Consumer inflation was recorded at 0.5% last June, a figure that exceeded economists projections to reach about 0.3%.
North America
SEC case vs. Goldman Sachs’ junior salesman might backfire
SEC's persistence to pursue the case against Fabrice Tourre, Goldman Sachs' junior salesman, may backfire.
Rae Dawn Chong slams millionaire co-star
In a radio interview, actress Rae Dawn Chong called the self-made multimillionaire Oprah Winfrey "a total b----."
Production for next-gen Chevrolet Cruze delayed
The production of next-gen Chevrolet Cruze will be delayed by a year after sources familiar with the deal said that it's more likely to start in December 2015.
GE shares at highest level since 2008
The shares of General Electric have reached its highest level since the financial crisis of 2008. General Electric (GE) shares were at their highest level since 2008.
Latest News
Police said that a woman died while riding the Texas Giant roller coaster at Six Flags over Texas. A woman died yesterday after falling from the Texas Giant roller coaster at the Six Flags Over Texas in the city of Arlington, the theme park officials said in a statement.
After reports of Apple's buyout of HopStop.com, another startup was acquired by the tech giant.
Phone snatching reports have increased in major cities such as London, San Francisco and New York. Increased incidents of phone snatching and thievery in key cities of London, New York and San Francisco prompted the cities' officials to pressure Apple to create a "kill switch".
Amidst the fall of their city, Detroit's sports teams have a positive outlook. Despite the city of Detroit's filing for bankruptcy, the Detroit Red Wings are looking optimistic.
Passengers of Asiana Airlines that crashed while landing on July 6 in San Francisco have filed a petition against Boeing Co.
Apple bought HopStop.com today. HopStop. com, an upstart application, was bought by tech giant Apple today. A spokesperson from Apple confirmed the acquisition, according to Tech Crunch's Anthony Ha.
Fannie and Freddie are not making much progress The revamp of Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FMCC) was not making much, or any, progress.
The Conjuring is set to earn almost US$30 million after a successful first week of showing in the theaters.
Financial firms' physical commodity trading may come to an halt as the Fed reconsiders its policy on this.
