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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 ...
Wall Street braced for another inflation checkup after Tuesday's consumer price reading spurred traders to pare bets on Fed rate cuts in the coming months.
Wholesale prices were unchanged in June and showed only a mild effect from U.S. tariffs, adding to the growing view that trade wars won't lead to a big surge in inflation. The flat reading in the ...
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.
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.
PepsiCo jumped 7.5% after delivering revenue and profit that topped Wall Street's expectations. The drink and snack giant ...
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.
President Donald Trump in recent days slapped tariffs as high as 50% on dozens of countries, restoring the type of aggressive ...