Business

The Federal Reserve’s (Fed) preferred inflation measure in May hit its lowest level in more than three years. The headline personal consumption expenditures (PCE) price index was flat in May and up 2.6% year-over-year, according to a June 28 report … Read more

Warren Buffett has completed his plan to give away one of the largest fortunes of modern times, the Wall Street Journal reports. In an interview with WSJ, the CEO of Berkshire Hathaway shared that after his death, almost all of … Read more

The increase in USD and US government bond yields caused each ounce of gold to decrease by more than 20 USD in yesterday’s session. At the end of the trading session on June 26, the world spot gold price decreased … Read more

Three sharp declines after a record-breaking rally have made Nvidia shares a bargain for short sellers. Data analysis firm Ortex Technologies said short sellers profited nearly $5 billion when chip company Nvidia ‘s shares were sold off for three consecutive … Read more

The large interest rate differential between the US and Japan continues to cause the yen to depreciate against the USD, now at its lowest level since 1986. On June 26, each US dollar was exchanged for 160.8 yen. This is … Read more