One Wall Street firm is diverging from the pack by taking incoming President Donald Trump at his word on tariff proposals: It now sees the likelihood of a "permanent shock" to U.S. consumer prices and ...
In other data released on Thursday, initial jobless claims jumped 17,000 to a two-month high of 242,000 for the week that ended on Dec. 7. Meanwhile, the Treasury's $22 billion sale of 30-year bonds ...
Inflation , as measured by the producer price index, rose four-tenths of a percentage point to 3% for the year ending in November, the Bureau of Labor Statistics reported Thursday.
Major US equity averages fell on Thursday as investors assessed a hotter-than-expected producer price index reading for ...
Higher food prices pushed up the November wholesale inflation reading, which came in hotter than economists had expected. Surging prices of fruits, vegetables and eggs drove wholesale food costs up ...
“The index for shelter rose 0.3% in November, accounting for nearly forty percent of the monthly all items increase,” BLS ...
November wholesale inflation jumped unexpectedly, driven up by higher food prices, especially a more-than 54% jump in the price of eggs. But that shouldn't alter the Fed's plan to cut rates.
What? You’re a builder who’s short on nails? Well, bring in some folks from Japan… they don’t necessarily need them. Of the ...
The food index, a measure of inflation, increased during November, rising 0.4% as the food-at-home index increased 0.5% and ...
Wholesale prices grew twice as fast as Wall Street predicted, according to a new report from the Bureau of Labor Statistics ...
Indexes dipped slightly on Thursday, with the Nasdaq pulling back from records. A slightly hot PPI report didn't derail the ...