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Inflation, as measured by the producer price index, shot up to 3.3% for the year ending in July, the Bureau of Labor Statistics reported Thursday — the largest 12 month increase since February. On a ...
WASHINGTON, DC, US — The Consumer Price Index for baked foods and cereal products was unchanged in July, according to the Bureau of Labor Statistics of the US Department of Labor. The index for all ...
The Producer Price Index (PPI) rose by 0.9 percent on the month in July, the U.S. Bureau of Labor Statistics (BLS) said on Thursday, and by 3.3 percent on the year. Both were much higher readings than ...
The latest Producer Price Index, which measures the average change in prices paid to producers, jumped 0.9% from June, ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
Services prices soared 1.1%, the largest gain since March 2022, amid strong increases in machinery and equipment wholesaling, ...
The key equity indices ended higher for the week, snapping a six-week losing streak. Markets rebounded, driven by positive global cues and supportive domestic inflation data. Gains were sustained ...
Income tax refunds expected to go out to Americans early next year will cause a surge in spending that could trigger a new ...
Inflation at wholesale level in the U.S. in July sped up far beyond economist forecasts, calling into question expectations ...