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Wholesale inflation in June, as measured by the producer-price index, surprised to the downside “as lower hotel rates and airfares offset tariff effects,” according to Comerica Bank’s chief economist, ...
Wall Street is muted on Monday as investors prepare for a packed week of bank earnings and key economic reports.
U.S. stocks were rising on Wednesday morning after economic data showed wholesale inflation, as measured by the producer-price index, remained unchanged in June, pointing to a muted effect of tariffs.
The CNN Money Fear and Greed index fell, with the Dow Jones dropping 400 points. Nvidia and other tech stocks saw a surge.
US inflation heated back up in June, rising to its highest level in four months, as price increases — including those from tariffs — packed a bigger punch.
So far, the impact of President Donald Trump's campaign of steep tariffs against U.S. trading partners has been difficult to spot in hard economic data, but that may be about to change.
PepsiCo jumped 7.5% after delivering revenue and profit that topped Wall Street's expectations. The drink and snack giant ...
Investors digested the latest Federal Reserve interest rate decision amid ongoing Israel-Iran hostilities that could draw in the US.
President Donald Trump in recent days slapped tariffs as high as 50% on dozens of countries, restoring the type of aggressive trade policy that sent stocks plummeting a few months ago. The new round ...
Last week, the Trump administration announced that it reached a deal with Vietnam that would allow U.S. goods to enter the ...
Most U.S. stocks slumped on Tuesday after the latest update on inflation hurt Wall Street’s hopes for lower interest ...
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