WASHINGTON (AP) — U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs up and that higher prices for consumers may be on the way. The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers— rose 0.9% last month from June, biggest jump …
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Asia Stocks Eye Tepid Open as Prices Halt US Rally: Markets Wrap – Bloomberg.com
Asia Stocks Eye Tepid Open as Prices Halt US Rally: Markets Wrap Bloomberg.com Stocks ease, US yields rise after hot US inflation data shakes confidence in Fed rate cut Reuters Stock Market Today: Dow, Nasdaq Steady After PPI Data Shows Wholesale Inflation Accelerated in July — Live Updates The Wall Street Journal Treasury yields fall as investors weigh July inflation data CNBC US Two-Year, …
Read More »Eli Lilly says it will raise drug prices in Europe to ‘make them lower’ in U.S.
Eli Lilly said Thursday that it would increase the prices of medicines in Europe and other developed markets “in order to make them lower” in the U.S., an apparent response to the Trump administration’s calls to do so. It singled out the list price of its popular weight-loss drug in the U.K. as part of that effort. The announcement is …
Read More »Nvidia GeForce RTX 5090 graphics card prices are dropping, and I love to see it
After six months of outrageously high prices, the cost of buying an Nvidia GeForce RTX 5090 is thankfully now settling down to a much more normal level. It’s still expensive, of course; we never expected this flagship GPU to be a bargain, but the RTX 5090 price has now dropped to its lowest level in the US since January, and …
Read More »Dollar up as US producer prices surge in July – Reuters
Dollar up as US producer prices surge in July Reuters Stock market today: Dow, S&P 500, Nasdaq waver after PPI inflation comes in much hotter than expected Yahoo Finance Businesses have been eating Trump’s tariffs. That’s starting to change CNN US Producer Prices Rise by Most in Three Years on Services Bloomberg.com Hot wholesale prices data puts wrinkle in Fed’s rate-cut roadmap Reuters Source link
Read More »US producer inflation heats up as goods, services prices soar – Reuters
US producer inflation heats up as goods, services prices soar Reuters Wholesale prices rose 0.9% in July, much more than expected CNBC Businesses have been eating Trump’s tariffs. That’s starting to change CNN The Case for Interest-Rate Cuts Is Weak. But Trump Is Still Likely to Get Them. Barron’s Stock Market Today: Dow Drops After Wholesale Inflation Accelerates The Wall Street Journal Source link
Read More »Dollar higher as U.S. producer prices surge in July – Reuters
Dollar higher as U.S. producer prices surge in July Reuters S&P 500 recovers from lows, is flat as traders shake off hot wholesale inflation: Live updates CNBC July PPI: U.S. wholesale prices rose 0.9%, much more than expected upi.com Businesses have been eating Trump’s tariffs. That’s starting to change CNN Inflation shock: Core producer prices hit 3-year high in July in ‘head-scratching’ inflation surge Yahoo …
Read More »U.S. producer prices surge in July as Trump tariffs push costs higher
WASHINGTON (AP) — U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs up and that higher prices for consumers may be on the way. The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers— rose 0.9% last month from June, biggest jump …
Read More »Despite CPI, economists agree higher prices are coming
David Solomon, CEO of Goldman Sachs, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Don’t mess with DJ D-Sol — Goldman Sachs CEO David Solomon’s stage name when he’s rocking the clubs in his other life as a DJ. U.S. President Donald Trump criticized Goldman on Tuesday …
Read More »Companies and investors will need to adapt to the new era of rising clean energy prices – Axios
Companies and investors will need to adapt to the new era of rising clean energy prices Axios What Trump’s solar crackdown could mean for Pennsylvania energy bills 90.5 WESA States look to unleash wind and solar boom while tax credits still exist Canary Media U.S. could lose 60 GW of solar if Trump’s “start of construction” rules tighten pv magazine USA Opinion | The …
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