inflation
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financeCar Ownership Becomes a Luxury for More Americans as Costs Surge
A LendingTree study finds 39% of Americans view car ownership as a luxury, with costs rising faster than incomes.
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financeUS 30-Year Bond Yields Near 5%: A Warning for Risk Assets
Rising Treasury yields signal market stress, with potential impact on equities and crypto.
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financeNew Bank of Korea Board Member Flags Heightened Inflation Risks
Kim Jin-ill says oil prices and Middle East conflict are driving renewed inflation worries for South Korea.
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financeJerome Powell Steps Down as Federal Reserve Chair After Eight Years
Jerome Powell resigns as Fed chair after eight years, staying on the Board of Governors. His tenure included pandemic, inflation, and rate hikes.
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financeDollar Soars on Fed Rate Hike Bets as Inflation Fears Mount
The dollar gains for a fifth straight day amid growing expectations of Fed rate hikes and rising Treasury yields.
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financeUS-Iran Tensions Keep Fed Rate Cuts Unlikely in 2026
Geopolitical escalation with Iran and 3.8% inflation cement expectations that the Federal Reserve will hold rates steady through 2026.
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financeUS CPI Jumps 0.6% in April, Fueling Inflation Concerns
April inflation surged 0.6%, exceeding forecasts, with energy prices driving over 40% of the increase.
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financeHong Kong Q1 GDP Surges 5.9%, Government Holds 2026 Forecast Steady
Hong Kong's Q1 GDP grew 5.9% year-on-year, driven by strong exports and private consumption. The government keeps its 2026 growth forecast at 2.5%-3.5%.