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Stubbornly high rents and food prices boost US inflation in August

Stubbornly high rents and food prices boost US inflation in August

The consumer price index increases by 0.1% in August Rents, food and health care explain the rise in the CPI Core CPI jumped 0.6%; increased 6.3% year-over-year WASHINGTON, Sept 13 (Reuters) – U.S. consumer prices rose unexpectedly in August and core inflation accelerated amid rising rent and health care costs, giving the Federal Reserve ammunition …

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Explainer: The G7 price cap on Russian oil is starting to take shape

Explainer: The G7 price cap on Russian oil is starting to take shape

A model of 3D-printed oil barrels is seen in front of the falling stock market chart in this illustration taken December 1, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 12 (Reuters) – Group of Seven nations are working to cap the price of Russian oil in a …

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Oil rises 4% on supply threats, still forecast for weekly decline

Oil rises 4% on supply threats, still forecast for weekly decline

The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann Join now for FREE unlimited access to Reuters.com Register Oil benchmarks head for second weekly decline Putin threatens to cut off all energy sources Fed’s Waller: Need aggressive rate hikes now while economy …

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