News

There’s no denying it now: Tariffs are raising prices
Another reason consumers have been insulated: Businesses are already absorbing the costs, according to the latest gauge of US wholesale inflation, known as the Producer Price Index. Last month, ...
Wholesale costs fell in April but consumer price increases are likely on the way
Producer Price Index, a measure of wholesale costs, fell 0.5% in April. Margins are squeezed by tariffs and firms will likely ...
US wholesale prices dropped 0.5% last month despite Trump's tariffs
U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald Trump's sweeping taxes on imports.
US egg prices fall for the first time in months but remain near record highs
U.S. retail egg prices fell in April from the record-high prices they hit earlier this year, according to government data ...
US consumer prices rise marginally; impact of tariffs awaited
WASHINGTON (Reuters) - U.S. consumer prices rebounded moderately in April, leading to the smallest annual increase in four ...
Shanghai Metals Market4h
US dollar falls, metals almost across the board fall, lithium carbonate drops over 4%, polysilicon and alumina fall over 3% [SMM Daily Review]
As of the daytime close, domestic market base metals generally declined, with SHFE zinc down 1.06%, SHFE nickel down 0.78%, and SHFE lead down 0.76%. The declines in other metals fluctuated slightly.
Lower food prices tame US consumer inflation in April, tariffs squeeze awaited
U.S. consumer prices rebounded moderately in April as declining food costs partially offset rising rents, leading to the ...