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Gold climbs as cooling US inflation bolsters Fed rate cut bets
Reuters via Yahoo Finance· 1 day agoThe consumer price index data "could be an early indication that over time inflation will cool and...
Tesla to cut over 600 jobs in Bay Area, a sign of more problems for EV maker
Detroit News· 6 hours agoIn the fifth straight week of layoff announcements, Tesla Inc. said it is now concentrating on...
S&P 500, Nasdaq and Dow all hit record highs after encouraging inflation data
CNN Business via AOL· 9 hours agoInflation has cooled considerably after spiking to 9.1% annually in June 2022, and the economy has...
US consumer prices rise less than expected; retail sales flat
Reuters via Yahoo Finance· 17 hours agoU.S. retail sales, on the other hand, were unexpectedly flat in April as higher gasoline prices...
Walmart cuts hundreds of corporate jobs, force remote workers back into office
The Independent via Yahoo News· 1 day agoRivian Automotive, which manufactures electric trucks, announced on 24 April that it was laying off...
US Consumer Prices Rise Less Than Expected in April; Core CPI Slows
US News & World Report· 17 hours agoU.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations ...
UK weight-loss drug price rivalry intensifies with Pharmacy2U mark-down
Reuters via Yahoo Finance· 15 hours agoBritain's Pharmacy2U said on Wednesday it had cut the prices of weight-loss medication Wegovy and Mounjaro, becoming the latest in a slew of online pharmacies and slimming ...
US inflation cools for first time in 2024, prompting cautious optimism
Semafor via Yahoo Finance· 13 hours agoThe European Central Bank, which launched an aggressive rate-hiking campaign after Russia’s 2022...
ECB June Rate Cut ‘Most Likely’ If Outlook Holds, Elderson Says
Bloomberg· 6 days agoEconomicsCentral BanksECB June Rate Cut ‘Most Likely’ If Outlook Holds, Elderson SaysGift this...
Consumer prices rise less than expected in April; core CPI slows
KSL Salt Lake City· 1 day agoU.S. consumer prices increased less than expected in April, suggesting that inflation resumed its...