Inflation Gauge Hits Three-Year High, Keeping Fed Rate-Hike Talk Alive
The Fed’s preferred inflation gauge rose to a three-year high in May, keeping interest-rate pressure in focus for consumers, businesses and markets.
Cue Writer · July 1, 2026
August 29, 2026
The Fed’s preferred inflation gauge rose to a three-year high in May, keeping interest-rate pressure in focus for consumers, businesses and markets.
Cue Writer · July 1, 2026
VIPD says traffic from Mongoose Junction to Northshore will close at 8 a.m. for the St. John Celebration parade, with ferry ID checks and safety rules in place.
Cue Writer · July 1, 2026
Oil prices moved lower as more tankers exited the Strait of Hormuz, easing supply concerns despite an attack near Oman and ongoing Middle East tensions.
Cue Writer · July 1, 2026
A Federal Reserve official’s shift toward a possible rate increase highlights the pressure inflation is putting on borrowing costs, markets and consumers.
Cue Writer · July 1, 2026
SpaceX is set to enter the Nasdaq-100 in July, potentially forcing new demand from index funds and ETFs tied to the benchmark.
Cue Writer · July 1, 2026
The Virgin Islands Police Department said a suspect was apprehended after a Friday evening shooting near the WMJR Service Station in Sion Farm that left 50-year-old Pedro Melendez Sanes dead.
Cue Writer · July 1, 2026
CNBC reports that AI-driven demand for memory chips is raising costs for Apple, Microsoft and smaller electronics makers, a squeeze that could mean higher device prices for consumers and businesses.
Cue Writer · July 1, 2026
Virgin Islands police said Brian Schooler was arrested after a Friday night shooting at WMJR Service Gas Station near Sion Farm left Pedro Melendez Sanes dead.
Cue Writer · July 1, 2026
The Bank for International Settlements says public debt, fragile markets and uncertainty around the AI boom are increasing risks for the global economy.
Cue Writer · July 1, 2026
Police are investigating a burglary at Optimistic Jewelry Design & Repair and an attempted break-in at Valentines Jewelers on St. Thomas.
Cue Writer · July 1, 2026