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Thursday, May 15, 2025

WASHINGTON (AP) " 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. The producer price index " which tracks inflation before it hits consumers " fell 0.5% last month from March and rose 2.4% from April 2024, the U.S. Labor Department reported Thursday. read more


Tuesday, May 13, 2025

The latest data from the Bureau of Labor Statistics showed that consumer prices increased 2.3% over the prior year in April, a slowdown from March's 2.4% and below economists' forecast for 2.4%. This marked the lowest annual increase since February 2021, before a large increase in inflation sparked a Federal Reserve interest rate hiking cycle. read more


A White House executive order Monday slashed the "de minimis" tariff on China shipments to 54% from 120%, with a $100 flat fee starting May 14. read more


Monday, May 12, 2025

Preliminary data show homicides in the nation's largest cities fell by 21% in the first three months of 2025 from the same period of last year, as overall violent crime continued its post-pandemic drop.


Sunday, May 11, 2025

Mark Carney in dire straits: Canada, one of the largest and richest countries in the world, added just 7,400 jobs in April as unemployment rate rises to 6.9% read more


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