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US Wholesale Prices Jump 1.1% in May, Highest Since 2022
US wholesale prices rose 1.1% in May, the highest annual gain since November 2022, driven by energy price surges amid Middle East tensions.
German Pensions Rise 4.24% from July 1, 2026
Germany’s Bundesrat approves 4.24% pension increase starting July 1, 2026. Standard retirees gain €77.85 monthly as wage growth outpaces inflation.
Bank of Japan Raises Rates to 1%, Highest Level Since 1995
BOJ set to raise rates to 1% on June 16, the highest since 1995, as inflation and weak yen force tightening action.
Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
Cash App is making a major move beyond digital payments and personal finance by launching a new wireless phone service. The company has introduced a $40 per month unlimited phone plan that operates on the AT&T network, marking its entry into the highly competitive telecommunications market. The launch represents one of the biggest expansions in…
Tesla (NASDAQ: TSLA) Pre-Market Hits $402.00 (+0.71%) as SpaceX IPO Order Book Closure Sparks Momentum
TSLA shares rose in pre-market trading to $402.00, marking a 0.71% increase as investor sentiment strengthened following news related to SpaceX IPO order book closure. The movement reflects renewed excitement across high-growth technology and space-related assets, which often influence Tesla’s market perception due to Elon Musk’s leadership across multiple companies. The rise in TSLA stock…
IndiGo, HPCL Rally 3% as Crude Oil Falls Below $90 on Iran Peace Deal, June 12
IndiGo and HPCL surge as Trump signals Iran peace deal, crude oil drops below $90 on easing geopolitical tensions.
UK Economy Shrinks: GDP Drops 0.1% in April as Iran Conflict Sends Energy Costs Soaring and Growth Slows
The UK Economy faced a setback in April as the country’s Gross Domestic Product (GDP) fell by 0.1%, highlighting growing pressure from higher energy prices, weaker consumer demand, and increasing global uncertainty. The decline came at a time when geopolitical tensions involving Iran pushed energy costs higher, creating additional challenges for businesses and households. The…
Indian Stock Market Week Closing: Sensex Gains 2.30% to 75,527 as Bulls Eye 76K Resistance Zone
The Indian stock market closed the week on a strong bullish note. The Sensex jumped 2.30% to close at 75,527, marking one of the strongest weekly recoveries in recent sessions. The Nifty also followed the upward trend, supported by heavy buying in financial and blue-chip stocks. We saw strong risk-on sentiment across Dalal Street. Global…
RCMP Charges 5 People in Nova Scotia Drug and Gun Busts, June 12
RCMP charges 5 people in Nova Scotia drug trafficking busts. Cocaine, methamphetamine, guns, and vehicles seized.