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Deflation Pushes PPI To 28-Month Lows; Google's Dominance in Ad Tech Under European Scrutiny; Disney Delays Avatar, Marvel & Star Wars Release: Today's Top Stories

Benzinga Deflation Pushes Producer Prices To 28-Month Lows Ahead Of Fed's Interest Rate Decision U.S. producers now face the reality of deflation, as the Producer Price Index (PPI) for final demand slumped 0.3% month-on-month in May, down from the previous 0.2% monthly increase and below the expected 0.1% fall, the U.S. Bureau of Labor Statistics reported Wednesday. The PPI print follows the May consumer price index (CPI) reading, which came in lower than expected, supporting the market bel...
United States Singapore General David Ricks Bracken Darrell Warren Buffett Commonwealth Fund
Source: yahoo.com

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