Susan Li: U.S. inflation drops to 3.5 percent in June

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U.S. inflation falls to 3.5 percent

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Susan Li: U.S. inflation drops to 3.5 percent in June — U.S. inflation falls to 3.5 percent

Susan Li reports that U.S. inflation fell sharply to 3.5 percent in June, attributed to lower oil prices.

The reported figure is well below estimates of 3.8 percent and marks a significant decrease from the three-year high of 4.2 percent recorded in May.

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Susan Li has recently highlighted other notable market developments. She reported that Apple filed a lawsuit against OpenAI and a company executive over alleged trade secret theft. In a separate article, Li noted that Apple increased MacBook and iPad prices by up to 25 percent.

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