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World shares are mixed ahead of a key meeting between U.S. President Donald Trump and Russian leader Vladimir Putin at the week's end.
Here's what new data from the producer price index says about where inflation is headed, according to economists.
Investing.com-- Bitcoin hit a record high on Thursday, surpassing $124,400 for the first time ever, but then retreated ...
Global stocks retreated from record highs on Thursday while U.S. Treasury yields rose after market expectations for an ...
The Labor Department reported that its producer price index was up 0.9% last month from June and 3.3% from a year earlier.
Trump has repeatedly lambasted Federal Reserve Chair Jerome Powell (who’s a banker, not an economist) for refusing to cut ...
The July Producer Price Index rose 0.9% M/M, miles ahead of the 0.2% increase expected and June's unrevised flat reading.
Gold prices fell on Thursday as hotter-than-expected U.S. inflation data and a drop in jobless claims lifted the dollar and Treasury yields, trimming the odds of a supersized September rate cut. Spot ...
Inflation, as measured by the producer price index, shot up to 3.3% for the year ending in July, the Bureau of Labor Statistics reported Thursday — the largest 12 month increase since February. On a ...
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
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