Economy

00:02:01

US Inflation Surges to Highest Level Since April 2023

Economy The Epoch Times -
The U.S. annual inflation rate surged to 4.2 percent last month, from 3.8 percent in April, according to new Bureau of Labor Statistics data released on June 10.

Bitcoin Falls to $61,193 as US Dollar Strengthens

Economy The Epoch Times -
Bitcoin’s price has hit one of its lowest levels in around 20 months, aside from a decline in February, trading at just over $61,000.
MAGA Business MAGA Business

Retail Giants Post Higher Sales but Consumers Show Signs of Strain

Economy The Epoch Times -
Target and Walmart posted stronger first-quarter sales, but warned of growing pressure on low-income consumers and an increasingly uncertain retail outlook.
00:00:27

US Announces Loan of 53 Million Barrels of Oil From Strategic Petroleum Reserve

Economy The Epoch Times -
The U.S. government will loan 53 million barrels of oil from the SPR to petroleum companies in bid to relieve elevated gas and oil prices amid Iran conflict.

Gas Prices Lift US Inflation to 3.8 Percent, the Highest Level in Nearly 3 Years

Economy The Epoch Times -
Consumer prices accelerated for the second straight month in April as the war in Iran added to renewed inflationary pressures.

US Economy Rebounds With 2 Percent Growth in 1st Quarter

Economy The Epoch Times -
The U.S. economy registered a solid rebound in the first quarter after a disappointing end to 2025, new government data shows.
00:00:38

IMF Cuts Growth Outlook, Warns Iran War Could Push Global Economy to Brink

Economy The Epoch Times -
IMF cuts growth outlook, warning the global economy could near recession if the Iran war worsens, disrupting energy, inflation, markets.

US Annual Inflation Shoots Up to 3.3 Percent, Highest Level Since May 2024

Economy The Epoch Times -
A spike in energy prices sent the annual U.S. inflation rate to its highest level since May 2024, according to the Bureau of Labor Statistics.
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