Import prices post surprise gain as costs of goods from China hit highest since 2008
Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.
Industry
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Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline
As with consumer prices, the index benefited from easing energy costs, particularly as oil fell due to the brief pause in tensions between the U.S. and Iran.
Industry
Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline
As with consumer prices, the index benefited from easing energy costs, particularly as oil fell due to the brief pause in tensions between the U.S. and Iran.
Industry
Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook
Several consecutive days of strikes exchanged between the U.S. and Iran have cast uncertainty on the European Central Bank's interest rate decision next week.
Industry
India's inflation accelerates to 4.38% in June, exceeding forecasts
Inflation has risen for the eighth straight month in India, as food and energy prices rise due to the Iran war and deficient rainfall.
Industry
India's inflation accelerates to 4.38% in June, exceeding forecasts
Inflation has risen for the eighth straight month in India, as food and energy prices rise due to the Iran war and deficient rainfall.
Industry
India's inflation accelerates to 4.38% in June, exceeding forecasts
Inflation has risen for the eighth straight month in India, as food and energy prices rise due to the Iran war and deficient rainfall.
Industry
'Funflation' hits home: Why staying in isn't the cost-saver it used to be
Following a wave of price hikes, at-home pastimes like streaming movies or playing video games are pinching pocketbooks.
Industry
'Funflation' hits home: Why staying in isn't the cost-saver it used to be
Following a wave of price hikes, at-home pastimes like streaming movies or playing video games are pinching pocketbooks.
Industry
SK Hynix: South Korean chip giant raises $26.5bn in US share sale
The shares are set to start trading on the Nasdaq on Friday in what will be the largest ever debut by a foreign firm.
Industry
World Cup could boost the June jobs report by 40,000, Goldman estimates
Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus.
Industry
World Cup could boost the June jobs report by 40,000, Goldman estimates
Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus.
Industry
Private payrolls rose by 98,000 in June, less than expected, ADP reports
Companies added slightly fewer workers than forecast, with hiring targeted heavily toward healthcare-related sectors.
Industry
Private payrolls rose by 98,000 in June, less than expected, ADP reports
Companies added slightly fewer workers than forecast, with hiring targeted heavily toward healthcare-related sectors.
Industry
Core inflation rate hit 3.4% in May, highest since October 2023, Feds preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
Industry
Core inflation rate hit 3.4% in May, highest since October 2023, Feds preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
Industry
Trump pledges rapid U.S. response for Venezuela after historic earthquakes kill hundreds
The swift U.S. offer of assistance reflects a degree of diplomatic realignment between the Trump administration and the Venezuelan interim government.
Industry
Oil price falls to levels not seen since before Iran war
Energy prices have been on a wild ride since Iran responded to US and Israeli attacks by effectively closing the Strait of Hormuz.
Industry
Factory job cuts in June neared financial crisis and Covid levels, S&P says
Though the firm's manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.
Industry
Factory job cuts in June neared financial crisis and Covid levels, S&P says
Though the firm's manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.
Industry
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