Inflation – Page 7 – SRK Analytics

U.S. Pending Home Sales Drop Unexpectedly in June as High Mortgage Rates Deter Buyers

U.S. Pending Home Sales Drop Unexpectedly in June as High Mortgage Rates Deter Buyers

US pending home sales plunged in June as high mortgage rates and record prices sidelined buyers, signaling a sharp slowdown for the housing market.

Prasenjit Bhowmik July 24, 2026

Mortgage Rates Jump to 6.55%, Reaching Highest Level in Nearly a Year

Mortgage Rates Jump to 6.55%, Reaching Highest Level in Nearly a Year

US mortgage rates have climbed to a one-year high of 6.55 percent as geopolitical tensions and rising bond yields pressure the housing market.

Prasenjit Bhowmik July 24, 2026

Brent Crude Surges Past $100 as Escalating Red Sea Conflict Threatens Global Energy Supply

Business Insights

Brent Crude Surges Past $100 as Escalating Red Sea Conflict Threatens Global Energy Supply

Global energy markets reached a critical flashpoint this week as Brent crude oil breached $100 per barrel for the first time in months, driven by intensifying military confrontations in the…

Prasenjit Bhowmik July 24, 2026

Brent Crude Surges Past $100 as Red Sea Conflict Threatens Global Energy Supply

Business Insights

Brent Crude Surges Past $100 as Red Sea Conflict Threatens Global Energy Supply

Global energy markets reached a critical flashpoint on Tuesday as Brent crude oil surged past the $100 per barrel mark, driven by an intensifying military conflict in the Red Sea.…

Prasenjit Bhowmik July 24, 2026

Gold Drops 2% as Middle East Escalation Drives Inflation Fears and Rate-Hike Bets

Gold Drops 2% as Middle East Escalation Drives Inflation Fears and Rate-Hike Bets

Gold prices plunged over 2 percent as rising Middle East tensions sparked oil inflation fears and bets on prolonged central bank interest rate hikes.

Prasenjit Bhowmik July 24, 2026

JPMorgan CEO Jamie Dimon Warns Against Buying Stocks and Treasurys Amid Mounting Risks

Emerging Market

JPMorgan CEO Jamie Dimon Warns Against Buying Stocks and Treasurys Amid Mounting Risks

JPMorgan CEO Jamie Dimon warns investors to avoid stocks and Treasury bonds as rising geopolitical and fiscal risks threaten global markets.

Prasenjit Bhowmik July 24, 2026

Jamie Dimon Warns Against Buying Stocks and Treasuries Amid Overlooked Market Risks

Emerging Market

Jamie Dimon Warns Against Buying Stocks and Treasuries Amid Overlooked Market Risks

JPMorgan CEO Jamie Dimon warns investors to avoid stocks and bonds, citing overlooked geopolitical risks and rising inflation.

Prasenjit Bhowmik July 24, 2026

Jamie Dimon Warns Against Buying Stocks and Treasurys Amid Mounting Fiscal and Geopolitical Risks

Emerging Market

Jamie Dimon Warns Against Buying Stocks and Treasurys Amid Mounting Fiscal and Geopolitical Risks

JPMorgan CEO Jamie Dimon warns investors to avoid stocks and bonds due to rising government debt and overlooked geopolitical risks.

Prasenjit Bhowmik July 24, 2026

IRS Increases Business Mileage Rate to 76 Cents Midyear Following Gas Price Surge

IRS Increases Business Mileage Rate to 76 Cents Midyear Following Gas Price Surge

The IRS is raising the business mileage rate to 76 cents on July 1 to help drivers and businesses offset soaring fuel costs.

Prasenjit Bhowmik July 24, 2026

IRS Raises Standard Mileage Deduction Rate to 76 Cents Amid Rising Fuel Costs Driven by Geopolitical Conflict

IRS Raises Standard Mileage Deduction Rate to 76 Cents Amid Rising Fuel Costs Driven by Geopolitical Conflict

Discover how the new IRS midyear mileage rate hike to 76 cents offers crucial tax relief for drivers facing soaring gas prices from global conflicts.

Prasenjit Bhowmik July 24, 2026