In the 12 months through August, import prices increased 0.8 per cent after advancing 1.7 per cent in July. The US central bank is expected to kick off its long-awaited easing cycle next Wednesday ...

Import prices fell 0.3% last month, the largest decline since December 2023, after an unrevised 0.1% gain in July, the Labor Department's Bureau of Labor Statistics said in a separate report.

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.

The major apparel retail and manufacturing firms are cutting their earnings estimates and outlining plans to mitigate the ...

In a sign of weak demand, imports to China fell 3.4% in May from the year before – a far drop from the 0.2% dip the month before and much worse than expectations.

Crude oil futures traded lower on Wednesday morning after an industry report showed an increase in US inventories for the ...

America’s largest trade partner is awaiting word on whether U.S. President Donald Trump will impose punishing tariffs on its ...

Beef prices in the U.S. are nearing record levels, driven by supply challenges and rising costs across most food categories. According to data from the Federal Reserve Bank of St. Louis, the ...

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 ...