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Inflation, as measured by the producer price index, shot up to 3.3% for the year ending in July, the Bureau of Labor Statistics reported Thursday — the largest 12-month increase since February. On a ...
Wholesale prices increased in July at the quickest pace since February as economists are keeping a sharp eye on inflation data amid President Trump’s trade war. The 0.9-percent monthly increase — ...
U.S. wholesale inflation surged unexpectedly last month as President Donald Trump’s sweeping taxes on imports are pushing ...
Here’s a letter from a weary Moneyist reader in the aftermath of the latest inflation data: “I’m confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...
The rate-sensitive U.S. 2 Year Treasury yield (US2Y) jumped up on Thursday, as it reacted sharply to the hotter-than-expected ...
The Producer Price Index (PPI) rose by 0.9 percent on the month in July, the U.S. Bureau of Labor Statistics (BLS) said on Thursday, and by 3.3 percent on the year. Both were much higher readings than ...
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 ...
US producer price inflation bounced in July to its highest reading since 2022, government data showed Thursday, with an uptick in services costs exceeding that in goods, as policymakers seek to gauge ...
The dollar rises after data showed wholesale inflation accelerated more than expected in July. The producer price index rose 0.9% month-on-month in July, above the 0.2% rise forecast by economists in ...
Hot PPI data released on Thursday morning led to a pullback in stock-market futures as wholesale prices rose 0.9% in July, ...
This article will be updated throughout the day, so check back often for more daily updates. Two days ago, news that US ...
Inflation at wholesale level in the U.S. in July sped up far beyond economist forecasts, calling into question expectations ...