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Prices on goods affected by tariffs saw the biggest surges while prices less contingent on foreign imports saw decreases.

Consumer prices in the United States held steady in July, as elevated inflation sweeps through the economy.

The consumer price index report (CPI) rose 2.7 percent over this time last year and follows a 2.7 percent increase in June, according to the Department of Labor report released on Tuesday. On a monthly basis, prices increased by 0.2 percent in July compared to 0.3…

It also focused on supporting ‘the Syrian government’s efforts to consolidate’ a ceasefire in the Druze-majority Syrian province of Suwayda, as Syria’s minority communities continue to express concerns for their safety.

Foreign ministers from Syria and Jordan, as well as a United States envoy have met in Amman to discuss ways to support the rebuilding of Syria under its new government, as Damascus seeks investment deals with international companies to revive an economy battered by 14…

The Kremlin is pushing to seize more territory in Donetsk region before Trump-Putin talks on Friday in Alaska.

Ukraine’s military has sent reserves to stem Russian advances near two key cities in the eastern Donetsk region, as Moscow attempts to gain more territory before a meeting between its leader, Vladimir Putin and United States President Donald Trump in Alaska on Friday, where land swap issues to end the war will be focal.

The Ukrainian General Staff said on Tuesday that its forces…

US president has pressured Powell to lower interest rates and criticised him for the Federal Reserve’s renovation costs.

United States President Donald Trump has suggested that Federal Reserve Chief Jerome Powell could face a lawsuit over renovation costs for the central bank’s nearly century-old headquarters.

The threat, issued on Tuesday in a post on Truth Social, is the latest salvo in Trump’s ongoing pressure campaign against the central bank leader.

The two have clashed over…

The provisional rate, which was unexpected, will be set at 75.8 percent and will be effective from Thursday, China said.

China has announced preliminary anti-dumping duties on Canadian canola imports, a new escalation in the yearlong trade dispute that began with Ottawa’s imposition of tariffs on Chinese electric vehicle imports last August.

The provisional rate will be set at 75.8 percent, effective from Thursday, the Ministry of Commerce said in a statement on Tuesday.

Intercontinetal…