U.S. inflation surged in March, driven by rising gasoline prices amid the Iran conflict, with the PCE index recording its sharpest monthly gain in nearly two years. Elevated inflation and steady core pressures have reinforced expectations of prolonged higher interest rates, while real consumer spending growth showed signs of slowing.
US Stock Market: Meta raises $25 billion via bond sale to fund AI expansion
Meta Platforms has secured $25 billion in investment-grade bonds to fuel its aggressive expansion in artificial intelligence infrastructure. This significant debt issuance follows a substantial
May 1, 2026