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U.S. stocks opened moderately higher on Wednesday, boosted by a tamer-than-expected inflation reading and blowout quarterly ...
Surging U.S. electricity and natural gas prices are expected to affect the cost of living. AI data centers are driving demand ...
U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher ...
Up until June, inflation had been on the decline. But the president's tariffs are having the effect that economists said they ...
The slight uptick in CPI inflation gives the Federal Reserve all the more reason to hold on until its September meeting to cut the federal funds rate.
The Consumer Price Index reveals prices grew faster in June than in May. The annual inflation rate ticked up to 2.7%, the ...
The June index for bread was 240.3, up 0.1% from May but down 0.2% from a year ago. Under this heading, the CPI for white bread was 432.1, up 0.5% from May but down 0.4% from June 2024. For bread ...
On Tuesday, the Dow Jones Industrial Average dropped 0.98%, mainly because of worries about rising US inflation and mixed earnings reports from big banks.
US wholesale inflation remained unchanged in June, contrary to concerns that President Trump's tariffs might increase goods ...
The CPI was forecast to rise 2.7% last month, higher than last month's rate of 2.4%, according to economists polled by financial data firm FactSet. June's reading ...
President Donald Trump is defending his escalating tariff strategy—even as American consumers begin to feel the pinch. Trump ...
The unchanged reading in the producer price index for final demand last month followed an upwardly revised 0.3% rise in May, the Labor Department's Bureau of Labor Statistics said on Wednesday.
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