wholesale inflation – Charm

Dow, S&P 500, Nasdaq futures inch higher as inflation data looms large over Fed policy outlook

S&P 500, Nasdaq notch fresh records as Oracle soars, with inflation data on deck

Swedish buy now, pay later lender Klarna (KLAR) is set to go public on the New York Stock Exchange on Wednesday after raising $1.37 billion in its initial public offering. According to Bloomberg, the fintech company and its backers sold 34.3 million shares for $40 per share in the oversubscribed IPO, which gives the company…

July inflation data has economists on edge

Cs news7 months ago7 months ago09 mins

Markets ended the week largely unfazed by a hotter wholesale inflation print and signs of firming consumer prices, but some economists warn the underlying story is more concerning than investors seem to believe. The Producer Price Index (PPI) for July surged to a three-year high, with services inflation playing a key role in the gains….