April wholesale prices jump 0.6%, led by higher food costs
WASHINGTON — Wholesale prices rose a higher-than-expected 0.6% in April, driven by escalating food costs. It’s more evidence that inflation pressures are starting to mount…
AP Wire
U.S. unemployment claims drop to 473,000, a new pandemic low
WASHINGTON — The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers…
McDonald’s raising U.S. workers’ pay in company-owned stores
McDonald’s is raising pay at 650 company-owned stores in the U.S. as part of its push to hire thousands of new workers in a tight…
As chip shortage goes on, cars are scarce and prices are up
DETROIT — For the next few months, Charlie Gilchrist figures his 11 car dealerships in the Dallas-Fort Worth area will sell just about every new…
As chip shortage goes on, cars are scarce and prices are up
DETROIT (AP) — For the next few months, Charlie Gilchrist figures his 11 car dealerships in the Dallas-Fort Worth area will sell just about every…
EXPLAINER: Why are fears of high inflation getting worse?
WASHINGTON — Gas prices are rising. Auto prices are soaring. Consumer goods companies are charging more for household basics like toilet paper, peanut butter and…
Consumer prices shot up 0.8% in April as worries escalate
WASHINGTON (AP) — A worrisome bout of inflation struck the U.S. economy in April, with consumer prices for goods and services surging 0.8% — the…
As chip shortage goes on, cars are scarce and prices are up
DETROIT — For the next few months, Charlie Gilchrist figures his 11 car dealerships in the Dallas-Fort Worth area will sell just about every new…
Consumer prices jump 0.8% in April as worries escalate
WASHINGTON — U.S. consumer prices surged 0.8% in April, pushing the rise in inflation over the past year to the fastest rate in more than…
UK economy showed resilience ahead of big lockdown easing
LONDON — The British economy contracted by a quarterly rate of 1.5% in the first three months of 2021, a relatively modest contraction given that…