Core wholesale prices rose less than expected in September, indicating a potential cooling in pipeline inflation pressures, the Bureau of Labor Statistics reported Tuesday. The producer price index, a measure of what producers get for final demand goods and services, increased a seasonally adjusted 0.3% on the month, in line with the Dow Jones consensus … Read more
Restaurants and bars in the Boat Quay district in Singapore, on Wednesday, May 17, 2023. Bloomberg | Bloomberg | Getty Images Singapore’s inflation rate rose for a second straight month, year on year, with price growth in October scaling a near 1-year high and topping analysts’ expectations. After reaching a 4-year low in August, consumer … Read more
New York City Mayor-elect Zohran Mamdani on Friday arrived at the White House to meet with President Donald Trump for a discussion on affordability that could carry high stakes for both men. The Oval Office meeting was requested by Mamdani, the 34-year-old democratic socialist whose stunning triumph in the mayoral race over former New York … Read more
The U.S. Bureau of Labor Statistics is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy. Bill Clark | Getty Images The Bureau of Labor Statistics said it was canceling the release of the October consumer price index, leaving the Federal Reserve without a key piece … Read more
Artificial intelligence could be increasing worker productivity so much that companies slow hiring, top Trump administration economic advisor Kevin Hassett said Monday. “I think that there have been mixed signals in the job market,” the National Economic Council director said on CNBC’s “Squawk Box,” adding that he has seen “really, really positive signals in the … Read more
A man pushes a trolley inside a supermarket in Mumbai, India, on September 7, 2025. (Photo by Indranil Aditya/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images India’s consumer inflation cooled to 0.25% in October, strengthening hopes of more policy easing by the Reserve Bank of India. The headline inflation number was below estimates … Read more