Energy prices fueled another surge in April, according to a new report from the Department of Labor.
The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.
The producer price index for total final demand rose 1.4% in April, compared with a revised 0.7% monthly advance in March.
Wall Street is drifting in mixed trading on Wednesday after another discouraging update on inflation and a recovery for ...
Rising gasoline prices pushed inflation to its highest level in almost three years in April. Consumer prices were up 3.8% ...
April inflation data is widely expected to show it has risen to a nearly 3-year high when the Consumer Price Index is ...
U.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher.
Social Security beneficiaries may see a larger cost of living adjustment in 2027, with estimates predicting a 3.9% COLA amid ...
Morgan Stanley's top US economist said a "trifecta" of inflationary pressures could cause price increases to peak in May or ...
The struggles of Iran's economy are testing its ability to withstand the war and defy Washington’s demands.