Stock market today: Dow, S&P 500, Nasdaq seesaw as semiconductor stocks sell off
US stocks trimmed gains on Wednesday as chip stocks sold off despite strong earnings from chip equipment maker…
Stock market today: Dow, S&P 500, Nasdaq extend gains as ASML buoys AI trade, earnings roll in
US stocks edged higher as chipmaking equipment producer ASML (ASML) sent a bullish signal on AI demand and…
Rapidly rising producer prices could hurt the economy
A whole bunch of inflation data comes out this week, because the Bureau of Labor Statistics puts out…
Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike
By Leika Kihara TOKYO, June 10 (Reuters) – Japan’s wholesale inflation accelerated in May at the fastest pace…
Fed Chair Kevin Warsh Has a New Inflation Nightmare: AI Is Skyrocketing Prices
Quick Read NVIDIA’s (NVDA) data center revenue hit $75.25 billion in Q1, up 92% year-over-year, as the AI…
Scott Bessent Sees ‘Substantial Disinflation’ After ‘One Or Two More’ Hot Inflation Prints: ‘Nothing Is More Transient…’
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China CPI Jumps as Middle East Crisis Pushes Energy Costs Higher
China’s consumer inflation accelerated to 1.2% in April, topping analyst estimates, as the Middle East crisis drove a…
Inflation Drumbeat Persists for Unnerved US Consumer
(Bloomberg) — A fresh batch of consumer price data in the coming week is likely to affirm Americans’…
US wholesale prices arrive hotter than expected, up 0.5% from December and 2.9% from a year ago
WASHINGTON (AP) — U.S. wholesale prices came in hotter than expected last month. The Labor Department reported Friday…
US producer prices accelerate in December on services
WASHINGTON, Jan 30 (Reuters) – U.S. producer prices increased more than expected in December, with businesses appearing to…
US producer prices rose 0.5% in December, more than expected, on uptick in services inflation
WASHINGTON (AP) — U.S. wholesale prices rose a hotter-than-expected 0.5% in December. The Labor Department reported Friday that…
Japan’s corporate service inflation perks up in August
TOKYO (Reuters) -A leading indicator of Japan’s service-sector inflation perked up in August, data showed on Thursday, backing…