Monthly archive June, 2022

Consumer prices in the U.S. shot up by more than expected in the month of May, according to a highly anticipated report released by the Labor Department on Friday. The Labor Department said its consumer price index jumped by 1.0 Read More →

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. has tumbled to its lowest level on record in the month of June. The preliminary data showed the consumer sentiment index plunged to 50.2 Read More →

The U.S. dollar spiked higher against its major counterparts in the European session on Friday, as the nations's consumer inflation accelerated more than expected in May, intensifying the prospects of aggressive policy tightening by the Federal Reserve beyond July.Original Read More →

The U.S. dollar climbed higher against its major rivals on Friday after data showing a bigger than expected increase in consumer price inflation raised prospects of aggressive policy tightening by the Federal Reserve.Original Article Read More →

China's consumer prices registered a steady increase in May and factory gate inflation slowed as expected to the lowest level in more than a year, official data revealed on Friday. According to data published by the National Bureau of Statistics, Read More →

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended June 4th. The Labor Department said initial jobless claims climbed to 229,000, an increase of Read More →