US Inflation Surges to 4.2% as Energy Costs Spike Amid Iran War
US inflation accelerated to 4.2% in May, reaching its highest level in three years as rising energy costs and global...
Strait of Hormuz oil prices push US inflation higher
US households and businesses are feeling the impact of rising energy costs as tensions in the Strait of Hormuz continue...
Wall Street Drifts as Tech Stocks Swing Amid AI Volatility
Wall Street drifted in mixed trading on Wednesday as volatility in technology and artificial intelligence stocks continued to shake investor...
S&P 500 operator rejects faster inclusion rules for mega-cap IPOs amid index competition
S&P 500 IPO inclusion rules will remain unchanged after S&P Dow Jones Indices decided not to fast-track mega-cap companies into...
US consumers cut discretionary spending as gas prices reshape shopping habits
US consumer spending trends gas prices are showing a clear shift in how Americans shop, travel, and manage household budgets...
Oil prices fall as Wall Street loses momentum after record rally
Oil prices moved lower on Thursday while U.S. stock markets showed mixed performance, as investors assessed developments in the Middle...
Trump seeks new tariffs after Supreme Court blocks trade strategy
The Trump administration is moving quickly to rebuild its tariff policy after a series of court rulings struck down key...
US job openings rise to 7.6M in April despite Iran war economic pressure
US job openings April 2026 increased sharply in April, signaling unexpected resilience in the American labor market despite ongoing economic...
Anthropic moves toward US IPO as AI valuation nears $1 trillion
Artificial intelligence company Anthropic has taken a major step toward going public in the United States, as investor enthusiasm for...