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Vietnamese in US struggle as inflation bites

Vietnamese in US struggle as inflation bites

Thanh has been buying only vegetables when she goes to the supermarket, but her bill consistently comes to more than US$150 to her shock and dismay.

US inflation turning the corner as consumer prices rise below expectations

US inflation turning the corner as consumer prices rise below expectations

U.S. consumer prices rose less than expected in October, pushing the annual increase below 8% for the first time in eight months, the strongest signs yet that inflation was slowing, which would allow the Federal Reserve to scale back its hefty interest rate hikes.

US inflation likely eased in August, but not enough

US inflation likely eased in August, but not enough

U.S. inflation likely slowed in August, largely thanks to falling gasoline prices, but not enough to satisfy policymakers, especially President Joe Biden, as high prices continue to inflict pain on American families and businesses.

September 12, 2022 | 06:18 pm PT

Oil slumps 6 pct to four-week low on recession worries, strong dollar

Oil slumps 6 pct to four-week low on recession worries, strong dollar

Oil prices tumbled about 6 percent to a four-week low on Friday on worries that interest rate hikes by major central banks could slow the global economy and cut demand for energy.

June 17, 2022 | 04:46 pm PT

Oil falls as US inflation data surges, China imposes lockdowns

Oil falls as US inflation data surges, China imposes lockdowns

Oil prices fell on Friday, after U.S. consumer prices rose more than expected and China imposed new Covid-19 lockdown measures.

June 10, 2022 | 03:47 pm PT

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