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US consumer prices rise moderately in May WASHINGTON (Reuters) -U.S. consumer prices increased marginally in May amid cheaper gasoline, but inflation is expected to accelerate in the coming months on the back of the Trump administration’s import tariffs.The Consumer Price Index (CPI) increased 0.1% last month after rising 0.2% in April, the Labor Dep … Read More >>
Space and defense tech firm Voyager raises $382.8 million in US IPO The company, which provides mission-critical space and defense technology solutions, along with some investors sold roughly 12.35 million shares at $31 per share, above its marketed range of $26 to $29.The offering is the latest in recent weeks as the U.S. IPO market regained its footing after being restricte … Read More >>
Fed seen on track to start cutting rates by September A U.S. government report showed the Consumer Price Index – a measure of underlying inflation – rose just 0.1% in May after a 0.2% rise in April, with overall consumer prices rising 2.4% from a year earlier, up just one-tenth of a percentage point from the prior month and less than the 2.5% economists had expe … Read More >>
Investors pull out of US stocks and into Europe and emerging markets (Reuters) -Global investors have moved money from U.S. equities and into European and emerging markets assets, as concerns mount over U.S. fiscal policy, rising debt and the risk that trade tariffs will trigger a recession.Equity mutual funds and exchange-traded funds, or ETFs, domiciled in the United States … Read More >>
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