Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?

Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?

Apple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store. After holding steady on iPhone prices a year ago, some analysts expect that Apple AAPL, -1.36% will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design … Read more

Inflation falls for the first time in more than two years, key US gauge shows, due to sinking gas prices

Inflation falls for the first time in more than two years, key US gauge shows, due to sinking gas prices

The numbers: A key gauge of US inflation fell 0.1% in July thanks to tumbling gasoline prices, marking the first decline in more than two years and giving Americans some relief from a rapidly rising cost of living. The drop in the so-called personal-consumption price index was the first since April 2020, when the US … Read more

US inflation surges again and stays at 40-year high, key price gauge shows

US inflation surges again and stays at 40-year high, key price gauge shows

The numbers: A key gauge of US inflation rose a sharp 1% in June, led by higher fuel prices, in a sign that price pressures in the economy are still intense and unlikely to relent quickly. The increase in the so-called personal-consumption price index exceeded Wall Street’s forecast. Economists had predicted a 0.9% advance. A … Read more