• Japan April PPI +0.9% y/y (expected +0.8%) & +0.3% m/m (expected +0.3%)

    USD/JPY barely moving after this data.The PPI is also referred to as the Corporate Goods Price Index, its published by the Bank of Japan. ---The Producer Price Index (PPI) in Japan is also known as the Corporate Goods Price Index (CGPI)its a measure of the average change over time in the selling prices received by domestic producers for their outputis calculated by the Bank of JapanUnlike the Consumer Price Index (CPI), which measures the price change that consumers see for a basket of goods and...

  • What to expect from Reddit's quarterly earnings report

    We’ll get quarterly results from Reddit after the bell today, the first chance to see the company's earnings since its stock market debut back in March.

    • CNBC

    Here's everything to expect from Wednesday's key report on inflation

    The Labor Department's Bureau of Labor Statistics will provide the consumer price index data Wednesday at 8:30 a.m. ET.

  • US producer prices increase more than expected in April

    U.S. producer prices increased more than expected in April amid strong gains in the costs of services and goods, indicating that inflation remained elevated early in the second quarter. The producer price index for final demand rose 0.5% last month after falling by a downwardly revised 0.1% in March, the Labor Department's Bureau of Labor Statistics said on Tuesday. Financial markets expect the Federal Reserve to start its easing cycle in September, though some economists believe the first...

  • Jobs boom beats expectations but weakness incoming

    Hiring by Australian employers has proved stronger than government officials expected, despite economic activity tapering. Based on snippets released ahead of Tuesday’s May budget, Treasury has upgraded expectations for employment growth in the year to June to reflect ongoing resilience in the labour market. In those 12 months, the government expects employment to grow 2.25 […]

  • Wholesale prices rose 0.5% in April, more than expected

    Wholesale prices jumped more than expected in April, putting up another potential roadblock to interest rate cuts anytime soon. The producer price index, a gauge of prices received at the wholesale level, increased 0.5% for the month, higher than the 0.3% Dow Jones estimate, the Labor Department’s Bureau of Labor Statistics reported Tuesday. However, the […]

    • CNBC

    Wholesale prices rose 0.5% in April, more than expected

    The producer price index was expected to increase 0.3% in April, according

  • Report: Bills are expected to sign Marquez Valdes-Scantling

    Wide receiver Marquez Valdes-Scantling had two big catches to help the Chiefs beat the Bills in the playoffs last season, but it looks like he'll be trying to help the Bills this time around.

  • Report: Argentina booming despite warnings from establishment naysayers

    by WorldTribune Staff, May 10, 2024 Thanks to the free market reforms of populist President Javier Milei, inflation is falling in Argentina. Interest rates are also coming down. And the peso is on fire. Milei has also put relations with China in the deep freeze while moving closer to the United States. And, last week, […]

  • April CPI Report Offers Some Relief: What the Experts Are Saying About Inflation

    CPI moderated last month, boosting hopes for interest rate cuts coming sooner rather than later.

  • Crushing Puppies, Crushing on Nazis!

    As my regular readers know, I don’t care for Ron Unz. And that’s putting it mildly. I consider him an open sore on the scrotum of the world, a tumor on life’s testicles. He’s the ’net’s No. 1 propagator of Holocaust denial, and he’s proud of it. He’s a professional fabricator, a polluter of historiography. […]

  • Urban Company logs maiden profit before tax in April: CEO

    At-home services platform Urban Company swung to its first profit before tax (PBT) in April this year, cofounder and chief executive Abhiraj Singh Bhal said in a post on X on Monday.For FY23, the Gurgaon-based company founded in 2014 reported a 45% year-on-year jump in operating revenue to Rs 637 crore. Its losses before taxes for the year narrowed to Rs 308 crore compared with Rs 514 crore in FY22.“Although our India business had previously achieved profitability, investments in overseas...