• US wholesale prices jump, but underlying pressures look tame

    8 days ago - By Chron

    WASHINGTON - Led by costlier gas, food, and chemicals, U.S. wholesale prices surged 0.6 percent in October, the biggest month-to-month rise in six years. Yet excluding items that tend to fluctuate sharply from month to month, inflation pressures remain tame.
    The jump in the producer price index, which measures prices before they reach consumers, followed a smaller 0.2 percent increase in September. Compared with 12 months earlier, producer prices rose a sharp 2.9 percent in October.
    But when food, energy and other volatile categories are excluded, so-called core wholesale prices rose only...
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  • China car market close to annual contraction after Oct sales slide

    8 days ago - By Reuters

    China's automobile sales fell 11.7 percent in October, bringing the world's biggest car market closer to an annual contraction not seen since at least 1990. David Pollard reports.
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  • US wholesale prices jump 0.6% in Oct, the most in 6 years

    8 days ago - By CNBC

    U.S. wholesale prices rose by the most in six years last month, led higher by more expensive gas, food, and chemicals.
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  • Energy, services fuel jump in U.S. producer prices

    8 days ago - By Reuters

    U.S. producer prices rose more than expected in October and at their fastest pace in six years but measures of underlying price pressure cooled, bolstering the view that the U.S. central bank is not facing a resurgence in inflation.
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  • What every worker can learn from our veterans

    What every worker can learn from our veterans

    8 days ago - By Biz Journals

    Around mid-October each year, we ask all the veterans at the state organization where I serve as executive director to share their names with us if they'd like to be recognized for their service. The list is always significant in length, and every branch of the military is represented. For Veterans Day, I'll write an email, expressing my gratitude both in my professional capacity and also just as an average American citizen. While my thanks is sincere, it always feels like so little for so...
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  • Oil crashes more than 20% from October highs as Trump's Iran sanctions fail to diminish supply fears

    Oil crashes more than 20% from October highs as Trump's Iran sanctions fail to diminish supply fears

    8 days ago - By Business Insider

    Enhanced US sanctions on Iran came into effect on Monday, leading to concerns about tighter supply
    But, increased production from major oil nations has eased supply issues, driving prices lower
    Sell off in crude futures has seen Brent, the international benchmark, fall 20% in less than two months, otherwise known as a bear market
    Brent crude prices fell to multi-month lows today as supply fears caused by US sanctions on Iran waned.
    Oil prices dropped below $70 a barrel for the first time since April, having reached as high as $86 last month, on the back of trade fears and waning growth...
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  • US wholesale prices rose 0.6 percent in October, biggest gain in 6 years

    8 days ago - By Chron

    WASHINGTON - US wholesale prices rose 0.6 percent in October, biggest gain in 6 years.
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