US businesses’ input costs are rising rapidly as the Iran war’s oil shock continues to ripple through the economy.
US producer prices rose far more than expected in April, according to data released Wednesday by the Bureau of Labor Statistics. Prices rose 1.4% in April over the previous month, far above March’s ...
FILE - Fuel prices are displayed on a sign at a gas station as a fuel truck drives by, March 17, 2026, in Baltimore. (AP Photo/Stephanie Scarbrough, File) FILE - Fuel prices are displayed on a sign at ...
(CNN) — US consumers are facing the fastest price inflation they’ve seen in three years. It likely hasn’t yet peaked. New data Thursday showed that input costs for American businesses are still rising ...
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