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Top Finance & Commerce News

US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Business · United States

US wholesale inflation picks up slightly in sign that some price pressures remain elevated

57% Center coverage: 26 sources
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure.See the Story
Wall Street makes wagers on the likely winners and losers in a second Trump term
Donald Trump · New York

Wall Street makes wagers on the likely winners and losers in a second Trump term

47% Center coverage: 17 sources
Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy. Since Election Day, investors have sent prices zooming for stocks of banks, fossil-fuel producers and other companies expected to benefit from Trump’s preference for lower tax rates and lighter regulation. For retailers, meanwhile, the outlook is murkier because of uncertainty about whether they’ll be able to absorb any of the higher costs created by tariffs.See the Story
Top Federal Reserve official defends central bank’s independence in wake of Trump win
Donald Trump · United States

Top Federal Reserve official defends central bank’s independence in wake of Trump win

89% Center coverage: 9 sources
A Federal Reserve official gave a lengthy defense of the central bank’s political independence Thursday, just days after former President Donald Trump, an outspoken Fed critic, won re-election. See the Story

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