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A separate report from the Labor Department's Bureau of Labor Statistics showed the producer price index for final demand rose 0.1% in May after a revised 0.2% decline in April.
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Investor's Business Daily on MSNStock Market Today: Indexes Fall After Trump-China Deal As Inflation Data Looms; Tesla Falters Amid Musk's Caution (Live Coverage)The Dow Jones dropped Wednesday on Trump China news and cool inflation data. Tesla rallied on the stock market today.
US producer price inflation remained muted in May across the board, another sign that tariffs have yet to result in higher prices for consumers and businesses.
Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...
Wall Street economists largely agree that annual headline inflation will stay above 2.4%, keeping it above the Fed's 2% threshold for rate cuts—a trend many link to the tariff-driven spike in April.
Federal government staffing shortages from Trump administration hiring freezes have forced the Labor Department's economic statistics arm to curtail the breadth of its data collection for one of ...
A separate report from the Labor Department's Bureau of Labor Statistics showed the producer price index for final demand rose 0.1% in May after a revised 0.2% decline in April.
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