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Dollar falls after CPI, Fed meeting; PPI release due
Investing.com via Yahoo Finance· 17 hours agoBefore paring some of these losses when the Federal Reserve left the funds rate on hold at 5.25%-5.5% and detailing that policymakers' median projection for the number of cuts this year fell ...
Another positive sign for consumers: Wholesale inflation ticked down last month
CNN Business via Yahoo Finance· 7 hours agoEconomists were expecting to see a larger acceleration of 2.5%. On a monthly basis, core inflation...
May PCE Expected to Cool After Downside Inflation Surprises
Barrons.com· 4 hours agoMay's PCE inflation is increasingly looking very soft. "Today's downside surprise in the May PPI...
Dow Jones Slides After Inflation Data, Jobless Claims; Tesla Surges On Elon Musk Tweet
Investor's Business Daily· 7 hours agoThe PPI was expected to climb 0.1% in May, with an annual increase of 2.5%. Core wholesale inflation...
Declining May Wholesale Inflation Shows More Easing of Price Pressures
Investopedia· 14 hours agoCensus Bureau data showed the Producer Price Index (PPI) for May dropped 0.2% when compared with...
Tech Powers Stocks as Adobe Surges in Late Trading: Markets Wrap
Bloomberg via Yahoo Finance· 36 minutes ago(Bloomberg) -- Stocks closed at a fresh all-time high as tech rallied, with Treasury yields sinking...
Pittsburgh-based PPi Automotive acquired by Cleveland firm - Pittsburgh Business Times
The Business Journals· 3 days agoFor 50 years, PPi Automotive — short for Professional Parts Inc. — has served the Pittsburgh region...
Stock Market Today: Stocks higher as inflation, jobs data supports rate cut bets
TheStreet via Yahoo Finance· 11 hours ago...another 5 basis points to 4.251% following the data releases, while 2-year notes slipped to...
Producer Inflation Rise Less Than Expected, Jobless Claims Soar: Thursday's Economic Digest -...
Benzinga· 9 hours agoInflation for U.S. producers rose less than expected in May, while jobless claims increased. Market...
Wholesale prices unexpectedly fell 0.2% in May
CNBC· 9 hours agoA measure of wholesale prices unexpectedly decreased in May, adding another piece of evidence that inflation is pulling back. The producer price index, a...