U.S. Inflation Slips to 2.3% in May, Tariff Impact Limited as Gasoline Prices Drop
US inflation, measured by the Personal Consumption Expenditures (PCE) Price Index, rose by 2.3% over the year ending in May...
June 27, 2025Section
World-News
Fed Official Sticks to Forecast: Two Interest Rate Cuts Expected in 2025, First Likely in September
A member of the U.S. Federal Reserve has confirmed the central bank still expects to cut interest rates twice in...
June 27, 2025
U.S.-China Trade Deal Restores Rare Earth Supply, Keeps Tariffs High
The United States and China have finalized a trade agreement that restores the flow of rare earth minerals from China...
June 27, 2025
Fewer Layoffs, But Longer Unemployment: U.S. Job Market Slows as Hiring Stalls
The U.S. Department of Labor reported that 236,000 people filed for unemployment benefits in the week ending June 21
June 26, 2025
Trump Calls for Netanyahu Trial to End as Israel Debates Law and Power
U.S. President Donald Trump has asked Israel to stop the corruption trial of Prime Minister Benjamin Netanyahu. Trump called the...
June 26, 2025
Powell’s Record Raises Doubts as Trump Pushes for a Stronger Fed Leader
President Donald Trump is preparing to name a new Federal Reserve chair before Jerome Powell’s term ends in 2026
June 26, 2025
China to Become World’s Top Lithium Miner by 2026, Fastmarkets Says
China will overtake Australia as the world’s largest lithium miner by next year, according to a forecast by Fastmarkets.
June 26, 2025
Ukraine Warns Africa: Russia’s Deals May Come With Hidden Costs
Ukraine’s foreign minister recently told African leaders that working closely with Russia could bring problems in the future
June 25, 2025
U.S. Oil and Fuel Inventories Drop Sharply as Demand Surges and Refineries Run Hot
The U.S. Energy Information Administration (EIA) reported that oil supplies in the United States dropped by 5.8 million barrels last...
June 25, 2025