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 ...
Inflation is dropping but these prices are still soaring
It's normal for some prices to rise at a much faster pace than overall inflation, said Omar Sharif, founder and president of ...
Retail sales slow in April after a spending splurge as Americans sought to front-run tariffs
U.S. consumers spent slightly more at retail stores last month after ramping up their shopping in March to get ahead of ...
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 ...