Jeff Kearns and Reade Pickert

Government, Business

Monthly CPI Up 0.3% and 2.4% Over Last Year

illustration of health items The core reading reflected the biggest monthly rise in medical care costs since 2016. (iStock)

The August core consumer price index, which excludes food and energy, rose 0.3% from the prior month and was up 2.4% from a year earlier, a Labor Department report showed Sept. 12.

September 12, 2019
Government, Business, Logistics

Exports, Imports Plummet as US Trade Deficit Narrows

Trade Patrick T. Fallon/Bloomberg News

The U.S. trade deficit narrowed in April as exports and imports tumbled, highlighting the impact of President Donald Trump’s tariffs even before negotiations with China unraveled and he threatened levies on Mexican goods.

June 6, 2019
Government, Business

Consumer Prices Trail Estimates, Testing Fed Chairman Jerome Powell’s View

Getty Images

A key measure of U.S. consumer prices rose by less than expected in April on lower used car and apparel costs, testing the Federal Reserve’s message that muted inflation will prove transitory.

May 10, 2019
Government, Business, Logistics

Trade Gap With China Shrinks to Lowest Since 2016

Trade Getty Images

The U.S. trade deficit with China decreased to the narrowest in almost three years as imports slowed and exports advanced, offering President Donald Trump a chance to claim his tariff war is yielding the desired results just as negotiations reach a critical stage.

May 9, 2019
Government, Business

Jobs Top Forecast at 263,000 Gain, but Wages Miss Estimates

Jobs Ty Wright/Bloomberg News

The U.S. economy accelerated its rebound from a recent soft patch as unemployment unexpectedly fell to a fresh 49-year low amid strong hiring and cooler-than-projected wage gains, suggesting the hot labor market can extend its run.

May 3, 2019