Fed’s core inflation measure rises to 3.4% in May
The Commerce Department said core PCE rose 0.3% in May and 3.4% from a year earlier, keeping pressure on the Fed as spending and i...
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Economy
Hormuz shipping rebounds after U.S.-Iran deal, but risks keep insurers wary
Traffic through the Strait of Hormuz has picked up after a truce, but a new cargo ship attack has kept shipowners cautious.
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Iran tells ships to get approval before Hormuz transits
Tehran’s warning keeps pressure on a key oil route, even after a U.S.-Iran agreement aimed at reopening the Strait of Hormuz.
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Inflation, housing and retail sales lead the week’s data calendar
December CPI, November retail sales and key housing reports headline the Jan. 11 week, alongside manufacturing surveys and the Fed...
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Manheim index shows used-car auction prices edged up in December
Manheim Consulting said its Used Vehicle Value Index reached 205.5 in December, up 0.1% from November and 0.4% from a year earlier...
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Lagarde says early ECB departure is possible before France’s 2027 vote
Christine Lagarde told Les Echos she may speak up in France’s presidential debate, keeping open the possibility of leaving the ECB...
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Three Iranian tankers leave Hormuz blockade as oil trade waits on deal
Kpler data showed nearly 5 million barrels of Iranian crude moving out as shipowners weigh a possible reopening of the Strait of H...
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Calculated Risk flags slower housing starts in weekly real estate roundup
Bill McBride’s Calculated Risk highlighted a drop in October housing starts and several other housing-market signals in its latest...
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ECB raises rates to 2.25% as Middle East energy shock lifts inflation
The European Central Bank delivered its first rate increase since 2023, citing inflation pressure from the U.S.-Iran war and highe...
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Nevada leads US workforce growth as economy stretches beyond casinos
BLS data shows Nevada’s workforce grew faster than any other state, helped by gains outside gaming and a rising pool of workers.
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U.S. hotel occupancy rose in the first week of 2026
CoStar data showed higher occupancy, room rates and RevPAR for U.S. hotels, though Calculated Risk cautioned early January is hard...
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US trade gap narrowed to $29.4 billion in October
Exports rose and imports fell in October, cutting the US goods and services deficit by $18.8 billion from September, according to...
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