Wholesale prices rose 0.7% in February, much more than expected and up 3.4% annually
Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy prices.
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Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so
Bessent addressed rumors that the Treasury Department or some other arm of government might step in to try to lower oil prices.
Industriya
Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so
Bessent addressed rumors that the Treasury Department or some other arm of government might step in to try to lower oil prices.
Industriya
Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
Industriya
Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
Industriya
U.S. deficit tops $1 trillion through February but runs below year-ago pace
For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025.
Industriya
U.S. deficit tops $1 trillion through February but runs below year-ago pace
For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025.
Industriya
U.S. deficit tops $1 trillion through February but runs below year-ago pace
For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025.
Industriya
Consumer prices rose 2.4% annually in February, as expected
The consumer price index in February was expected to show a 2.4% increase from a year ago, according to the Dow Jones consensus.
Industriya
Kevin Warsh faces an economic 'perfect storm' as he waits to take over as Fed chair
Warsh faces a potential buzzsaw in the form of a Hobson's choice between fighting inflation and supporting the labor market.
Industriya
Kevin Warsh faces an economic 'perfect storm' as he waits to take over as Fed chair
Warsh faces a potential buzzsaw in the form of a Hobson's choice between fighting inflation and supporting the labor market.
Industriya
Kevin Warsh faces an economic 'perfect storm' as he waits to take over as Fed chair
Warsh faces a potential buzzsaw in the form of a Hobson's choice between fighting inflation and supporting the labor market.
Industriya
Iran War: Oil prices fall after Trump warns Tehran over Strait of Hormuz
The oil price reached nearly $120 a barrel on Monday over fears of lengthy disruption to supplies.
Industriya
Fears of 1970s-style stagflation arise with oil spike to $100. How big a threat is it？
High inflation and slow growth present a double threat, as measures like interest rate cuts and government spending only aggravate inflation.
Industriya
Oil prices jump above $100 for first time in four years
Iranian oil facilities were hit as the US and Israel launched a fresh wave of airstrikes at the weekend.
Industriya
One year after Trump‘s sovereignty threats, Canadians keep ’elbows up
An unusual swell of Canadian patriotism seen after Trump's threats and tariffs last year has evolved into a new social and economic order.
Industriya
One year after Trump‘s sovereignty threats, Canadians keep ’elbows up
An unusual swell of Canadian patriotism seen after Trump's threats and tariffs last year has evolved into a new social and economic order.
Industriya
San Francisco Fed's Daly says jobs report complicates interest rate call
Daly told CNBC on Friday that the weak February jobs report adds to a difficult policymaking environment.
Industriya
San Francisco Fed's Daly says jobs report complicates interest rate call
Daly told CNBC on Friday that the weak February jobs report adds to a difficult policymaking environment.
Industriya
San Francisco Fed's Daly says jobs report complicates interest rate call
Daly told CNBC on Friday that the weak February jobs report adds to a difficult policymaking environment.
Industriya