|
US wholesale inflation rose sharply last month as Iran oil shock continues to drive up business costs CNN'The die has been cast': Trump allies fear it's too late to reverse economic woes PoliticoWholesale prices see biggest spike since 2022 as energy costs climb CBS NewsWholesale prices rose 1.1% in May, more than expected, on surge in energy CNBC
| RELATED ARTICLES | | |
|
US producer prices spike in May as soaring energy prices fuel largest yearly jump since 2022 AP News‘The die has been cast': Trump allies fear it's too late to reverse economic woes PoliticoTrump says ‘I love the inflation' as Iran war pushes prices higher Honolulu Star-AdvertiserWholesale prices rose 1.1% in May, more than expected, on surge in energy CNBC
|
|
The World Bank says that the war is slashing global growth prospects and that a prolonged conflict could tip dozens of developing nations into years of stagnation.
|
|
The European Central Bank also raised its inflation forecasts and cut its growth outlook.
|
|
The European Central Bank, in hiking interest rates on Thursday for the first time since 2023, is making a choice the Federal Reserve is not: to increase rates into a supply shock.
|
|
Multiple Pentagon floors on lockdown due to 'hazardous materials' BBCHazardous materials incident at Pentagon causes Hazmat, big police response WUSA9Pentagon lockdown and evacuation was due to a false alarm, sources say CNNPentagon under shelter-in-place order over ‘air quality issue' MS NOWPentagon locks down over "hazardous materials incident" Axios
|
|
Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, today announced the sale of NSI Industries, a leading manufacturer and supplier of branded electrical products, to Hubbell Incorporated for $3.0 billion. Sentinel acquired NSI in November 2024. NSI is a category-leading provider of more than 15,000 branded replenishment electrical power components […]
The post Deal Roundup: Sentinel announces sale of NSI Industries, Platte River Equity teams with Tallman appeared first on AltAssets Private Equity News.
|
|
3IF Ventures, an impact venture capital fund dedicated to Africa's insurance start-up market, has made its first close of its III Fund at $12m. According to AfricaGlobalFunds, the Inclusive Insurance Fund is co-anchored by FSD Africa Investments and ZEP-RE, and will provide equity financing from pre-seed to Series B stages for early-stage InsurTech businesses […]
The post 3IF Ventures concludes first tranche of African Inclusive Insurance Fund at $12m appeared first on AltAssets Private Equity News.
|
|