Inflation data released in February shows a modest uptick, matching what many economists had predicted. The consumer price index climbed overall by 0. 2 percent, with food prices up 0. 4 percent and energy surging 0. 6 percent. Housing costs added another 0. 2 percent, while a core measure that stri
The U. S. inflation rate stayed flat in February, matching what economists had predicted. Prices climbed 2. 4 percent compared with a year earlier, leaving the rate unchanged from January and just above the Federal Reserve’s 2 percent goal. Fuel costs, however, jumped sharply as traders braced fo
Inflation data from February showed a steady 2. 5 % core rate, meaning food and energy costs were not driving the rise. The month’s figures rose only 0. 2 % from January, while grocery and restaurant prices climbed 3‑4 %. Energy costs went up modestly after a drop in January, but the recent spike in
Oil worries and rising conflict in the Middle East made many traders shift from riskier assets to the U. S. dollar, pulling Bitcoin down over 3 % to just below $67, 000. The tension centers on Iran’s threat to close the Strait of Hormuz, a vital route that carries about one‑fifth of the world’s oil.
A fresh set of inflation figures has shaken the market, sending the Dow Jones Industrial Average down for the day. The data shows prices rising faster than many investors expected, raising worries about higher interest rates and slower growth. Because the Dow is made up of big companies, even
Central bankers are standing their ground against politicians who want a say in how money is handled. In the U. S. , Fed Chair Jerome Powell has faced repeated criticism from President Donald Trump, who says high rates hurt growth. Across Europe, the pressure looks different: some officials ar
The U. S. Treasury market cooled on Thursday, with the 10‑year yield falling more than two basis points to 4. 023% and the 30‑year dropping under two basis points to 4. 675%. Even the short‑term 2‑year note slipped slightly, ending at 3. 452%. These moves show investors are waiting for a big inflati
The Chicago Fed chief, Austan Goolsbee, told a Washington conference that cutting interest rates now would be premature because inflation still lingers above the 2 % goal. He warned that past mistakes of assuming price rises were temporary should not be repeated. Goolsbee highlighted the latest d
The state has seen a sharp rise in company bankruptcies, climbing 25 % last year to the highest level since 2013. Nationwide, many people and firms are filing for bankruptcy, but Oregon’s rate is almost four times faster than the national average. High interest rates and inflation are squeezin
The price of beef has jumped faster than most other grocery items, climbing 15 % over the past year. Ground beef is hitting record highs, while chicken and milk prices stay flat or barely rise. Farmers blame a shrinking cattle population. The U. S. herd is the smallest it has been since the 1950s,
