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U.S. producer price index rose sharply in April 2026

U.S. wholesale prices rose 1.4% in April, the largest monthly advance since March 2022, as energy costs pushed goods prices sharply higher, according to the Bureau of Labor Statistics. On an unadjusted 12-month basis, the Producer Price Index for final…

Prices holding as China summit kicks off

Bitcoin (BTC-USD) opened at $80,473.98 on Wednesday, down 1.5% from Tuesday’s opening price. The price of bitcoin as of 7:08 a.m. ET rose to $80,611.27. Ethereum (ETH-USD) opened at $2,274.41 on Wednesday, 2.8% lower than Tuesday’s opening price. Ethereum also…

Source Fashion sets July 2026 agenda around volatility, compliance

The show, returning to Excel London from 7–9 July 2026, aims to provide buyers and industry professionals with practical solutions for navigating a changing sourcing landscape. Research conducted ahead of the event highlights that fashion buyers must manage constant market…

Aramco Sees Slow Oil Market Recovery after Shock Supply Loss

The oil market will take months to normalize even if flows through the Strait of Hormuz resumed today, as 1 billion barrels of oil have been wiped off the supply balance over the past two and a half months. That’s…

Carlyle Secured Lending, Inc. Q1 2026 Earnings Call Summary

Carlyle Secured Lending, Inc. Q1 2026 Earnings Call Summary – Moby Strategic Performance and Market Dynamics Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we’ll show you why…

Moderna Stock Is Surging on Hantavirus Threats. Its Chart Offers a Harsh Dose of Reality.

The Covid-19 pandemic, which consumed every moment of our waking days and claimed over 1 million lives in the U.S. alone, had a most unique impact on the financial markets. One that, in my view, is here to stay. It…

Larry Robbins Is Loading Up on This Stock

We just covered 10 Stocks That Tanked: Why Larry Robbins’ Top Picks Are Struggling in 2026 and Lithia Motors, Inc. (NYSE:LAD) ranks 9th on this list. Lithia Motors, Inc. (NYSE:LAD) first featured in the 13F portfolio of Glenview Capital in…

US home sales edge up in April but affordability remains a challenge

By Lucia Mutikani WASHINGTON, May 11 (Reuters) – U.S. existing home sales rebounded less than expected in April, and could struggle to gain altitude as mortgage rates remain elevated and rising inflation squeezes household budgets. Prospective homeowners have largely been…

Dollar Erases Early Gains as Stocks Rally

The dollar index (DXY00) today is down by -0.03%.  The dollar gave up an early advance today and turned lower after US Apr existing home sales rose less than expected.  Also, strength in the Chinese yuan is weighing on the…

BofA drops blunt warning about Fed rate cuts

BofA Global Research is the latest brokerage to revise its ​Federal Reserve rate-cut forecast to much later dates, citing elevated inflation due to high energy prices and growing strength in the labor market. BofA Global Research now expects the Fed…