August Inflation Data Beats Forecasts, Putting Fed on Track for a Rate Hike August Inflation Data Beats Forecasts, Putting Fed on Track for a Rate Hike

Economy

August consumer prices rose 0.4 percent and core inflation beat economist forecasts, driven largely by a 3.9 percent jump in gasoline prices, raising expectations...

Oil Tops $107 as Gulf Fighting Escalates, Bond Yields Hit Multiyear Highs, Stocks Slide

Economy

Oil surged past $107 a barrel on escalating Gulf fighting while U.S. Treasury yields hit multiyear highs and stocks slid across the board.

White House Adviser Christopher Phelan: AI Won't Replace Workers, Data Shows Companies Using It Are Hiring More

Economy

White House Council of Economic Advisers Chairman Christopher Phelan says data shows companies using AI more are hiring more workers, not fewer, comparing the...

Producer Prices Rise Less Than Forecast, But Energy Costs Keep Climbing Fast

Economy

Core producer prices rose 0.2 percent in August, below forecasts, but energy costs kept surging — diesel is up 77.8 percent and home heating...

More Posts

GET MORE STORIES LIKE THIS

IN YOUR INBOX!

Sign up for our daily email and get the stories everyone is talking about.