Tag: prices
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Donald Trump blames Ukraine for record US diesel prices
The US president is blaming Ukrainian strikes on Russian oil refineries for soaring diesel prices. He has even publicly told President Volodymyr Zelenskyy to stop the attacks. What should the world make of Trump’s logic?
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The Fed is likely to raise interest rates as inflation persists. What that means for consumers
The Federal Reserve is widely expected to raise its benchmark interest rate by a quarter percentage point at its September meeting.
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India’s inflation rises to 4.82% in August, marginally exceeding forecasts
India’s inflation in August accelerated for the tenth month straight to 4.82% in August amid rising food and fuel prices.
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The 10-year Treasury is closing in on 5%. How it gets there matters more
The 10-year Treasury yield is closing in on 5%, a level last touched in October 2023. Strategists say the drivers behind higher yields are more important.
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Oil prices jump more than US$3 after new strikes on Saudi, Strait of Hormuz
BEIJING: Oil prices rose more than US$3 a barrel at the market open on Monday, after new strikes on Saudi Arabia and on ships in the Gulf on Sunday (Sep 13).Brent crude futures rose US$3.62, or 3.46 per cent, to US$108.23 per barrel as of 10.14pm GMT Sunday. WTI futures rose US$3.15, or 3.15 per…
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Inflation is outpacing wage growth again, squeezing Americans’ paychecks
In August, consumer prices rose 3.4% over the past year while wages increased just 3.1%.
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Oil falls but head for 8% weekly gain on tight supply; US diesel hits record
HOUSTON, Sept 11 : Oil prices fell on Friday but remained on course for a weekly gain of more than 8 per cent, while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.Brent crude futures were down $3.10, or 2.88 per cent, at $1
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A Fed hike next week seems certain after the latest inflation data. Here’s what’s ahead
The latest inflation data failed to soothe fears that pricing pressures will be coming down anytime soon.
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Oil falls but on track for sharp weekly gain on supply concerns; US diesel hits record high
HOUSTON, Sept 11 : Oil prices fell on Friday but remained on course for a weekly gain of more than 9 per cent, while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.Brent crude futures were down $2.46, or 2.29 per cent, at $1
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Here’s the inflation breakdown for August 2026 — in one chart
Inflation remained stubbornly high in August, largely on the back of higher energy prices amid the Iran war, economists said.
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