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The Nexus
BUSINESSJun 25 · 14:39 UTCBATON ROUGE BUSINESS REPORTSheridan White

Roundup: Apple raises prices / Inflation / Fewer jobless claims

Apple has raised prices on several Mac and iPad models due to surging memory and storage chip costs driven by AI data center demand and supply shortages. U.S. inflation reached a three-year high in May at 4.1%, fueled by energy costs and geopolitical tensions, while new jobless claims fell to 215,000, indicating a resilient but mixed labor market.

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