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Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
Most stocks are falling on Wall Street after a disappointing report said inflation was worse last month at the U.S. wholesale ...
The inflation shock looked set to sap the enthusiasm of a roaring market this week. Stocks extended their rally Wednesday, pushing the S&P 500 and Nasdaq to consecutive record hig ...
U.S. producer prices increased by the most in three years in July amid a surge in the costs of goods and services, suggesting a broad pickup in inflation was imminent, potentially jeopardizing an ...
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US stocks dip after disappointing inflation data dents hopes for coming cuts to interest rates
Wall Street is edging back from its record heights after a disappointing report said inflation was worse last month.
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
Bitcoin was down by more than 3% at below $119,000 Thursday morning, following the release of a hotter-than-expected producer ...
The Treasury Secretary insists he's not issuing orders, but he reiterated the math for a neutral rate points to a 150-basis ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Just over six months into the second Trump administration, the White House has declared it is delivering on its promise to ...
The S&P 500 and Nasdaq faced a setback, moving away from record highs. This happened after a report showed that producer ...
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