Another key measure of inflation set a fresh 40-year high in June, a month marked by record-high gas prices.
Mortgage rates fall sharply after negative GDP report and Fed’s latest hike
Just one day after the Federal Reserve raised its benchmark rate, mortgage rates took a sharp turn lower.
Oil Notches First Back-to-Back Monthly Loss Since 2020
Oil fell for a second-consecutive month as a deteriorating demand outlook offset concerns over tight physical supplies.