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CA Consumer Price Index, May 2025
The Consumer Price Index (CPI) rose 1.7% on a year-over-year basis in May, matching the 1.7% increase in April. Compared with one year earlier, a smaller price increase for rent and a decline in travel tours put downward pressure on the CPI in May. Smaller declines for gas and cellular services put upward pressure on the index compared with the previous month. Excluding energy, the CPI rose 2.7% in May, following a 2.9% increase in April. On a monthly basis, the CPI rose 0.6% in May. On a seasonally adjusted monthly basis, the CPI was up 0.2%. The shelter component grew at a slower pace year over year in May, rising ... (full story)
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Inflation holds steady at 1.7% in May as rent hikes cool
The annual pace of inflation held steady at 1.7 per cent in May as cooling shelter costs helped tame price pressures, Statistics Canada said Tuesday. Shelter costs rose three per cent in May, StatCan said, marking a slowdown from 3.4 per cent in April. The agency singled out Ontario as the major source of rent relief in the country. Slowing population growth and a jump in new supply helped dampen rent hikes in May. Mortgage interest costs meanwhile decelerated for the 21st consecutive month amid lower interest rates from the Bank of Canada. Economists had broadly expected inflation would remain unchanged heading into ... (full story)
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From analyticsinsight.net|Jun 24, 2025Bitcoin price in June 2025 has moved between US$98,200 and US$105,400. These price changes have been driven by world events, economic news, and trading activity. Recently, Bitcoin ...
From @DeItaone|Jun 24, 2025|6 commentsISRAEL CONFIRMS THAT IT ATTACKED A TARGET IN IRAN AND THAT ITS JETS ARE ON THEIR WAY BACK TO ISRAEL Tel Aviv's Channel 12 reports that Israel's fighter aircraft targeted locations in Tehran. ISRAELI MEDIA CITING SECURITY SOURCES: THE MATTER HAS CONCLUDED, AND A CEASEFIRE BETWEEN ISRAEL AND IRAN HAS TAKEN EFFECT.
Israel hits 'symbolic' target near Tehran The Israeli military carried out a "symbolic" strike on a radar near Tehran, Israeli media reported on Tuesday. The attack was scaled down after United States President Donald Trump spoke to Israeli Prime Minister Benjamin Netanyahu and urged him not to "drop those bombs." Earlier today, Israel accused Iran of violating the ceasefire that came into force early on Tuesday, which Tehran denied. Meanwhile, Iranian media reported two explosions in Tehran, although they have not been officially confirmed.
From cnbc.com|Jun 24, 2025Two Republican senators are planning to debut a framework on Tuesday for a major bill that would set the rules of the road for digital assets. According to the framework, being ...
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From federalreserve.gov|Jun 24, 2025|6 commentsChairman Hill, Ranking Member Waters, and other members of the Committee, I appreciate the opportunity to present the Federal Reserve's semiannual Monetary Policy Report. The ...
From financemagnates.com|Jun 24, 2025With Stripe acquiring Bridge and PayPal integrating PYUSD for merchant payments, 2025 is quickly shaping up to be a pivotal year for stablecoins. These moves come amid a surge in ...
From @realDonaldTrump|Jun 24, 2025|4 comments
China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also. It was my Great Honor to make this happen! Heading to NATO where, at worst, it will be a much calmer period than what I just went through with Israel and Iran. I look forward to seeing all of my very good European friends, and others. Hopefully, much will be accomplished!
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