Indexes dropped after wholesale inflation data. Adobe's sharp decline after earnings weighed on the Nasdaq, while Nvidia and ...
The Labor Department reported Dec. 12 that its producer price index — which tracks inflation before it reaches consumers — ...
As for the main indexes, the Dow Jones Industrial Average gave back 0.5% to 43,914 – its fifth straight loss. The S&P 500 ...
One Wall Street firm is diverging from the pack by taking incoming President Donald Trump at his word on tariff proposals: It now sees the likelihood of a "permanent shock" to U.S. consumer prices and ...
In other data released on Thursday, initial jobless claims jumped 17,000 to a two-month high of 242,000 for the week that ended on Dec. 7. Meanwhile, the Treasury's $22 billion sale of 30-year bonds ...
A rise in food prices makes for a less than merry holiday season. Grocery prices rose 0.4% in November, according to the ...
Inflation , as measured by the producer price index, rose four-tenths of a percentage point to 3% for the year ending in November, the Bureau of Labor Statistics reported Thursday.
Major U.S. banks will have to put a limit on overdraft fees, according to a final rule from the Consumer Financial Protection ...
Major US equity averages fell on Thursday as investors assessed a hotter-than-expected producer price index reading for ...
Higher food prices pushed up the November wholesale inflation reading, which came in hotter than economists had expected. Surging prices of fruits, vegetables and eggs drove wholesale food costs up ...
“The index for shelter rose 0.3% in November, accounting for nearly forty percent of the monthly all items increase,” BLS ...
November wholesale inflation jumped unexpectedly, driven up by higher food prices, especially a more-than 54% jump in the price of eggs. But that shouldn't alter the Fed's plan to cut rates.