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Elite Financial Group

Here’s the inflation breakdown for May 2025 — in one chart

by Elite Financial Group | Jun 11, 2025 | Breaking News

Inflation was tame in May but President Trump’s tariff policy may cause consumer prices to rise noticeably heading into summer, economists said.Read More…

JPMorgan’s Jamie Dimon warns U.S. economy could soon ‘deteriorate’

by Elite Financial Group | Jun 11, 2025 | Breaking News

“Employment will come down a little bit. Inflation will go up a little bit. Hopefully, it’s just a little bit,” Dimon said.Read More…

Tesla gains for a fourth day as Musk sets robotaxi date, Trump tensions cool

by Elite Financial Group | Jun 11, 2025 | Breaking News

Tesla shares rallied for a fourth straight session as the spat between CEO Elon Musk and President Donald Trump showed signs of a cooldown.Read More…

Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates

by Elite Financial Group | Jun 11, 2025 | Breaking News

President Donald Trump and Vice President JD Vance are now double-teaming the Fed in an effort to get lower interest rates.Read More…

Trump says China will supply rare earths in ‘done’ deal

by Elite Financial Group | Jun 11, 2025 | Breaking News

U.S. President Donald Trump said full magnets and “any necessary rare earths” will be supplied up front by China as part of a trade agreement.Read More…

U.S. inflation rises 0.1% in May from prior month, less than expected

by Elite Financial Group | Jun 11, 2025 | Breaking News

The consumer price index was expected to rise 0.2% in May, with a 12-month inflation rate of 2.4%.Read More…
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