Tag: Breaking News: Economy
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Stripe, Advent offer to buy PayPal for more than $53 billion: Reuters
Stripe and Advent International have made a joint offer to acquire PayPal Holdings Inc for $60.50 per share, in a deal that would value the payments company at more than $53 billion.
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Here’s the inflation breakdown for June 2026 — in one chart
The consumer price index rose 3.5% in June from a year earlier, a deceleration after several months of upward moves.
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Consumer prices rose 3.5% annually in June, less than expected as energy prices eased
The consumer price index in June was expected to increase 3.8% from a year ago.
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Warsh promises inflation will be a ‘thing of the past,’ cites benefits of AI investment boom
Warsh pledged Tuesday to “get monetary policy right” and defeat the inflation that has bedeviled the central bank for the past five years.
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Treasury yields rise as Fed rate hike expectations grow ahead of June inflation print
Treasury yields increased Tuesday as expectations for more Federal Reserve interest rate hikes grow.
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U.S. completes strikes against Iran, while Tehran targets Gulf neighbors
The U.S. has completed a third consecutive night of strikes against Iran, as Tehran targets U.S. military facilities in the region.
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Waller says Fed shouldn’t ‘fight the last war’ on inflation but warns hikes still possible
The Fed governor said inflation has expanded beyond the often-cited drivers such as the energy price spike in tariffs.
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‘Funflation’ hits home: Why staying in isn’t the cost-saver it used to be
Following a wave of price hikes, at-home pastimes like streaming movies or playing video games are pinching pocketbooks.
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Why the stock market and economy may seem out of sync
The stock market has boomed on AI euphoria, while the trajectory of the U.S. economy has been more tepid, economists said.
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Kevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon
Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution’s operations.
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