Economy

Another Key Inflation Metric Exceeds Expectations

Business Elijah Iraheta -
Inflation is on a roll, and not in a good way. The Producer Price Index (PPI), a key gauge of wholesale inflation, surged 0.6%...

Russia’s Oil Flows Slow as Drones and Storm Alerts Disrupt Key Port

Economy Elijah Iraheta -
Russia's oil exports are facing a significant slowdown at the Novorossiysk port. Drone threats and storm warnings are causing major disruptions. This port is...

The Jobs Market Just Beat Expectations — Again

Business Elijah Iraheta -
The U.S. economy added 115,000 jobs in April, nearly double what economists expected, with the unemployment rate holding steady...

Split-Screen Economy: Inflation Hits Three-Year High as Growth Moderates

Business Elijah Iraheta -
A series of economic reports released Thursday paint a picture of a "split-screen" American economy: one where high-tech investment...

Dow Gains 300 Points as Trump Moves to Reopen Strait of Hormuz Shipping

Business Elijah Iraheta -
US stocks rebounded on Wednesday, building on late momentum from the previous session. Investors found reasons for cautious optimism...