Dossier
rising inflation
Coverage of rising inflation in the Nexus archive.
U.S. manufacturersorganization1high U.S. tariffstopic1war with Irantopic1spike in oil pricestopic1Iranplace1Secondhand phone salestopic1AI bloattopic1consumer apathytopic1overpriced new handsetstopic1used stocktopic1Federal Reserveorganization1Kelly O'Gradyperson1benchmark interest ratetopic1U.S. economytopic1
- U.S. manufacturers keep on trucking despite a road littered with obstacles
Despite high U.S. tariffs, a war with Iran, rising oil prices, and inflation, American manufacturers experienced six consecutive months of growth in June, marking the longest streak in four years.
- That old phone in the kitchen drawer could save an industry
Secondhand phone sales are rising due to economic pressures like inflation and consumer reluctance to pay for AI features in new models. The industry is benefiting from overpriced new handsets and growing buyer apathy.
- Fed holds benchmark interest rate steady as Americans face rising inflation
The Federal Reserve maintained its benchmark interest rate for the third consecutive month amid rising U.S. inflation. The decision aims to balance economic stability against inflationary pressures.