Here’s the inflation breakdown for April 2025 — in one chart

Here’s the inflation breakdown for April 2025 — in one chart


Key Points
  • The consumer price index declined to 2.3% in April from 12 months earlier, the lowest reading since February 2021.
  • However, tariffs levied by President Donald Trump are expected to re-ignite inflation as soon as next month, according to economists.
  • Prices declined for categories like gasoline, groceries, apparel, used cars and airline fares during the month from March to April, according to CPI data.



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MP Materials selects Texas for rare earth magnet manufacturing site
Finance

MP Materials selects Texas for rare earth magnet manufacturing site

Key Points MP Materials has chosen Northlake, Texas, for its new $1.25 billion rare earth magnet manufacturing campus. The facility, dubbed “10X,” will use rare earth raw materials that have been sourced and processed at MP Materials’ Mountain Pass mine in California. Mountain Pass is the only commercial-scale rare earths mine in the U.S. The […]

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Finance

Stocks making the biggest moves premarket: Nvidia, J.M. Smucker, Trade Desk, Nutanix & more

Check out the companies making the biggest moves in the premarket: J.M. Smucker — The food stock popped 7% on better-than-expected fiscal third-quarter results. Smucker earned $2.38 per share, excluding certain items, on revenue of $2.34 billion. Analysts polled by FactSet expected a profit of $2.27 per share on revenue of $2.32 billion. Qnity — […]

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Nvidia still hasn’t sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over
Finance

Nvidia still hasn’t sold its U.S.-approved China AI chips — and it’s worried local AI rivals could take over

Key Points Nvidia said it has yet to generate any revenue from chip sales to China. Chip sales have come under scrutiny from both Washington and Beijing amid a tech race. Chinese AI firms gained ground through IPOs and lower-cost tech. Source

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