Wholesale prices rose 0.3% in July, higher than expected
A measure of wholesale prices rose more than expected in July, countering recent trends showing that inflation pressures are easing.…
Stocks making the biggest moves premarket: Six Flags, UBS, IonQ, Archer Aviation and more
Check out the companies making headlines in premarket trading. UBS — Stock in the Swiss bank ticked up 4.6% before…
Biden calls China a ‘ticking time bomb’ over economic troubles
U.S. President Joe Biden on Thursday called China a “ticking time bomb” because of its economic challenges and said the…
Biden embraces July inflation report: ‘That’s Bidenomics’
WASHINGTON — Despite a small rise in inflation last month over June’s rate, President Joe Biden on Thursday insisted that July’s…
July CPI report shows inflation gauge rose 3.2%, less than expected
The consumer price index rose 3.2% from a year ago in July, a sign that inflation has lost at least…
Stocks making the biggest moves premarket: Capri, Tapestry, AppLovin, Disney and more
Check out the companies making headlines before the bell. Capri, Tapestry — Capri soared more than 57%, while Tapestry slid…
Interest rates should stay around 5% for longer — even as inflation falls, top economist Jim O’Neill says
Veteran economist Jim O’Neill says central banks will need to keep interest rates up around 5% across major economies for…
Thursday’s inflation data may be low, but don’t expect the Fed to declare ‘mission accomplished’ yet
Thursday’s consumer price index report likely will show that the pace of price increases is easing, but not enough to…
Stocks making the biggest moves midday: Roblox, Penn Entertainment, Upstart and more
Check out the companies making headlines in midday trading. Roblox — Shares tanked 22% after the online gaming platform fell…
Stocks making the biggest moves after hours: Penn Entertainment, Super Micro Computer, Rivian and more
Check out the companies making headlines after hours. Rivian Automotive — Rivian Automotive dipped about 2.5% in extended trading. The…
