Economy

Wholesale prices fell 0.5% in October for biggest monthly drop since April 2020

Wholesale prices in October posted their biggest decline in 3½ years, providing another indication that the worst of the inflation…

Here’s the inflation breakdown for October 2023 — in one chart

Inflation declined in October, continuing a broad slowdown as gasoline prices retreated during the month. However, price pressures remain under…

Inflation was flat in October from the prior month, core CPI hits two-year low

Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their…

UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession

UBS expects the U.S. Federal Reserve to cut interest rates by as much as 275 basis points in 2024, almost…

U.S.-China relations are now more about crisis prevention

BEIJING — After another rocky year of U.S.-China tensions, the two countries’ presidents are set to meet this week in…