Stock Market News
Nearly 40% chances of stagflation by end of 2026, traders say
Kalshi traders predict a nearly 40% chance that stagflation, high inflation and unemployment, will impact the economy by end of 2026. The chances of a so-called soft landing, in which the economy grad...
Fed’s Miran to Resign in Preparation for Warsh to Succeed Powell
Federal Reserve Governor Stephen Miran announced his resignation on Thursday, which will become effective on or before Kevin Warsh is sworn in to succeed Fed Chair Jerome Powell. Miran stepping…
Casino Cancels Prediction Markets Conference. Not Everything Can Stay in Vegas.
Nevada's gambling regulator has taken a strong stance against prediction markets.
Fed Governor Miran submits resignation, throws support behind Warsh as new chair
Fed Governor Stephen Miran officially handed in his resignation letter Thursday, saying he will vacate his spot on the central bank board when or just before new Chair Kevin Warsh takes his seat. Mira...
‘PAY RESPECTS': Xi STUNS Trump with unexpected move
‘The Big Money Show' breaks down President Donald Trump's meeting with Xi Jinping over trade, Iran tensions and U.S.-China business ties as Beijing signals greater market access and cooperation on glo...
Watch Out For a Rate Cut Within Three Months, Says Piper Sandler’s Michael Kantrowitz
Despite rising inflation, Piper Sandler Chief Investment Strategist Michael Kantrowitz expects the Fed to cut rates within three months, citing lower tariff rates, a slower pace of rising energy price...
Some short sellers are seeing opportunity in this tech mania. How they're spotting fake AI stocks
Some short sellers argue the AI-driven rally is beginning to resemble previous speculative manias. Weaker companies rushed to attach themselves to the hottest market theme in hopes of attracting capit...
Trump ethics filing reveals thousands of trades tied to US corporate securities
U.S. President Donald Trump disclosed a flurry of at least $220 million in financial transactions earlier this year in the securities of major U.S. companies, according to two new financial disclosur...
Stocks Hit New Highs: AI Trade Becoming a Bubble?
Matthew Tuttle breaks down why AI-driven stocks continue climbing as the S&P 500 (SPX) and Nasdaq-100 (NDX) reach record highs. He explains why investors should focus on the "bottlenecks" of the AI bu...
Why Is Silver Down 4% Today, 5/14/26?
Silver (XAGUSD) is down by over 4% on Wednesday amid a strengthening dollar and rising expectations of rate hikes. The U.S. Dollar Index, which tracks the greenback against a basket…
Retail investors have a new 'toy' for speculation, Barclays says
Prediction markets are "retail's shiny new toy," Barclays analysts said, after finding monthly notional volume for the platforms skyrocketed since the 2024 presidential election, with an explosion of ...
Goldman says tech stock 'up crash' is sign of even more gains to come
Stocks are rallying so fast it's creating a volatility dynamic that's only been seen four times in history.
Active Debate Is Important at the Fed, Shah Says
Investors are underpricing the prospect that the Federal Reserve may have to abandon its bias to cut interest rates. Seema Shah, Chief Global Strategist at Principal Asset Management, discusses the pa...
How Jerome Powell Reshaped The Federal Reserve
Jerome Powell was the 16th Chairman of the Federal Reserve System. As one of the nation's top economic policymakers, Powell guided the central bank through the coronavirus crisis and political efforts...
Surging Yields Cast Shadow Over Stocks as 30-Year Hits 5%
Rising Treasury yields are starting to challenge the stock market's AI-fueled rally, as investors grapple with persistent inflation, surging government borrowing, and elevated oil prices.
Dow Jones Today: DJIA Rallies Past 50,000 on Day One of Trump-Xi Summit as Retail Sales Climb
The Dow Jones (DJIA) surpassed 50,000 on Thursday after President Trump and Chinese President Xi Jinping vowed to strengthen the U.S.-China relationship on the first day of their summit. During…
Scott Bessent from Beijing - 05/14/26 | Audio Only
The U.S. and China are opening a new chapter in artificial intelligence talks. Treasury Secretary Scott Bessent joins our Joe Kernen to discuss AI, trade, oil prices and more.
AI Leads "Narrow" Stock Market Rally as Higher Inflation Tests Fed
"Households are being a little more selective" in purchases, says @CharlesSchwab's Joe Mazzola when analyzing the latest retail sales data. It collides against what he calls a "narrow" stock market ra...
Morning Call Sheet: AI optimism and China talks lift markets
Katerina Simonetti, Executive Director at Morgan Stanley Private Wealth, Clare Pleydell-Bouverie, Co-Head of Global Innovation Team at Liontrust Asset Management, and Steve Grasso, CEO of Grasso Globa...
The Wall Street Journal reviews Fed-related statements made by Kevin Warsh from 2006 to 2026
The next chair has said a lot about the Federal Reserve's independence and role in the economy over the years. Here's how his views have evolved.
Miran: Interest rate changes will take at least a year to hit the economy
"If we changed interest rates today, it wouldn't flow through into the economy until 12 to 18 months from now," says Fed Governor Stephen Miran.
Why Is the Stock Market Up Today, 5/14/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading higher on Thursday after both President Trump and Chinese President Xi Jinping touted positive U.S.-China relations following the…
US retail sales show resilience despite cost pressures, ING warns of risks
US retail sales rose 0.5% in April, underscoring resilience in household spending despite higher gasoline prices and weak consumer confidence. ING Economics said the figures highlight the ability of ...
What to Expect From the Second Round of US-China Talks
Bloomberg's Annmarie Hordern reports on what to expect from the second round of meetings between President Donald Trump and his Chinese counterpart Xi Jinping. She previews an interview to be held wit...
A China Deal Only Trump Could Strike
Giving Americans access to high-quality, low-cost Chinese cars would enshrine him as a champion for struggling American households, Christopher Smart writes.
Bessent: 'I think we're going to see substantial disinflation'
Treasury Secretary Scott Bessent told CNBC's "Squawk Box" Thursday that the U.S. would see "substantial disinflation" after one to two more "hot inflation numbers."
S&P 500 Jumps as U.S. Retail Sales Post Third Straight Month of Growth
The S&P 500 (SPX) is trading higher on Thursday following a retail sales update from the U.S. Census Bureau. U.S. retail sales rose 0.5% month-over-month in April, in line with expectations but fallin...
Bessent sees 'substantial disinflation' ahead as Warsh takes over the Fed
Even with recent inflation news universally bad, Treasury Secretary Scott Bessent expects price pressures to ease soon, just in time for new Fed chair Kevin Warsh to take over. Bessent said he thinks ...
Trump Faces Warning of ‘Clashes and Even Conflicts’ from Xi Over Taiwan
Chinese President Xi Jinping warned President Trump on Thursday that the issue of Taiwan could result in “clashes and even conflicts” and place pressure on the relationship between the U.S.
Dow Jones Climbs as Trump-Xi Summit Kicks Off
The Dow Jones (DJIA) is set to open Thursday in the green after President Trump met with Chinese President Xi Jinping in Beijing for the first day of their summit.
Nasdaq 100, Dow Jones 30 and S&P 500 Forecasts – US Indices Continue to Look Strong
US indices continue to look extraordinarily bullish on Thursday, as traders are looking to see the momentum continue in America.
Retailers' Sales Growth Cooled Last Month
Sales growth slowed for U.S. retailers in April, damped by a cooler increase in gasoline prices as the Iran conflict continued.
Trump-Xi summit could hinge on these two crucial tech flashpoints
Critical minerals and market access for U.S. tech companies could be key points of discussion at the Trump-Xi summit. Trump commented in a Truth Social post earlier this week that opening up China for...
Miran Says a Transition at the Fed Is Important
Federal Reserve Governor Stephen Miran says outgoing Chair Jerome Powell could help create a smooth transition with his successor, Kevin Warsh, by staying on the central bank's Board of governors. Pow...
A Fact Check of Trump's Claims on Inflation and Gas Prices in Iran War
He has minimized soaring gas prices, rising inflation and the American economy's need for the Strait of Hormuz.
Fed's Miran on Supply Shocks, Policy, Central Bank Tenure
Federal Reserve Governor Stephen Miran speaks about inflation from supply shocks, how the central bank can work with the Treasury and White House going forward, and reflects on his time at the Fed. --...
U.S Jobless Claims Rose Last Week
U.S. jobless claims rose last week but were still relatively low, signaling employers held back from widespread layoffs.
U.S. retail sales increase again, but higher gas prices and inflation played a big role
Sales at retailers rose in April for the third month in a row, but the increase stemmed in large part from drivers spending more on gasoline because of higher prices. Spending was on the softer side a...
Stock Futures Rise on U.S.-China Summit Optimism, Strong Cisco Earnings
U.S. stock futures rose on Thursday morning, driven by investor optimism about the Trump-Xi meeting and strong earnings reported by networking giant Cisco ($CSCO). Futures on the Dow Jones Industrial…
Warsh's confirmation, Trump-Xi meeting, Cisco earnings and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
U.S. Stock Futures Tick Up With AI Trade Top of Mind Again
Futures contracts for the main U.S. indexes were building on gains from the previous session as the tech stock rally continues.
Tech Can Crown the Next Superpower as Trump and China Face Off
Cisco beats expectations, Micron tops $900 billion valuation, Fervo Energy makes its market debut, and more news to start your day.
The Stock Market's Fear Gauge Is Faulty
President Trump is in China with tech company leaders in tow. A late invitation to Nvidia's boss ignited its share price on Wednesday, and stocks are pointing to more gains today. But there are tensio...
What the biggest mid-cycle earnings acceleration on record means for the stock market
A trader looks back to figure out why he missed the stock-market surge from late March.
Dow futures surge 250 points: 5 things to know before market opens
US stock futures edged higher on Wednesday after the S&P 500 and Nasdaq 100 closed at fresh record highs, extending a rally led by large technology stocks. S&P 500 futures rose 0.13%, Nasdaq 100 futur...
U.S. can hold AI talks with China because ‘we are in the lead,' Bessent tells CNBC as nations plan safety protocol
U.S. Treasury Secretary Scott Bessent spoke with CNBC's Joe Kernen from the sidelines of the U.S.-Chinese presidents' meeting in Beijing. Bessent said the two countries would establish a protocol for ...
US Senate committee to weigh crypto bill in milestone for digital assets
The Republican-led Senate Banking Committee on Thursday is set to consider long-awaited legislation that would create regulations for cryptocurrencies - a landmark step for the bill which has been bo...
White House has few tools for gas-price relief as Iran war drags on
Trump administration officials are scrambling to contain the economic and political fallout of the war with Iran, three people familiar with the White House's discussions told Reuters, as hopes for a...
War, inflation and Trump's tariffs have shaken the US. Why does the stock market keep going up?
Wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have soared
Americans still feel bad about the economy. When will it get better?
The University of Michigan's consumer sentiment index has recently hit all-time lows. It's one of several consumer opinion surveys showing a structural breakdown in how Americans view the economy.
Stock Market News, 5/14/26 – U.S. Stock Futures Rise as Trump-Xi Summit Begins
U.S. stock futures moved higher early Thursday as investors continued to cheer strong gains in large-cap tech stocks and watched the Trump-Xi meeting for signs of easing U.S.-China trade tensions.
Trade wars to extended truce: Analysts expect ‘stabilization' in U.S.-China ties as Trump-Xi meet
"The big word will be stabilization," said Graham Allison, Harvard professor and former assistant secretary of defense, who popularized the term "Thucydides Trap." After nine turbulent years, the summ...
Stock Market Today: Trump-Xi Summit in Focus, Stock Futures Rise
Stocks tied to artificial intelligence remain investors' primary focus. Also joining them in the spotlight: Cisco Systems, whose shares are up nearly 20% premarket, pushing contracts tied to the Dow h...
Treasury Yields Fall Back From High Levels; U.S. Data Awaited
Treasury yields fell, dropping back from Wednesday's levels when the 10-year yield reached its highest since June last year after strong U.S. producer prices data.
The Fed Will Have a New Chair. It Also Has an Inflation Problem.
It might be hard for new Fed Chair Kevin Warsh to take the central bank where he wants it to go.
Why Are Stock Market Futures Up Today, 5/14/26?
U.S. stock futures trended higher ahead of Thursday’s session after a strong trading session, supported by gains in large-cap tech stocks that pushed the S&P 500 ($SPX) Index and the…
Jerome Powell is wrapping up eight hazard-filled years as Fed chair, and weathered the most sustained political assault on the central bank in its modern history
The pandemic, inflation and White House pressure tested the central bank's leader as never before.
Hedge Funds Are Making a Killing in the ‘Golden Age' of AI Hardware
Shares of makers of chips and related equipment delivered stock-picking funds such as Steve Cohen's Point72 their best month in decades.
Review & Preview: 4-Year High
Tech pushed market indexes to new heights despite a drop in oil prices.
Oil Prices and the Bond Market Are Moving in Tandem. What That Means for Your Interest Rates
Homebuyers and businesses hoping for cheaper loans may have to wait for oil prices to come down.
Why Are Stock Market Futures Rising Today, 5/13/26?
U.S. stock futures were rising on Wednesday evening after a strong trading session. Tech stocks lifted the S&P 500 Index ($SPX) and the Nasdaq to new record highs. Futures on…
US-China AI BATTLE hinges on rare earths, critical minerals
Clear Street senior research analyst Tim Moore discusses the artificial intelligence race between the U.S. and China and the competition for rare earths and critical minerals on ‘Making Money.' #fox #...
Kevin Warsh confirmed as Fed Chair in most divisive vote ever
May 13, 2026 - The Federal Reserve officially has a new leader. Kevin Warsh has been confirmed by the US Senate as the next chair of the Federal Reserve in one of the most divisive Fed confirmation vo...
Trading day: Inflation? Stocks don't care
Investors shrugged off a sharp rise in U.S. producer inflation and spike in bond yields on Wednesday to push the S&P 500 and Nasdaq to new highs, as they awaited the U.S.-China summit in Beijing betwe...
AI In Focus As Top CEOs Head To China For Trade Summit
US business leaders including Apple Inc.'s Tim Cook and Tesla Inc.'s Elon Musk on Trump's first overseas trip since waging war in the Middle East — a 36-hour visit with Xi Jinping that's expected to e...
Boston Fed President Susan Collins flagged the possibility that the central bank might need to raise interest rates if inflation pressures broaden in coming months
In an interview, the Fed official said she is watching how households' inflation expectations have drifted higher.
April Retail Sales Should Remain Solid, Even With Higher Gas Prices
The U.S. Census Bureau is set to release the April retail sales report on Thursday, May 14, at 8:30 a.m. ET.
Dow Jones slips while S&P 500 hits record high on AI chip rally
The S&P 500 and Nasdaq Composite closed at fresh record highs on Wednesday as investors continued piling into artificial intelligence-related technology shares, brushing aside another hotter-than-expe...
Stock Market Today: SPY, QQQ Rally to New Highs as Inflation Accelerates; Senate Confirms Warsh to Succeed Powell
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) reached new all-time highs on Wednesday as investors brushed aside concerning inflation data. News That Moved the Stock Market…
Warsh faces rate pressure as April's inflation spike leaves the Fed with zero excuses
Bond markets won't wait for the central bank to combat inflation.
Alger's Ankur Crawford: Not worried at all about a possible bubble in equity markets
Ankur Crawford, Alger EVP, joins 'Closing Bell' to discuss how investors should consider equity markets.
US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell
Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower rates
Top Stock Gainers Today, 5/13/26
The S&P 500 (SPX) rallied to another new all-time high on Wednesday, powered by tech and consumer discretionary stocks. Let’s break down the sectors behind the performance. Today’s Top-Performing Sect...
What the April CPI reveals about inflation and the Iran war
U.S. consumers are blaming the Iran War for the recent inflation surge. But data shows prices are rising in more areas than just energy.
BREAKING: Kevin Warsh CONFIRMED as Fed chair
Fox News anchor Martha MacCallum announces Kevin Warsh's confirmation as the next Federal Reserve chair on ‘The Story.'
The PE Paradox: Volatility Fuels New Deals as Old Assets Sit Frozen in Portfolios
Glinting investment opportunities abound, private-equity firms say—but the industry also faces an exit bottleneck of over $3 trillion.
A highly concentrated stock market is supposed to be scary. What should you do about it?
Leaning into a concentrated market may not be a bad move, but be prepared to act quickly.
Warsh Confirmed by Senate to Lead Federal Reserve
The Senate confirmed Kevin Warsh as chair of the Federal Reserve with a 54-45 vote, the slimmest confirmation margin ever for a head of the central bank. Mike McKee reports.
Analysis: Trump finally gets his man at the Fed. Will Kevin Warsh disappoint him?
Kevin Warsh was confirmed as Fed chair Wednesday with just 54 votes, the lowest ever for a Fed chair. The new Fed chair faces a dangerous political environment, but he didn't get here by accident.
The Senate confirmed Kevin Warsh as the Fed's new chair on Wednesday in a party-line vote that reflected how tensions with the White House have dragged the Fed deeper into the political fray
The divided vote signals the challenge ahead for Warsh, who faces a Fed committee skeptical of the rate cuts President Trump has demanded.
Trump Eyes 250 Pardons to Celebrate America’s 250th Birthday
White House officials are considering a plan for President Trump to issue 250 pardons to commemorate the nation’s 250th birthday this summer, people familiar with the matter told the Wall…
Kevin Warsh wins Senate confirmation as the next Federal Reserve chair
In the most divisive vote ever for a Fed chair, Warsh, 56, won confirmation to take over for Jerome Powell.
Here’s Why Morgan Stanley (MS) Remains Bullish on Stocks
The bank says the market has priced in geopolitical risks.
Kevin Warsh confirmed as next Fed chairman by US Senate as inflation mounts
Hot inflation leaves Warsh trapped between competing political and economic pressures before he even steps into the chairman's office.
Mortgage rates jump to highest level since March on hotter inflation reports
The average rate on the popular 30-year fixed mortgage rose Wednesday to 6.57% It is now 15 basis points higher than last Friday.
Why the Biggest AI Winners May NOT Be Nvidia or the Mag 7
In this episode of ETF Spotlight, Kai Wu, Founder & Chief Investment Officer at Sparkline Capital breaks down why the real AI winners may be companies investors aren't even thinking about yet - and wh...
Trump's China visit could rattle markets if it doesn't bring an Iran breakthrough
There are concerns that a lack of Chinese intervention in the Iran conflict could prompt renewed U.S. military action as early as next week.
Inflation and Iran vs. earnings and AI: Your next move
The Investment Committee debates the state of the markets with inflation, Iran, earnings and AI all bearing down on stocks.
Why Is the Stock Market Up Today, 5/13/26?
After a slow start, both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading higher on Wednesday. Strength in the Magnificent 7 has offset weakness in the utilities,…
Dow Jones Today: DJIA Retreats as Wholesale Inflation Heats Up; Trump Arrives in Beijing
The Dow Jones (DJIA) is trading lower on Wednesday following a concerning wholesale inflation update from the Bureau of Labor Statistics (BLS). In April, the U.S. Producer Price Index (PPI) rose 1.4%…
Is inflation heading to 6%? Probably not — but it will get worse before it gets better.
In the dark recesses of the economy, price pressures are bubbling up and foretelling another wave of inflation. Is inflation really heading to 5% or 6% again like during the bad days of the pandemic?
US grocery prices soared in April — but gas spikes weren't the only reason why
Prices for food eaten at home rose 2.9% in April compared to the same month a year earlier, according to government figures released Tuesday.
Fmr. CEA Chair Jared Bernstein on if there's a 'potential persistence problem' with inflation
Jared Bernstein, former CEA chair, joins 'Money Movers' to discuss recent economic data, how the Fed might look at these trends, and more.
Is inflation is putting the AI rally at risk?
Is inflation is putting the AI rally at risk?
One of the Stock Market's Biggest Bulls Sees a Historic Rally Coming
Stocks could be set for the strongest five-year rally since the dot-com era.
Fed's Collins Says She Could Envision the Need for Rate Hikes
Boston Federal Reserve President Susan Collins said she envisions a prolonged stretch of steady interest rates, and could envision a scenario that requires some policy tightening to ensure inflation r...
10-year Treasury yield hits new high for the year after very hot producer prices reading
Treasury yields climbed after a hotter-than-expected reading on the producer price index.
Most US adults say finances in good shape but job worries tick up, Fed survey shows
Nearly three-quarters of U.S. adults last year continued to rate their personal finances as being in reasonable shape, although they remained concerned about inflation and their worries about job sec...
Nasdaq Index: AI Momentum Keeps Stock Market Stable Despite Hot PPI
Nasdaq holds firm on AI momentum as rising yields, hot PPI data and elevated oil prices pressure the Dow Jones and broader stock market.
Wholesale inflation surges 6% — biggest increase since 2022: ‘Alarm bells at the Fed'
All the numbers were much higher than economists had expected and it alters the dynamic at the Fed and its fight against inflation.
NY Fed defeats Puerto Rican bank's appeal tied to Venezuela-related cutoff
The Federal Reserve Bank of New York on Wednesday defeated an appeal by a Puerto Rican lender whose access to the U.S. central banking system was cut off in a crackdown on lenders with links to Vene...
Tech investor Dan Niles predicts AI stocks will crash by 30% to 50% in 2027
Dan Niles predicted AI stocks could tumble as much as 50% after the boom peaks in early 2027. The tech investor said agentic AI will fuel the rally before triggering a reset across markets.
Oil at $120 Could Trigger a Global Recession, Warns IMF
International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned on Wednesday that if oil prices remain between $120 and $130 per barrel through 2027, the global economy could slip into...
KG Analyzes PPI, NVDA & SOX Rally, Agriculture Movers Amid Trump's China Visit
The big question Kevin Green has from Wednesday's hot PPI print: how long can Americans shoulder the burden of energy's inflation impact before demand destruction takes hold? In equities, KG has his e...
Trump Touches Down in Beijing with Entourage of Top CEOs
President Trump landed in Beijing, China, on Tuesday morning, flanked by CEOs from several major firms, including Elon Musk of Tesla ($TSLA), Jensen Huang of Nvidia ($NVDA), and Larry Fink…
Tariff Refunds Begin to Reach Businesses as Trump Lashes Out at Court
The government must return about $160 billion, plus interest, collected from duties deemed illegal and potentially more if it loses a related tariff case.
US SEC 'attuned to potential risk' in private funds, enforcement chief says
Enforcement officials at Wall Street's top regulator are keeping an eye on potential risks in the private funds sector, the agency's newly installed head of enforcement said Wednesday.
Dow Slips After Wholesale Prices Flash Another Warning Sign on Inflation
The Dow industrials led U.S. stocks lower with fresh signs of growing price pressures from the war weighing on investors.
Semiconductor names have never before held this much sway over the stock market. History shows that could be a problem.
Semiconductor stocks have become an unusually large force in the U.S. stock market, underscoring how much of the latest rally in indexes like the S&P 500 has been powered by the artificial-intelligenc...
Dow falls 230 points as hot inflation data rattles Wall Street
US stocks opened subdued on Wednesday after another stronger-than-expected inflation report reinforced expectations that the Federal Reserve may keep interest rates elevated throughout the year, while...
Hot PPI "Big Number in All Cases," Still Not as Crucial as CPI
The April 2026 PPI proved to be "a big number in all cases," says Kevin Hincks. He outlines all of the key metrics and explains how a surge in energy prices is starting to extend its reach into other ...
Whipsaw market actions leaves traders looking for direction. The 'fear gauge' might offer a clue
Volatility in the S&P 500 as measured by the Cboe VIX Index ended down on Tuesday, despite a brief pop to 19.01, the highest since April 28.
Hot April 2026 PPI Print a Wake Up Call for Investors Dismissing Inflation?
A hot PPI came in well above Wall Street expectations, testing the stock market's all-time high run. Joe Brusuelas believes it's a healthy wake up call.
US Producer Prices Climb by Most Since 2022
US wholesale inflation increased in April to the fastest pace since 2022 on increased energy prices. The producer price index rose 6% from a year ago, while a core measure of wholesale inflation that ...
Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022
CNBC's Rick Santelli joins 'Squawk Box' to break down April's PPI data.
Wholesale Inflation Shot Higher in April
Prices charged by producers rose by 1.4% in April from the month before, blowing past March's 0.7% increase, according to the Labor Department's producer-price index.
Trump arrives in Beijing with CEOs ahead of Xi meetings
The president landed in the Chinese capital for a highly anticipated summit with Xi Jinping.
Wholesale prices jump to 4-year high and point to even more inflation in the next few months
A recap of consumer prices in April showed inflation climbing to a three-year high. Now the latest look at wholesale prices points to even higher inflation in the next month or two.
Wholesale prices surged 1.4% in April, much more than expected
The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.
5 tests Kevin Warsh will face on the first day as Fed chair
Wall Street and Washington will be watching to see how he reacts to political pressure and whether he can get the central bank on board with the major changes he favors.