US inflation eased to 3.5% in June as energy prices fell
The consumer price index declined 0.4% on the month, below Dow Jones forecasts, while core inflation slowed to a 2.6% annual rate.
By Marcus V. Thorne 1 month agoSection
Markets
Buffett leaves Gates Foundation out of annual Berkshire stock gifts
Berkshire Hathaway said Warren Buffett will give 12 million Class B shares to four family-linked foundations, excluding the Gates...
By Marcus V. Thorne 1 month ago
IBM shares fall after preliminary earnings miss estimates
IBM said second-quarter adjusted profit and revenue trailed analyst expectations as clients shifted spending toward servers, stora...
By Amanda Ross 1 month ago
Singapore GDP grows 5.7% in second quarter as factories lead
Second-quarter output exceeded Reuters-polled forecasts, giving the MAS fresh data ahead of its July exchange-rate policy review.
By Sarah Jenkins 1 month ago
Americans use buy now, pay later loans for bills as volume rises
Federal Reserve estimates show BNPL originations rose to nearly $157 billion in 2025, while surveys point to wider use for groceri...
By Sarah Jenkins 1 month ago
Business groups press Senate to drop Pentagon contractor payout limits
A Senate defense bill provision would restrict buybacks and dividends by Pentagon contractors unless the Defense Department grants...
By Marcus V. Thorne 1 month ago
LimX raises $200mn as China humanoid robot IPO push accelerates
The Shenzhen humanoid robotics start-up was valued at $2.21bn in a pre-IPO round as capital flows into China’s embodied AI sector.
By Sarah Jenkins 1 month ago
Hormuz fee plan lifts oil supply concerns as traffic falls
Trump’s proposed 20% charge on Strait of Hormuz cargo has sharpened concern over oil flows, with analysts warning of higher costs...
By Amanda Ross 1 month ago
World Cup semifinal cities draw late travel surge in the US
Bank, hotel and travel data show bookings and spending rising as fans follow teams into the World Cup’s final week.
By Sarah Jenkins 1 month ago
Oil climbs as US Hormuz fee plan lifts supply concerns
WTI and Brent rose more than 2% after President Donald Trump outlined fees on Strait of Hormuz shipments and a renewed blockade of...
By Marcus V. Thorne 1 month ago
UMC begins Singapore silicon photonics output as Citi sees stronger second half
United Microelectronics started mass production of silicon photonics wafers in Singapore, while Citi projected a second-half impro...
By Marcus V. Thorne 1 month ago
Treasury yields climb as traders price higher Fed rate risk
U.S. government bond yields rose as oil prices advanced and markets raised the implied odds of a July Federal Reserve rate increas...
By Amanda Ross 1 month ago