Economy

Wholesale inflation measure rose 0.1% in July, less than expected

A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve…

Three-year inflation outlook hits record low in New York Fed consumer survey

Consumers grew more confident in July that inflation will be less of a problem in the coming years, according to…

Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets

The Olympic Games are causing a surge in prices, but French consumers aren’t likely to feel its pinch. Mega events…

Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut

Wharton School Professor Jeremy Siegel no longer thinks it’s vital for the Federal Reserve to implement an emergency interest rate…