Alicia Wallace

2 weeks ago | wqow.com | Alicia Wallace

(CNN) — US wholesale inflation rose slightly in May. The latest Producer Price Index, a closely watched measurement of wholesale inflation, showed that prices paid to producers rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau of Labor Statistics data released Thursday. The upswing marked a turnabout from a 0.2% drop in April, which was driven largely by wholesalers and retailers’ margins being squeezed because of higher tariffs.

2 weeks ago | buff.ly | Alicia Wallace

CNN  —  US wholesale inflation rose slightly in May, driven in part by costlier goods; however, tariff-related effects were largely muted. The latest Producer Price Index, a closely watched measurement of wholesale inflation, showed that prices paid to producers rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau of Labor Statistics data released Thursday. Economists were expecting that prices would rise 0.2% from April and 2.6% for the 12 months ended in May.

2 weeks ago | news8000.com | Alicia Wallace

(CNN) — Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread. Consumer prices rose 0.1% last month, while the annual inflation rate increased to 2.4% from a four-year-low of 2.3% notched in April, according to the latest Consumer Price Index data released Wednesday by the Bureau of Labor Statistics.

2 weeks ago | news8000.com | Alicia Wallace

Video Player is loading. Current Time 0:00Duration -:-Remaining Time --:-This is a modal window. The media could not be loaded, either because the server or network failed or because the format is not supported. Beginning of dialog window. Escape will cancel and close the window. End of dialog window. Live updates all day, breaking news as it happens and weather every 10 minutes

2 weeks ago | cnn.com | Alicia Wallace

Markets DOW S&P 500 NASDAQ Hot Stocks Fear & Greed Index ----- is driving the US market Latest Market News April was a bad time for Britain’s economy. Trump’s tariffs are a big reason why Wall Street is making some seriously weird trades Elon Musk says his next product will be the most important Tesla has ever produced.