The Bureau of Labor Statistics reported that inflation ticked up by only 0.2 per cent in June and had its lowest 12-month increase in more than two years in a welcome turn of events for President Joe Biden. The Consumer Price Index for All Urban Consumers showed that inflation rose 0.2 per cent last month after it had only ticked up 0.1 per cent in May, in a sign that inflation is easing up. Meanwhile, the all-items index rose 3.0 per cent for the past twelve months ending in June, its lowest 12-month increase since March of 2021.

India’s retail inflation rose more than estimated in June on spiraling food prices, reaffirming expectations of a hawkish

MANHASSET, N.Y.--(BUSINESS WIRE)--Jul 12, 2023--

At least three people are dead and 14 injured after a crash involving a Greyhound bus and three other vehicles early Wednesday in southern Illinois, a release from state police said.

After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — 3% in June compared with 12 months earlier — a sign that the Federal Reserve’s interest rate hikes have steadily slowed price increases across the economy

Illumina Inc. was hit with a €432 million ($476 million) fine for acquiring cancer-test provider Grail Inc. before

There was no jackpot winner in Tuesday night's Mega Millions drawing according to the lottery's website, prompting another drawing scheduled for Friday at 11 p.m. ET.

Britain’s antitrust watchdog said that a new merger investigation into Microsoft Corp.’s $69 billion Activision Blizzard Inc. deal

(Reuters) -Nvidia invested $50 million to speed up training of biotech firm Recursion's artificial intelligence models for drug discovery, which

Jets of red gas bursting into the cosmos, and a glowing cave of dust: NASA marked a year of discovery by the James Webb Space Telescope Wednesday with a spectacular...

WASHINGTON U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two

Kenyan officers on Wednesday fired tear gas on protesters who defied a police ban to join an anti-government demonstration called by opposition leader...