US inflation tops 4% for first time in three years, boosts Fed hike betsUS inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. Thi...
25 Jun, 2026, 07.38 PM IST
Brent crude hits lowest since before start of Mideast war as more tankers exit HormuzGlobal oil prices plunged Wednesday, hitting multi-month lows as supply worries eased with tankers clearing the Strait of Hormuz. An interi...
24 Jun, 2026, 09.34 PM IST
Trump gets trapped between 'rockets and feathers', squirms for exitUS President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...
24 Jun, 2026, 08.41 PM IST
Trump orders probe because gas prices not falling enoughDonald Trump said on Wednesday he ordered an investigation into major oil companies over high gasoline prices as the US leader faces critic...
24 Jun, 2026, 12.44 PM IST
Airline ticket prices may stay high as carriers bank fuel relief from Iran dealA U.S.-Iran peace deal has lowered oil prices, promising billions in fuel savings for airlines. However, passengers may not see immediate f...
22 Jun, 2026, 12.34 PM IST
Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
21 Jun, 2026, 10.52 AM IST
Hi(gh) Gasoline! US retail sales in May rise on auto powerAmerican shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...
18 Jun, 2026, 09.17 AM IST
US stocks: Nasdaq, S&P fall over 1% as Fed holds rates; traders raise hike betsUS stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers projecting rising interest rates later th...
18 Jun, 2026, 01.41 AM IST
US retail sales beat expectations in May as energy costs stay highUS retail sales significantly exceeded expectations in May, climbing 0.9 percent to $763.7 billion, driven by a substantial 3.4 percent inc...
17 Jun, 2026, 07.25 PM IST
Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
17 Jun, 2026, 11.21 AM IST
Trump's approval ticks up to 36% as price angst eases: PollPresident Trump's approval rating rose to 36% as public dissatisfaction with the cost of living eased slightly. The poll, conducted before ...
16 Jun, 2026, 07.50 AM IST
U. S Stock Market Prediction for Tuesday: S&P 500, Nasdaq, Dow Jones set for volatile trading? Top factors, stocks to watch outU.S. Stock Market prediction: All eyes will be on Micron Technology stocks which rallied 10.8 per cent, and Advanced Micro Devices rose 7 p...
16 Jun, 2026, 06.48 AM IST
Oil and gas supplies could take months to return to normal after Iran deal, energy experts sayGlobal oil prices saw a dip following news of an Iran war ceasefire and the reopening of the Strait of Hormuz. However, energy experts caut...
15 Jun, 2026, 07.47 AM IST
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...
11 Jun, 2026, 06.29 PM IST
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...
10 Jun, 2026, 06.19 PM IST
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...
10 Jun, 2026, 10.01 AM IST
Gas prices today June 8: Check daily average rates in California, Texas, Florida, New York, Washington, Hawaii and moreUS gasoline prices are seeing a welcome dip, with the national average now at $4.164 per gallon, down nearly 20 cents in a week. While stat...
08 Jun, 2026, 02.12 PM IST