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Analysts anticipate the Fed to cut rates in September but wholesale prices rose much more than expected in July.
U.S. wholesale prices rose 0.9% in July, the biggest gain in 3 years, as Trump’s tariffs drive up costs and signal higher ...
Wall Street is edging back from its record heights after a disappointing report said inflation was worse last month.
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Daily Times on MSNMost Gulf shares rise on Fed rate cut hopes; corporate earnings mixed
Most stock markets in the Gulf tracked global equities higher in early trade on Thursday, after benign U.S. inflation data ...
On a year-over-year basis, headline PPI increased 3.3%, marking the steepest annual rise since February and remaining above the Fed’s 2% inflation target. The report attributed much of the upward ...
U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The biggest cryptocurrencies in the world dipped sharply Thursday after the latest inflation data showed wholesale prices are rising much faster than expected. The price of Bitcoin is down 3.8% on the ...
Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
It’s going to take another two to three quarters for tariffs to play through” the inflation data, Kansas City Federal Reserve ...
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