The explosive Twitter Files part two is out. This episode presents internal company documents on how many users were shadow-banned. Wholesale inflation data is out. Inflation came in hotter than expected in November, and it could affect your holiday purchases. Workers at a GM battery factory vote on whether to unionize. How did it go? And what…
NTD Business (Dec. 9): Twitter Files, Part 2: Secret Blacklists; Wholesale Inflation Tops Estimates
Wholesale Price Inflation Explodes to Near-Record 11.3 Percent
July 14, 2022
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Business & MarketsCompanieseconomic policieseconomyinflationMarketsproducer price inflationrecessionUSUS economy
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U.S. inflation rates, according to the Producer Price Index (PPI), rose a shocking 11.3 percent for the year ending in June, close to the 11.6 percent record high in March, according to a July 14 Bureau of Labor Statistics report. The PPI index, which measures the wholesale prices of goods that are eventually passed down to consumers, rose 0.4 percent…
Producer Prices Soar in May, Suggesting More Inflation Pain for Consumers
Producer prices rose faster in May, reversing their month-over-month decline in April and eroding hopes for a softening of the broader inflationary environment as wholesale prices tend to get passed along to households in the form of consumer price inflation. The Producer Price Index (PPI), which tracks inflation before it hits consumers, rose by 0.8 percent in…
Containerized Shipping Bottlenecks Caused by China
October 17, 2021
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AnalysisChinaChina Business & EconomyGlobal supply chain disruptionOpinionproducer price inflationThinking About China
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News Analysis Global supply chain issues, shortages of finished goods, and price inflation in the United States and around the world are exacerbated by disruptions in merchant shipping. Chinese ports account for 40 percent of the world’s containerized trade, with the most popular routes being from China to the U.S. West Coast and Northern Europe….
Treasury Yields Rise, Wall Street Futures Up, Ahead of Producer Price Inflation Data
Long-dated U.S. Treasury yields rose on Friday ahead of the release of an index that will show the extent of producer price inflation and a day after major Wall Street equities indexes closed down despite encouraging unemployment claims data. The yield on the benchmark 10-year Treasury note rose 2.7 basis points to 1.329 percent, as…
Producer Prices See Biggest Annual Surge on Record, Stoking Inflation Concerns
Producer prices rose above expectations in May, marking their biggest 12-month increase on record and reinforcing broader inflation concerns as higher production costs tend to filter down to consumers. According to a Labor Department release (pdf), for the 12 months ending in May the producer price index (PPI) surged by 6.6 percent, the highest number in…
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