Republicans say price report is a boon; Democrats say bust. Who’s right? | Business and Economy News

Republicans say price report is a boon; Democrats say bust. Who’s right? | Business and Economy News

Does the latest United States consumer price index (CPI) report show that Americans are paying more or less for goods? You might be seeing mixed messaging based on the politicians you listen to or what your social media algorithms surface. Some say the numbers show President Donald Trump’s success. Others say the opposite. Every month,…

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AMAT UNH INTC and more

AMAT UNH INTC and more

Check out the companies making headlines in after-hours trading. Applied Materials — The semiconductor equipment manufacturer tumbled 11% after the current-quarter outlook missed expectations of analysts polled by LSEG. Fiscal third-quarter earnings and revenue topped estimates. UnitedHealth — The insurer jumped nearly 8% after Warren Buffett’s Berkshire Hathaway revealed a new stake , according to…

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Investors await further inflation data

Investors await further inflation data

U.S. Treasury yields ticked higher Thursday after new U.S. data pointed to persistent wholesale inflation. The 2-year Treasury yield climbed 4 basis points to 3.73%. The benchmark 10-year note yield added nearly 5 basis points to 4.285%. One basis point is equal to 0.01%, and yields and prices move in opposite directions. The producer price…

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