Wholesale prices in the US are showing their biggest drop since 2020, another sign of declining inflation
The numbers: US wholesale prices fell 0.5% in December, mainly due to cheaper food and gasoline, extending a string of lows and adding further evidence that high inflation is fading….
Read more »
Recession or not, Wall Street still expects inflation to deliver record profit margins, with more to come
The layoffs are piling up. Recession fixes are on the rise. But as higher prices continue, Wall Street expects net profit margins for the companies that make up the S&P…
Read more »