Turkey’s economy is entering a week focused on the release of key economic indicators, including gross domestic product (GDP) and inflation data. Market participants are closely monitoring these figures to gauge the country’s economic momentum, especially as policymakers strive to balance growth with price stability. The upcoming data is expected to offer insights into how…
**Inflation Remained Mostly Level in July** Inflation in the United States held largely steady in July, as reported by the latest Consumer Price Index data. Although overall price increases were modest, certain categories such as rent and car insurance experienced higher costs, partially offset by drops in areas like used vehicles and airline fares. The…
U.S. stocks were mixed as investors reacted to key corporate earnings reports and new inflation data. The Dow Jones Industrial Average edged higher, while the S&P 500 and Nasdaq Composite showed smaller gains. Notably, Nvidia reported robust earnings, helping to buoy the tech sector during a week of economic uncertainty. Meanwhile, shares of Palantir also…
Former Bank of England Governor Mark Carney visited Ukraine during a period of intensified drone attacks, underscoring the persistent instability in the region. As conflict continues to disrupt the economy, financial experts are warning that global inflationary pressures, particularly in the United States, may intensify in the coming months. Supply chain disruptions and heightened energy…
Recent reports indicate that inflation concerns have resurfaced in the United States, with consumer prices rising more than expected. This renewed alarm comes as Americans continue to face higher costs for essentials such as food, housing, and transportation. Policymakers and economists are closely watching these trends, given their impact on wages, consumer spending, and the…
Many millennials are expressing feelings of frustration and discouragement as they confront rising inflation and its impact on daily living. On platforms like Reddit, users share experiences about their income not keeping pace with the cost of essentials, making it harder to save, invest, or even afford basic needs such as housing and groceries. Growing…
**Stocks Face Inflation Test** This week, investors are watching closely as new inflation data is set to be released, with many anticipating that it could disrupt the recent rally in stock markets. Some analysts are warning that continued strength in inflation could prompt the Federal Reserve to keep interest rates elevated for a longer period,…
Investors are closely watching shifting inflation expectations and their effects on different market sectors. Recent data suggests that as inflation expectations rise, the financial sector, particularly banking, has started to outperform, while the automotive sector faces headwinds. This divergence stems partly from banks benefiting from higher interest rates, while automakers contend with increased production costs…
Many people keep hearing reports that inflation is slowing down, but their daily experiences tell a different story. Despite official statistics claiming that price increases are cooling off, the average consumer continues to feel the squeeze at the grocery store, gas pump, and elsewhere. Many feel their wallets are still stretched thin, and they’re skeptical…
By Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. The American dollar has hit its rock bottom, at least since the Nixon days. The dollar is experiencing its worst value since 1973, and other factors may bring it even lower. There are…