US producer prices rose 2.6% annually in May, matching market expectations, with a modest 0.1% increase from April, the US Bureau of Labor Statistics reported.
Producer prices in the United States increased by 2.6% year-on-year in May, in line with analysts’ forecasts, according to data released Thursday by the US Bureau of Labor Statistics. This marks a slight acceleration from the 2.4% rise recorded in April. On a monthly basis, producer prices edged up by 0.1%. The increase was driven mainly by a 0.1% rise in prices for final demand services and a 0.2% growth in final demand goods. Additionally, prices excluding food, energy, and trade services also saw a marginal increase of 0.1% in May.
Democracies must be prepared to fight for freedom in order to survive, Nobel Peace Prize laureate Maria Corina Machado said on Wednesday, in a speech ...
Iranian President Masoud Pezeshkian arrived in Astana on Wednesday, 10 December, for a two-day visit aimed at expanding trade, transit, and economic t...
The Organisation of Turkic States (OTS) is rapidly transforming into a strategic regional hub, offering member states an independent geopolitical path...
Hate speech targeting Muslims and Christians in India surged by 74% in 2024, driven by election-season rhetoric and unrest in neighboring Bangladesh, ...
At least 19 people were killed and 16 injured as two buildings collapased in Morocco's Fes city according to the state news agency....
Military coups have reappeared across West Africa and the Sahel. Recent events in Guinea-Bissau and coup attempt in Benin add to a growing list of abrupt power shifts over the past five years.
Hate speech targeting Muslims and Christians in India surged by 74% in 2024, driven by election-season rhetoric and unrest in neighboring Bangladesh, according to a new report from the India Hate Lab, a Washington-based research organization.
At least 19 people were killed and 16 injured as two buildings collapased in Morocco's Fes city according to the state news agency.
The United Nations Security Council has issued warnings about the rapidly worsening humanitarian crisis in Ukraine, citing a sharp surge in civilian casualties amidst Russia's intensified aerial attacks, marking the deadliest period of the war in more than a year.
Scores of demonstrators gathered outside the Norwegian Nobel Institute in Oslo Tuesday (9 December) to protest against the awarding of this year’s Nobel Peace Prize to Venezuelan opposition leader Maria Corina Machado.
Authorities in Japan lifted all tsunami warnings on Tuesday following a strong 7.5-magnitude earthquake that struck off the northeastern coast late on Monday, injuring at least 30 people and forcing around 90,000 residents to evacuate their homes.
Pressure is mounting between Venezuela and the United States as both nations emphasise military preparedness and strategic positioning.
Tehran has protested to Washington because of the travel ban on its football team delegation as well as Iranian fans who would like to travel to the United States for the upcoming World Cup matches in 2026.
Iran and Saudi Arabia reiterated their commitment to enhance ties following a joint meeting with China in Tehran on Tuesday to follow up on implementation of the 2023 Beijing Agreement which resulted in resumption of their diplomatic relations after eight years.
China has carried out a major test of a new “super wireless” rail convoy, a technology that could reshape the future of heavy-haul transport.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
U.S. industrial production rose by 0.1% in September, rebounding after a decline in August, while capacity utilisation remained unchanged, according to Federal Reserve data on Wednesday.
Google’s YouTube has announced a “disappointing update” for millions of Australian users and creators, confirming it will comply with the country’s world-first ban on social media access for under-16s by locking affected users out of their accounts within days.
President of Turkmenistan Serdar Berdimuhamedow has signed the “On Virtual Assets” law, which will officially legalise cryptocurrency mining and exchange activities in the country from 1 January 2026.
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