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Stocks rise on restrained US inflation
Stocks rise on restrained US inflation
Economy
by  AFP

Stock markets rose on Tuesday as US inflation data showed a still-subdued impact from US President Donald Trump's tariffs. Stock markets in Asia rose on the news, with Tokyo hitting a record.

US consumer inflation holds steady but tariff worries persist
US consumer inflation holds steady but tariff worries persist
Economy
by  AFP

Consumer inflation in the United States held steady in July, data showed Tuesday, but underlying price increases picked up as President Donald Trump's sweeping tariffs ripple through the world's biggest economy. From a year ago, underlying inflation rose 3.1 percent, picking up pace too.