Reported about 2 months ago
The Consumer Price Index (CPI) for July showed a 0.2% monthly increase and a 2.9% annual rise, aligning with economist expectations. Housing costs surged by 0.4% month-over-month and 5.1% year-over-year, leading to discussions about potential Federal Reserve interest rate cuts. Meanwhile, the Department of Justice has initiated antitrust proceedings against Alphabet, accusing Google of monopolistic practices.
Source: YAHOO