U.S. wholesale prices came in hotter than expected last month with progress against inflation appearing to have stalled, further undercutting expectations for lower interest rates this year.
The producer price index for final demand rose 0.4% last month after an upwardly revised 0.5% gain in December, the Bureau of Labor Statistics said on Thursday.
Traders on Thursday placed rising but still shy of even odds the Federal Reserve will cut its policy rate in July instead of ...
In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.
The Janus Henderson Absolute Return Income Opportunities Fund returned 1.23% and the FTSE 3-Month U.S. Treasury Bill Index ...
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...
U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts.
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
Consumer prices rose briskly in January, extending a recent pattern of increases at the start of the year that likely derails ...
The president made the announcement following a prisoner swap with Moscow in exchange for Marc Fogel, an American ...
One by one, in public statements and private conversations, Republican lawmakers are beginning to speak up to protect ...
WASHINGTON (AP) — President Donald Trump is taking additional action to upset the world trade system, with plans to sign an ...
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