WASHINGTON (AP) — U.S. wholesale prices rose modestly last month from a year earlier, another sign that remain mild. The Labor Department reported Thursday that its producer price index —...
While economists and the general public are preoccupied with the threat to U.S. economic growth stemming from Donald Trump’s tariff policies, serious as that is, they may be overlooking another...
China’s export of rare earth elements is central to the trade deal struck this week with the United States. Beijing has a virtual monopoly on the supply of the critical...
United States President Donald Trump has said his administration is accepting applications for his so-called “Trump Card”, which promises applicants permanent residency for $5m. Trump made the announcement on Wednesday...
Under normal circumstances, moderating inflation and a weakening labor market would make an easy case for interest rate cuts. But these aren’t normal times, and a scattering of headwinds on...
The White House has said a trade deal with China is done and is awaiting the signatures of United States President Donald Trump and his Chinese counterpart, Xi Jinping. The...
These days, it seems like anything could be a recession indicator. Press-on nails. Strip club habits. Lena Dunham’s exodus from New York. But how do we really know if there’s...
WASHINGTON (AP) — U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. Consumer prices increased 2.4% in May compared with a...
Russia’s sanctions-hit economy has been left reeling by falling fossil fuel revenues and a slump in profitability in the country’s oil refineries. Figures released by Russia’s state statistics agency Rosstat...
WASHINGTON (AP) — U.S. inflation likely picked up a bit last month as President Donald Trump’s start to bite, but lower prices for gas and possibly for air fares and...
