Global Financial Update: US CPI Surges, EU Probes Chinese EV Makers, and BP CEO Resigns”

When is the 13 September 2023? The United States Consumer Price Index (CPI) for August has surpassed expectations, rising to 3.7% year-on-year, outpacing the projected rate of 3.6%. This indicates a higher-than-anticipated increase in prices, reflecting the ongoing inflationary pressures in the US economy. In other global news, China’s electric vehicle (EV) makers are under … Continue reading Global Financial Update: US CPI Surges, EU Probes Chinese EV Makers, and BP CEO Resigns”