Economy

August Inflation Soars to 3.4%, Fueled by Iran War and AI Boom, Pressuring Fed

Inflation in August remained at a high of 3.4% year-over-year, driven by geopolitical tensions…

Apple’s Foldable iPhone Duo Debuts at Premium Price, Sparks Tech Rally; Skyworks Soars on Supply Chain Impact

Apple's groundbreaking foldable iPhone, the Duo, has launched in the UK with an unprecedented…

10-Year Treasury Yield Nears 5%: A Boon for Income Investors Amidst Inflation and Geopolitical Tensions

The 10-year Treasury yield is nearing 5%, presenting a compelling opportunity for income-seeking investors…

Housing Stocks Tumble as Mortgage Rates Breach 7%, Energy Sector Shines Ahead of Inflation Data

Housing stocks faced significant pressure as 30-year fixed mortgage rates climbed above 7% on…

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