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On a year-over-year basis, the index rose 2.4%. The decline was driven entirely by a sharp drop in prices for services, which fell 0.7% – the largest monthly decrease since records began in 2009.
Crude oil futures traded lower on Wednesday morning after an industry report showed an increase in US inventories for the ...
The major apparel retail and manufacturing firms are cutting their earnings estimates and outlining plans to mitigate the ...
America’s largest trade partner is awaiting word on whether U.S. President Donald Trump will impose punishing tariffs on its ...
Crude oil prices capped their worst monthly drop since November 2021 as fears over a global economic downturn and demand shock as a result of tariffs come as the supply of oil is about to surge ...
US stocks seesawed Tuesday after Treasury Secretary Scott Bessent confirmed that trade talks with China have not started – contradicting President Trump, who added that the US doesn’t “have ...
WASHINGTON (Reuters) -U.S. retail sales dropped more than expected in May, weighed down by a decline in motor vehicle purchases as a rush to beat potential tariff-related price hikes ebbed, but ...
Oil rose on the prospect of a de-escalation in the trade war between the world’s two largest economies and a stall in nuclear talks between the US and Iran. West Texas Intermediate futures added ...
A rare warning from Walmart during a US trade war: Higher prices are inevitable Walmart said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.
Last year, the nation was Intel’s largest market, accounting for 29% of revenue. Micron, a US memory chipmaker, could also get hurt, since some of its chips sold in China are imported from the US.
Oil prices are once again under pressure as supply concerns continue unabated, with a scarcity of bullish catalysts to counteract them. - 142 executive orders and 100 days into the second ...
The US economy contracted in the first quarter as imports surged ahead of Donald Trump's sweeping tariffs.