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Inflation stays above Fed's 2% target with core PCE at 3.4% and core CPI at 2.9% in May 2026

Market News
25 Jun 2026
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Neutral
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In May 2026, inflation remained above the Federal Reserve's 2% target, with core Personal Consumption Expenditures (PCE) inflation at 3.4% and core Consumer Price Index (CPI) inflation at 2.9%. The Fed prefers the core PCE as its main inflation gauge due to its lower volatility compared to core CPI. Despite stable interest rates at 3.50%-3.75%, inflation pressures persist, partly due to supply shocks in sectors like energy. The Fed plans to maintain rates in the near term while continuing efforts to achieve price stability.

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Woodward declares $0.32 quarterly dividend payable September 3, 2026.

Woodward declares $0.32 quarterly dividend payable September 3, 2026.

Woodward, Inc. announced a quarterly cash dividend of $0.32 per share, payable on September 3, 2026, to shareholders of record as of August 20, 2026. This dividend reflects the company's ongoing commitment to returning value to shareholders. Woodward...

Company Fundamentals
Bullish
1 hour ago
EShallGo closes $1.479M direct offering to fund AI-driven office tech expansion

EShallGo closes $1.479M direct offering to fund AI-driven office tech expansion

EShallGo Inc., a provider of integrated office technology solutions, completed a $1.479 million registered direct offering by selling 454,968 Class A shares at $3.25 each. The funds will support its growth in AI-enabled enterprise applications launch...

Company Fundamentals
Bullish
1 hour ago
MEDIROM triples deployment of REMONY® health monitoring system in Japan Ground Self-Defense Force 8th Division.

MEDIROM triples deployment of REMONY® health monitoring system in Japan Ground Self-Defense Force 8th Division.

MEDIROM MOTHER Labs has expanded its deployment of the REMONY® remote health monitoring system, equipped with the recharge-free MOTHER Bracelet®, in the Japan Ground Self-Defense Force (JGSDF) 8th Division. The additional order triples the scale of t...

Market News
Bullish
1 hour ago
New community-built playground opens at Chimborazo Elementary, boosting play access for 400+ kids.

New community-built playground opens at Chimborazo Elementary, boosting play access for 400+ kids.

A new playground designed by kids and built by volunteers opened at Chimborazo Elementary School in Richmond, serving over 400 students and the wider community. Funded mainly by the CarMax Foundation and supported by KABOOM!, this project aims to add...

Others
Neutral
1 hour ago
Equinox Gold secures 20-year land access deals for Los Filos mine, plans restart and expansion.

Equinox Gold secures 20-year land access deals for Los Filos mine, plans restart and expansion.

Equinox Gold has signed 20-year land access agreements with the three communities hosting its Los Filos Mine in Mexico, enabling the company to begin restarting heap leach operations and advancing technical studies for potential expansion, including ...

Company Fundamentals
Bullish
1 hour ago
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