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Supplier Price Gains Cooled in May, Latest Sign of Easing Inflation

Gabriel T. Rubin

U.S. supplier prices rose 1.1% in May from a year earlier, continuing their recent cooling pattern, the Labor Department said Wednesday.

The annual rate represents a significant slowdown. The producer-price index, which general. ....

Bernard Baumohl , Gabrielt Rubin , Labor Department , Economic Outlook Group , Federal Reserve , Economic Outlook , Dow Jones ,

Jobless Claims Jumped Last Week to Highest Level Since October 2021

By Gabriel T. Rubin

Worker filings for U.S. unemployment benefits increased sharply last week, a possible early sign of cooling in the strong labor market.

Initial jobless claims, a proxy for layoffs, rose by 28,000 to a seasonally adjusted 261. | 09:09am ....

United States , Gabrielt Rubin , Labor Department , Dow Jones ,