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The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
Domestic producers are “raising prices in line with the protection tariffs are providing them,” said a construction economist ...
Wall Street edges up as investors eye Fed rate cut despite July inflation jump, mixed retail sales and falling consumer sentiment.
US stock futures hovered around the flatline as Wall Street awaited another pulse check on inflation after Tuesday's tepid ...
The consumer price index, a main gauge of inflation, climbed 0.4 percent in July compared with the previous month, reversing a 0.1 percent drop in June and exceeding the average seasonal pace of 0.3 ...