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U.S. Treasury securities sold off sending yields higher Thursday after a hotter-than-expected wholesale-price report promised to push the Fed’s preferred PCE inflation gauge higher in July.
A stronger-than-anticipated inflation reading reminded investors that Bitcoin remains a highly volatile asset just hours ...
Investors were selling Treasurys on Thursday after a hot report of wholesale-price inflation for July, with rising yields ...
WASHINGTON (AP) — The U.S. budget deficit in July climbed 20% this fiscal year compared to the last despite the U.S. taking in record income from President Donald Trump’s tariffs, according to ...
“Core” producer prices, which exclude volatile food and energy costs, also rose 0.9% from last month — the highest jump since March of 2022. Year-to-year, core prices increased 3.7% after coming in at ...
CEOs expect inflation to slow, according to Cleveland Fed survey, but PPI jumps and PNC ups predicted interest rate cuts from ...
Wall Street's main indexes eased on Thursday, after a hotter-than-expected producer prices report dampened investor ...
Here's what new data from the producer price index says about where inflation is headed, according to economists.
The number of Americans filing for jobless benefits fell modestly last week, remaining in the historically low range since the U.S. economy emerged from the COVID-19 pandemic.
The "lock-in effect" continues to prevent homeowners from listing their homes, because they are unwilling to part with their ...
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
US producer price inflation bounced in July to its highest reading since 2022, government data showed Thursday, with an uptick in services costs exceeding that in goods, as policymakers seek to gauge ...