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CNBC anchor Rick Santelli flipped his lid over higher-than-expected inflation numbers, a blow to Trump's crusade for an interest rate reduction.
7mon MSN
US market today: S&P 500, Nasdaq slip from peaks; Dow down 104 points after hot inflation data
Wall Street experienced a downturn as wholesale inflation exceeded expectations, diminishing hopes for imminent interest rate ...
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...
Wholesale prices rose far more than expected in July, providing a potential sign that inflation is still a threat to the U.S. economy, a Bureau of Labor Statistics report Thursday showed.
Wall Street is edging back from its record heights after a disappointing report said inflation was worse last month.
However, the Pikes said the significant increase in some ingredients and products essential to making authentic Filipino barbecue and signature dishes has resulted in raising prices for customers by ...
21m
Investor's Business Daily on MSNStock Market Today: Dow Jones Slides On Hot PPI Inflation Report; AI Stock Coherent Plunges On Earnings (Live Coverage)
Shares of Advance Auto Parts declined 1.7% in morning trading, while Birkenstock lost 2%. Cisco stock sold off 1.4%, as Coherent plunged 19%. Deere stock tumbled 5%. JD.com shares moved up modestly ...
Wholesale prices increased in July at the quickest pace since February as economists are keeping a sharp eye on inflation data amid President Trump’s trade war. The 0.9-percent monthly increase — ...
U.S. wholesale inflation surged unexpectedly last month as President Donald Trump’s sweeping taxes on imports are pushing ...
The Producer Price Index (PPI) rose by 0.9 percent on the month in July, the U.S. Bureau of Labor Statistics (BLS) said on Thursday, and by 3.3 percent on the year. Both were much higher readings than ...
Canada's main stock index edged down on Thursday, led by declines in industrials and technology shares, as ...
US producer price inflation bounced in July to its highest reading since 2022, government data showed Thursday, with an uptick in services costs exceeding that in goods, as policymakers seek to gauge ...
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