WASHINGTON (dpa-AFX) - Treasuries showed a lack of direction over the course of the trading session on Wednesday before ending the day slightly lower.Bond prices spent the morning bouncing back
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WASHINGTON (dpa-AFX) - Crude oil futures settled marginally up on Tuesday with traders closely following the ongoing negotiations with regard to Iran nuclear deal.Traders looked to be weighing
U.S. Import Prices Climb 0.7% In April, Slightly More Than Expected
WASHINGTON (dpa-AFX) - A report released by the Labor Department on Friday showed U.S. import prices increased by slightly more than expected in the month of April.
The Labor Department said import prices climbed by 0.7 percent in April after surging by an upwardly revised 1.4 percent in March.
Economists had expected import prices to increase by 0.6 percent compared to the 1.2 percent jump originally reported for the previous month.
A 0.7 percent rise in non-fuel import prices and a 0.5 percent increase in fuel prices both contributed to the overall advance in import prices.