WASHINGTON (AP) — U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs up and that higher prices for consumers may be on the way. The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers— rose 0.9% last…
Want to comment on this story? Become a subscriber today. Click here. New York – The U.S. stock market is holding steadier on Wednesday, for now at least, following the sharp tumble that wiped out the last of the “Trump bump” it received following the presidential election in November. The S&P 500 was basically unchanged…
HONG KONG (AP) — A former Hong Kong reporter of The Wall Street Journal on Tuesday said she’ll sue the publication for sacking her because she joined a trade union. Selina Cheng lost her job in July after a senior editor told her that her position was eliminated due to restructuring. However, Cheng believed the…