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US producer prices unexpectedly fall in May

WASHINGTON (Reuters) – U.S. producer prices unexpectedly fell in May amid lower energy costs, another indication that inflation was subsiding after surging in the first quarter. The producer price index for final demand dropped 0.2% last month after advancing by an unrevised 0.5% in April, the Labor Department’s Bureau of Labor Statistics said on Thursday. […]

Europe jolted by Macron’s snap election call

A look at the day ahead in U.S. and global markets by Samuel Indyk The expected rightward shift in the European Parliament after a four-day election has still managed to jolt European markets as gains for the far-right in France prompted French President Emmanuel Macron to call a snap parliamentary election. French bonds and stocks […]

New highs as Nvidia tops Apple, ECB and BoC easing

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s tech-led stock surge to new records has seen $3 trillion AI-champion Nvidia replace Apple as the world’s 2nd most valuable company in a market infused with interest rate cut excitement across the G7. With the European Central Bank set […]

Wall St eyes election-strewn June, jobs week

A look at the day ahead in U.S. and global markets from Mike Dolan June kicks off with a series of big election results around the world – with big landslides unfolding for favoured candidates in Mexico and India – while Wall Street has perked up in a key week for the U.S. labour market. […]

Invest in Courageous, Progressive Journalism

The struggle for democracy persists as we come into the second half of 2023. As the year progresses, we face lies, corruption, and violence. And so the fight for America will continue as Senate Republicans strive to prevent Democrats from passing even the most popular measures under Biden’s presidency. While prices skyrocket across the country […]

Invest in Courageous, Progressive Journalism

The struggle for democracy persists as we come into the second half of 2023. As the year progresses, we face lies, corruption, and violence. And so the fight for America will continue as Senate Republicans strive to prevent Democrats from passing even the most popular measures under Biden’s presidency. While prices skyrocket across the country […]

Invest in Courageous, Progressive Journalism

The struggle for democracy persists as we come into the second half of 2023. As the year progresses, we face lies, corruption, and violence. And so the fight for America will continue as Senate Republicans strive to prevent Democrats from passing even the most popular measures under Biden’s presidency. While prices skyrocket across the country […]

Democrats Aim for a Breakthrough for Black Women in the Senate

Ms. Taylor said she saw no reason to change her rating of the race from “likely Democrat.” For Black women, Ms. Alsobrooks’s victory over an affluent male candidate with the backing of much of the House Democratic leadership was particularly gratifying, said Donna Brazile, who became the first Black woman to manage a presidential campaign […]

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