News

US wholesale inflation remained fairly tame in April
The Producer Price Index, a closely watched measurement of wholesale inflation, showed Thursday that the prices paid to US producers dropped 0.5% in April from the month before, a much softer reading ...
US inflation slows unexpectedly to 2.3% in April
The Consumer Price Index jumped 2.3% in April from the year before, below March’s 2.4% increase, the Bureau of Labor ...
Lower food prices tame US consumer inflation in April, tariffs squeeze awaited
U.S. consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the ...
Fast-food restaurants are still in decline: April traffic slips and McDonald’s, Chipotle sales slump in Q1
According to a new report, fast-food figures have continued to drop in 2025 as consumers battle price inflation and broader ...
US Fed Meeting Highlights: Federal Reserve keeps interest rates ‘unchanged’ at 4.25-4.50% as inflation risk persists
The US Fed decided to keep the key benchmark interest rates unchanged at the range of 4.25% to 4.5% on Wednesday, May 7.