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Wholesale inflation in June, as measured by the producer-price index, surprised to the downside “as lower hotel rates and airfares offset tariff effects,” according to Comerica Bank’s chief economist, ...
The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected inflation to hold steady. The decision by Bank Indonesia to cut rates ...
Tariffs could stoke more inflation depending on how high they are raised and how long they are kept in place. Yet many economists and top Fed officials now believe the effect on inflation is likely to ...
Wall Street digested a surprisingly cool wholesale inflation reading and more big bank earnings, with one eye on Trump's latest tariff moves.
Wall Street is muted on Monday as investors prepare for a packed week of bank earnings and key economic reports.
U.S. stocks were rising on Wednesday morning after economic data showed wholesale inflation, as measured by the producer-price index, remained unchanged in June, pointing to a muted effect of tariffs.
PepsiCo jumped 7.5% after delivering revenue and profit that topped Wall Street's expectations. The drink and snack giant ...
US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch.
So far, the impact of President Donald Trump's campaign of steep tariffs against U.S. trading partners has been difficult to spot in hard economic data, but that may be about to change.
Trump’s tariffs and the trade war continue to roil global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Johnson & Johnson rose 1.8% after the drug and medical device giant beat analysts' sales and profit targets and raised its full-year outlook on both. J&J said it expects “game-changing approvals and ...
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