Consumer inflation rose at a hotter-than-expected 8.3% pace in April, fueled by worrisome gains across the services sector.
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Hotter-than-expected CPI report shows broader-based inflation that will be ‘very hard to kill’
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Market tuning out tariffs and tax bill and that will continue in second half, Barclays says
Stocks have been shaking off threats from tariffs and tax policy as of late – and they’re likely to continue doing so, according to Barclays. Markets are poised to stop constantly responding to President Donald Trump’s tariff policy and the “One Big Beautiful” tax bill making its way through Congress, the bank said. Instead, traders’ […]
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China’s Xiaomi undercuts Tesla with yet another cheaper car
People check out an electric SUV Xiaomi YU7 at a Xiaomi Store in Hangzhou in east China’s Zhejiang province Thursday, June 26, 2025. Feature China | Future Publishing | Getty Images BEIJING — Chinese smartphone company Xiaomi is taking aim straight at rival Tesla with a new electric SUV. Xiaomi’s luxury YU7 SUV will start […]
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CNBC’s Inside India newsletter: Iran-Israel war sparks fresh interest in India’s defense sector
Hello, this is Ganesh Rao, writing from London. This week, I look into how the Israel-Iran conflict was a reminder of India’s vulnerabilities — and the opportunities emerging from the crisis. The Indian Army’s Brahmos missile system takes part Rehearsal in full swing ahead of the Republic Day Parade 2025, at Kartavya Path on January […]
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