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Bitcoin peeled back from its fresh all-time high after a shocking US inflation report caught traders off guard.
The cost of wholesale goods and services - where rising inflation tends to show up first - in July posted the biggest increase in three years, possibly heralding a sizable acceleration in price hikes ...
Recent inflation data contradicts President Donald Trump's claims that rising prices won't impact the U.S. economy. The Producer Price Index surged 0.9% last month.
The cost of wholesale goods and services — where rising inflation tends to show up first — in July posted the biggest ...
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...
“Core” producer prices, which exclude volatile food and energy costs, also rose 0.9% from last month — the highest jump since March of 2022. Year-to-year, core prices increased 3.7% after coming in at ...