US producer prices holds at 2.6% in May; wholesale prices rose 0.1% from April, ... Energy prices were flat overall, although gasoline rose 1.6% following a decline the previous month.

Producer prices rose 0.1% from April to May after dropping 0.2% the month before. Excluding volatile food and energy prices, wholesale costs were up 0.1% from April and 3% from May 2024.

At mid-year the grain markets typically are focused on the winter wheat harvest and weather during the summer growing season.

This is an audio transcript of the Unhedged podcast episode: ‘Can anything stop the US economy?’ Robert Armstrong Inflation, high interest rates, an AI bubble, bad sentiment, tariffs, a lousy housing ...

Oil prices fell sharply on Tuesday morning after reports of a ceasefire agreement between Israel and Iran eased fears of a ...