The collapse of cryptocurrency exchange FTX will potentially impact way more people than initially thought—including celebrities and well-known athletes. What is YouTube testing to reverse the drop in its ad revenue? Is inflation relief on the horizon? We talk to a manufacturer who may finally have some good news. One of America’s largest airlines is refunding…

Commentary The spin machine on inflation news has been working on overdrive. Yesterday’s CPI release revealed terrible news and that was obvious within seconds of the release. It was a shock so perhaps it is understandable that the pressure of deadlines caused major media to downplay how grim it was. First we were told it…

Commentary Yesterday afternoon, the financial markets were roiled by an early release of the Consumer Price Index that turned out to be a fake. It looked real and markets were flooded with sellers because the number came in at 10.2 percent year over year. That would imply more extreme efforts by the Fed to crack…

Wholesale prices in the United States eased in April but remained close to their record high hit in March, suggesting little near-term inflationary respite for American households as higher producer prices tend to get passed along to end consumers. The Producer Price Index (PPI), which tracks inflation before it hits consumers, rose by an annual…

Producer price inflation in the eurozone surged to a record high in the year through March, the European Union’s statistical agency reported, delivering a fresh sign that inflationary pressures continue to bedevil economies around the world and reinforcing concerns about stagflation. The European Union’s statistics office Eurostat said in a May 3 statement (pdf) that the euro…

Wholesale prices in the United States accelerated at their fastest annual pace on record in March, delivering a fresh sign that persistent inflation continues to plague the U.S. economy. The Producer Price Index (PPI), which tracks inflation before it hits consumers, rose by an annual 11.2 percent in February, the Bureau of Labor Statistics said Wednesday. That’s…

Wholesale prices rose at their fastest annual pace on record in November, with the newest inflation-related datapoint adding to broader concerns about the persistence of elevated prices as higher input costs for producers tend to trickle down to consumers. The Labor Department said in a Dec. 14 statement that, for the 12 months ending in…

A Fed report on manufacturing in New York state shows that the prices received index—which measures prices manufacturers are paid for the goods they produce—rose to a record high in early November, reflecting how input cost inflation is filtering down through the supply chain and pushing up prices for end consumers. The New York Fed’s…

China’s factory gate prices rose at the fastest pace in 26 years in October, but producers have had no way to cover their costs with consumer demand remaining weak. Factory gate prices refer to the cost at which wholesalers purchase materials from producers, not considering transport and distribution fees. The producer price index (PPI) has soared…

Producer prices rose in the 12 months through October at 8.6 percent, matching the prior month’s rate—the highest since 2008—and reinforcing broader concerns about inflation as higher production costs tend to trickle down to consumers. The Labor Department said in a Nov. 9 statement that the producer price index (PPI) jumped by 8.6 percent year-over-year in…