that does nothing to stop them.
The markets were braced for a rebound in June inflation in Canada and the US and that's exactly what happened today in both countries, as CPI and cor
Currencies showed little reaction to data showing China’s economy grew 5.2% last quarter, slightly topping analysts’ forecasts.
Hang Seng Index extends gains as Nvidia and AMD boost tech optimism; Fed rate cut bets fall after hotter-than-expected US inflation.
AUD/USD holds recovery gains above 0.6500 early Wednesday as the US Dollar eases from its highest level since June 23. The USD downside appears limited as the US CPI report on Tuesday reaffirmed that the Fed may delay interest rate cuts. Moreover, a weaker risk tone should benefit the safe-haven buck and act as a headwind for the Aussie.
The dollar hovered near a three-week high versus major peers on Tuesday as traders awaited the release of U.S. inflation data later in the day that could provide clues on the path for monetary policy.