Wholesale prices unexpectedly fell 0.2% in May
A measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back. The…
Treasury Secretary Yellen says U.S. debt load is in ‘reasonable place’ if it remains at this level
Treasury Secretary Janet Yellen on Thursday said the swelling national debt is manageable as long as it stays around where…
Inflation slows in May, with consumer prices up 3.3% from a year ago
The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy,…
UK GDP flatlines as PM Sunak pins election campaign on economy
LONDON — U.K. economic growth ground to a halt in April, according to flash figures published on Wednesday, stalling the…
Fed meeting and inflation report both hit Wednesday, and the impact could be huge
Wednesday is shaping up to be one of the most important days of the year for economic news, as investors…
Baltimore key shipping channel fully reopens after Francis Scott Key Bridge collapse
The main passageway into the Baltimore port was fully restored after the March 26 collapse of the Francis Scott Key…
Market backs off on hopes for interest rate cuts following strong jobs report
May’s surprising pace of job growth and wage rise added to the conviction that the Federal Reserve will stay on…
Jobless rates rise in May for all racial groups except white Americans
The unemployment rate for white Americans held steady from April to May, bucking the trend for all other racial groups,…
Here’s where the jobs are for May 2024 — in one chart
Job growth in May was surprisingly strong, pushing back on lingering fears of a broader economic slowdown and likely slowing…
Cut off from the West, Putin says almost 40% of Russian trade turnover is now in rubles
Russian President Vladimir Putin said Friday that nearly 40% of the country’s trade turnover is now in rubles as the…
