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The consumer price index (CPI) measure of inflation eased to 3.0 percent on an annual basis last month -- its lowest level since March 2021 -- while core CPI, which excludes volatile food and energy prices, also fell.
Global stocks mostly advanced Monday ahead of key US inflation data and after a drop in Chinas producer prices pointed to more weakness in the worlds second biggest economy. After a choppy session, Wall Street indices scored modest gains, following on the heels of an advance in Europe, where equit ..
The dreaded fear of a deflationary spiral in China has reached 'code red', says analyst
Payroll firm ADP estimated that private employers added 497,000 new jobs in June, more than double the median forecast of economists surveyed by MarketWatch.
Stock markets retreated Wednesday on disappointing eurozone and Chinese economic data and rising tensions between Beijing and Washington.Briefing.com analyst Patrick O'Hare pointed to the poor Chinese data plus indications that both Beijing and Washington are adopting new protectionist measures just as US Treasury Secretary Janet Yellen visits China this week to ease tensions.