US consumer prices likely rose at a solid pace in April, potentially marking the largest annual inflation increase in over 2.5 years and reinforcing expectations that the Federal Reserve will keep interest rates unchanged.

President Trump announces plans to cut the 18-cent federal gas tax for an unspecified period as fuel prices rise amid the ongoing war involving Iran.

Donald Trump announced plans to reduce the 18-cent federal gas tax for an unspecified duration as fuel prices rise amid the ongoing war involving Iran.

The European Central Bank signals it will consider raising interest rates at its June 11 meeting. The move follows recent policy discussions regarding the bank's inflation targets.

The European Central Bank has indicated it will evaluate a potential interest rate increase during its meeting on June 11.

Russia lowers its official economic growth forecast for the year asVladimir Putin orders the government to address the country's ongoing economic slowdown.

Russia has lowered its official economic growth forecast for the current year, following directives from Vladimir Putin for the government to address the ongoing slowdown.

European investment firm EQT agrees to acquire Japanese price comparison operator Kakaku.com for approximately 590 billion yen, according to Nikkei.

European investment firm EQT has reached an agreement to acquire Japanese price comparison site operator Kakaku.com for approximately 590 billion yen, according to a report by Nikkei.