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Bitcoin peeled back from its fresh all-time high after a shocking US inflation report caught traders off guard.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
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Axios on MSNVeggie-flation strikes, with a warning for grocery prices
Axios Visuals The U.S. economy has a vegetable problem, and it's not just "broccoli refusal" either — wholesale prices for fresh veggies soared by a record amount last month, foreshadowing a possible ...
Fixed mortgage rates fell for the second week in a row as markets bet on a September rate cut. The 30-year fixed-rate ...
Fraud Unraveled: In mid-2023, an internal audit uncovered that over $3–4 billion in LOCs supposedly backing reinsurance deals ...
A hotter-than-expected wholesale inflation report just made the Federal Reserve’s decision regarding a September rate cut ...
Namibia’s central bank sees benefits to adopting a lower inflation target proposed by the South African Reserve Bank, its ...
U.S. producer prices increased by the most in three years in July amid a surge in the costs of goods and services, suggesting ...
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...
The Bureau of Labor Statistics reported Tuesday that the Consumer Price Index for food-at-home fell 0.1% in July, but FMI-The Food Industry Association said shoppers remain highly price-conscious, ...
Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
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