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U.S. LABOR DEPARTMENT
US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022American producer prices saw their biggest jump since late 2022. Energy costs soared, impacting inflation significantly. This surge follows...- US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwindsAmerica's jobless claims saw a slight increase last week, yet remain historically low. This comes despite economic challenges linked to the...
- Bitcoin trades below $63,000 despite softer inflation concerns after US CPI dataBitcoin dipped below $63,000 despite in-line CPI data, trading at $62,740. Major altcoins saw mixed movements, with some gaining up to 3% w...
- Gold, silver ETFs tumble up to 7% as US-Iran tensions and inflation fears hit sentiment. Time to buy the dip?Gold and silver ETFs tumbled on Thursday as precious metal prices fell sharply amid heightened geopolitical tensions, rising crude oil pric...
- Kospi tanks 9% in just two sessions! What’s causing bloodbath in 2026’s top market?South Korea’s KOSPI has plunged 9% in two sessions after a strong 2026 rally, as AI-driven semiconductor stocks face profit booking. Rising...
- Gold slides 3% as Middle East escalation fuels inflation, rate-hike concernsGold prices dropped over 3% as escalating U.S.-Iran tensions fueled inflation and interest rate hike fears. Investors awaited key U.S. data...
- CPI Inflation data report today impact on bonds: Check latest 2-year U. S treasury yield, 10-year U. S treasury notesU.S. consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and ot...
- US inflation hits three-year high at 4.2% in May amid high energy pricesAmerica's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle Ea...
- Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
- ‘Main Street vs The Merger’: Hollywood workers rally against $110 bn Paramount-Warner dealA major media merger faces opposition from industry professionals and politicians. They fear the Paramount Skydance acquisition of Warner B...
- Gold falls about 3% as robust US jobs data cements bets on higher ratesGold prices experienced a significant drop of approximately 3% on Friday, influenced by a stronger-than-expected U.S. jobs report. This dat...
- Dollar firms after strong US jobs data, pushes yen through 160 levelThe dollar strengthened significantly, poised for over a 1% weekly gain following robust U.S. employment figures. Nonfarm payrolls exceeded...
- Second Texas screwworm case confirmed as outbreak fears growA second case of the flesh-eating screwworm parasite has been confirmed in Texas. This new detection is just miles from the first U.S. case...
- Flesh-eating screwworm parasite infection case rises as U.S government makes emergency moveFlesh-eating screwworm parasite infection: The deadly flies were detected in Mexico late in 2024, after years of being contained at the sou...
- Gold price today crashes over 1 per cent, check latest Gold rateGold rate today: U.S. Treasury yields jumped after the release of the jobs data, increasing the opportunity cost of holding non-yielding bu...
- US Stock Market today: Nasdaq, S&P 500 set for low opening, Dow Jones to rise. Nvidia stocks, Intel, Micron, AMD, Broadcom shares under spotlightS&P 500, if remains low, would register its first weekly decline since April. The tech-heavy Nasdaq was also set to end the week slightly ...
- US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
- US weekly jobless claims increase more than expected; labor market remains stableDespite high-profile job cuts by technology firms related to the adoption of artificial intelligence, layoffs have remained low, confining ...
- US jobless aid filings, a proxy for layoffs, rise to 225,000 last week but remain historically lowJobless aid applications increased by 13,000 to 225,000 last week, exceeding forecasts but remaining historically low. This figure serves a...
- US job openings climbed to 7.6 million in April despite economic fallout from the Iran warAmerican job openings saw a significant rise in April, reaching 7.6 million. This indicates a strong labor market despite global economic c...
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