 "NYSE")
US consumer prices climb at the fastest pace since 2008
US stocks rose on Thursday, with the S&P 500 hitting a record high, as investors doubted whether a spike in May consumer prices would spur early policy tightening by the Federal Reserve.
The Labor Department said its consumer price index increased 0.6% last month after surging 0.8% in April. In the 12 months through May, CPI accelerated 5.0% in its biggest year-on-year increase since August 2008. READ MORE.
Delta variant 'poised to take hold' in Europe, warns WHO
The World Health Organisation's Europe director warned that the highly transmissible COVID-19 variant first identified
