The U.S. Labor Department released the latest inflation report on Tuesday. The report showed that inflation cooled in June, giving the Federal Reserve more confidence that price pressures are easing. Consumer prices fell 0.4% from May to June, marking the biggest monthly drop in inflation in four y»»»

United States inflation accelerated for a second straight month in April as rising energy and food costs, driven by the ongoing Iran war, added fresh pressure on households and deepened concerns over the economic outlook, according to official data released on Tuesday. The Consumer Price Index (CPI»»»

Gold prices in Egypt’s local market remained relatively stable during Tuesday’s trading session, despite a slight decline in global ounce prices, as the U.S. dollar strengthened on rising inflation expectations and ongoing geopolitical tensions in the Middle East, according to a report issued by th»»»

WASHINGTON (May 12): US consumer prices likely rose at a solid pace for a second straight month in April, which would result in the largest annual increase in inflation in more than two-1/2 years and further bolster expectations the Federal Reserve would keep interest rates unchanged for a whi»»»

The dollar initially gained on safe-haven demand but later turned volatile as prospects for peace and a ceasefire remained fragile. (EPA Images pic) SINGAPORE: The US dollar held its ground on Tuesday as talks to end the war in the Middle East showed no signs of progress, pushing oil prices higher »»»