Inflation in the U.S. climbed to 4.1% in May, fueled by sustained consumer spending and rising services costs, keeping the Federal Reserve’s option for interest rate hikes open.
FDA leadership outlines plans to rebuild staff strength and adapt regulatory strategies as U.S.-China rivalry reshapes drug development and patient engagement priorities.
Despite rising prices, Americans continued spending in May, with consumer outlays rising, driven largely by inflation rather than increased purchasing power.
Inflation accelerated in May driven by rising oil prices linked to the Iran war, while core inflation growth signals wider price pressures beyond energy costs.
Ghana’s inflation rate is forecast to climb significantly in 2027, driven by currency pressures, tighter US monetary policy, and adverse weather impacting food and energy prices.
A coalition including OpenAI, Anthropic, Amazon, and Microsoft supports a new nonprofit headed by Gina Raimondo to retrain American workers for the rising AI-driven economy.
The core inflation index surged to a three-year peak, signaling growing affordability challenges as consumer prices continue to rise beyond volatile sectors.
Gold and silver futures fluctuated sharply as investors weighed potential US Federal Reserve rate hikes alongside easing geopolitical tensions and a strengthening dollar.
The Federal Reserve confirmed that all 32 major U.S. banks maintained adequate capital in a severe 2026 recession stress test, supporting financial stability amid economic uncertainty.
Major U.S. stock indexes climbed with broad gains on mixed signals from the Middle East and ahead of key tech earnings, boosted by a sharp drop in oil prices.
Gold IRAs attract growing attention as investors seek inflation protection, but regulatory limits, fees, and gold’s price volatility complicate the appeal of these retirement vehicles.
The Federal Reserve restructures its bank supervision unit to emphasize core financial risks, merging key teams and adjusting management to improve efficiency and economic analysis.