Tag: inflation

Oil Prices Fall 2% Amid Tariff Concerns and Tensions Between Trump and Zelenskyy

Global oil prices fell by 2% amid U.S.-Ukraine tensions and potential new tariffs from Trump, raising inflation concerns.

Nvidia, Apple, and Other Tech Stocks Tumble After Trump Imposes New Tariffs

Trump's tariffs hit U.S. tech stocks hard, with Nvidia plunging nearly 9% and concerns over inflation impacting the sector broadly.

Nvidia’s 8.48% Plunge Drives Tech Sell-Off, Market Reacts to Trump’s Tariff Plans

U.S. stock market declines after Trump announces tariffs, with Nvidia's stock dropping over 8%, triggering a tech sell-off.

Gold Prices Soar Above $2,900 as Tariff Fears Fuel Safe-Haven Demand

Trump's tariffs drive gold prices to a record high of $2,933.60 per ounce, with expectations of rising inflation fueling demand.

Despite Broad Selloff, NVIDIA Posts 1% Gain Fueled by AI Growth

U.S. stocks fell due to inflation fears, but NVIDIA rose amid Amazon's $100 billion AI investment, while other chip stocks declined.

Ripple Faces a Steep 6% Drop, Bitcoin Holds Steady Amid Crypto Market Struggles

Ripple's value dropped over 6% to $2.36 amid market pressures, causing its ranking to fall from third to fourth place.

Trump’s Tariff Tactics Send Bitcoin and Crypto Markets Plummeting

Cryptocurrencies, led by Bitcoin, face sharp declines as Trump's tariffs on imports intensify inflationary pressures in the U.S.

Could Trump’s Return Boost Inflation to New Heights?

Yahoo Finance reported on June 20 that if Republican presidential candidate Donald Trump is elected, U.S. inflation could worsen again. During Trump's administration, inflation rose...

Kashkari Hints at Possible Fed Rate Cut by Year-End

Classified as a leading hawk in the Federal Reserve, Neel Kashkari, the President of the Federal Reserve Bank of Minneapolis, stated, "Expectations for a...

Inflation Woes: Powell Indicates Long-Term High Interest Rates

On the 16th (local time), the Wall Street Journal (WSJ) reported that Chairman of the Federal Reserve Jerome Powell warned that the current high interest rates...