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In late July Fed Chairman Jerome Powell and the majority of the policy-making Federal Open Market Committee voted to maintain the “wait-and-see” approach to interest rate cuts. The FOMC held the ...
U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports ...
A number of stocks fell in the afternoon session after an unexpectedly sharp rise in wholesale inflation fueled concerns ...
TORONTO — Canada's main stock index finished lower on Thursday, weighed down by losses in the technology sector, while U.S.
U.S. producer prices increased by the most in three years in July amid a surge in the costs of goods and services, suggesting a broad pickup in inflation was imminent, posing a dilemma for the Federal ...
The Labor Department reported Thursday that its producer price index rose in the biggest jump in more than three years.
Such a deal would represent Trump’s latest departure from the US government’s traditional laissez-faire posture towards business. Deere & Co sank 6.8% after it reported a drop in profits and lowered ...
Trump downplayed the historic contact between the two superpowers as a “feel-out” meeting, though the Europeans disagreed, ...
Higher than anticipated U.S. PPI data drove a sell-off in major FX futures markets, causing the Euro futures to fall from a 2.5-week high to a one-week low.