Annual consumer price growth slowed more than expected last month, easing pressure on the Federal Reserve amid softer energy costs. US consumer prices rose 3.5% in June from a year earlier, down from 4.2% in May and below the 3.8% forecast by economists. The decline was dr
New Fed Chair Kevin Warsh commits to restoring price stability, citing monetary policy as the key tool to curb prolonged inflation. Federal Reserve Chair Kevin Warsh pledged to eliminate five years of above-target inflation during his first congressional testimony, calling
Annual inflation fell to 3.5% in June from 4.2% in May, undershooting economist projections of 3.8%. US consumer prices rose 3.5% year-on-year in June, down from May’s 4.2% and below the 3.8% consensus. Monthly CPI fell 0.4%, reversing May’s 0.5% gain and missing the expec
Twelve state attorneys general seek to block the $8 billion Paramount-Skydance and Warner Bros. Discovery deal, though analysts expect only delays. A lawsuit filed by twelve state attorneys general, led by California’s Rob Bonta, aims to block the merger between Paramount
Silver (SI=F) September futures opened at $57.95 per ounce on Tuesday, July 14, 2026, 0.1% higher than Monday's closing price. The price of silver was mostly stable this morning, shifting to $57.74 per ounce as of 8:09 a.m ET. The ongoing deterioration of peace in t
The U.S. Defense Department awards Kratos $400M for hypersonic system programs and national security initiatives. Kratos Defense & Security Solutions received approximately $400M in funding from the U.S. Department of Defense. The contract covers hypersonic system programs
Gold (GC=F) August futures opened at $4,005.90 per troy ounce on Tuesday, July 14, 2026, essentially unchanged from Monday's closing price. The price of gold moved slightly higher this morning to $4,007.70 per troy ounce as of 7:50 a.m ET. Today's opening price of g
Tehran confirms oil shipments persist despite Washington revoking a 60-day exemption from sanctions last week. Iranian Oil Minister Mohsen Paknejad stated Tuesday that the country’s oil exports continue without disruption following the US decision to cancel a 60-day waiver
Quick Read - GLD dropped 23% since the Iran conflict began, turning a $10,000 investment into roughly $7,694 despite gold's reputation as a safe haven. - Lockheed Martin fell 22% over the same window, suggesting markets had already priced in conflict risk before fighting... <
CEO Jamie Dimon warns of geopolitical and inflation risks The U.S. economy has shown resilience this year, with stronger business investment and hiring. Geopolitical tensions, sticky inflation, and elevated asset prices continue to pose risks. The economy's
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