Inflation ticks slightly downward in May as CPI rose 3.3%

Inflation rose 3.3% last month from a year earlier, slightly lower than the 3.4% that analysts had expected. The consumer price index fell slightly from 3.4% in April. Core inflation, which excludes volatile food and energy prices, rose 0.2%, slightly less than expected. Dow futures surged before the open of Wall Street trading on Wednesday […]
Mortgage rates fall but only slightly as home prices continue rising

This week, mortgage rates fell to 6.99%. (iStock) Mortgage rates fell last week, but not by much: Rates on a 30-year mortgage averaged 6.99%, just below 7%. Freddie Mac is The firm said in its weekly rates report. The average 30-year fixed-rate mortgage rose just above 7% last week. Both last week’s and this week’s […]
Vistry sells 1,750 homes to Blackstone; UK retail sales rise slightly in May – business live | Business

Important Events Stock prices and oil prices continue to fall British and European stock prices are falling and oil prices are falling further as investors expect supply to increase this year. London’s FTSE 100 index fell 34 points, or 0.4%, while Germany’s DAX and France’s CAC both fell about 0.3%, and Italy’s FTSE MiB lost […]
Nasdaq closes above 17000; S&P 500 slightly higher, Dow down – Yahoo Finance

Abigail Somerville NEW YORK (Reuters) – The Nasdaq Composite Index topped 17,000 points for the first time on Tuesday, buoyed by a rise in Nvidia shares, while the S&P 500 closed modestly higher and the Dow Jones Industrial Average closed lower on rising Treasury yields. Nvidia rose 7% and other semiconductor stocks also rose as […]
Renting is slightly cheaper than buying, pushing Gen Z to rent more often than buy

Gen Z spends 30% of their income on home purchases, while Millennials spend 36% of their income. (iStock ) For Gen Z and Millennials, homeownership is an expensive challenge. While renting is still a more affordable option, in some cases, renting can be just as expensive. On average, Gen Z spends 30% of their income […]
Gas prices increase slightly – Washington Examiner

Gas prices slightly increased from Monday. It’s the first such increase after several consecutive days of prices dropping. According to AAA, the current national average price for regular gas is $3.598 per gallon. On Monday, it was $3.59 per gallon. One week ago, regular gas was $3.612 per gallon. A month ago, it was $3.673 […]
April inflation eases slightly, but 2% target still out of reach

Lower food prices offset higher energy costs in April. (iStock) Statistics show consumer prices rose more slowly than expected in April, but remained above last year’s levels. consumer price index (CPI) Published by the Bureau of Labor Statistics (BLS). On an annualized basis, prices rose 3.4% in April, slowing slightly from the previous month’s 3.5% […]
Stock futures are slightly up after Dow's best week of the year, investors look toward inflation data: Live updates – CNBC

1 hour ago European markets open mixedly European markets started the new trading week in mixed territory, with the pan-European Stoxx 600 index rising slightly, rising 0.03%. Britain’s FTSE 100 index rose 0.07% to 8,439, Germany’s DAX fell 0.13% to 18,748, France’s CAC fell 0.4% to 8,216 and Italy’s FTSE MIB rose 0.4% to 34,808. […]
129K Migrants Apprehended at Southwest Border in April — Down Slightly from March

Border Patrol apprehended approximately 129,000 immigrants who illegally crossed the southwest border between ports of entry in April. This is a slight decrease from the more than 137,000 people arrested in March. Border Patrol agents assigned to nine Southwest border locations apprehended nearly 129,000 migrants during April, according to unofficial Border Patrol reports reviewed by […]
Americans paid slightly more for fuel this week as gas prices rose by a few cents, on average

Gasoline prices rose just 2 cents this week, even as oil prices fell. (iStock) Gasoline prices have gone up and down this week, but overall they were 2 cents higher on average. AAA said In our weekly gas price report. The national average price for the week was $3.67 per gallon, 14 cents higher than […]