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US WHOLESALE INVENTORIES JULY 2023
US producer inflation tops expectations as diesel costs jumpUS wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month ...- Copper falls after report of White House hesitancy over tariff planCopper prices saw a notable decline following reports of no movements regarding potential tariffs. The White House is currently evaluating ...
- US wholesale inventories surge in JulyIn July, the United States experienced a notable spike in wholesale inventories, paving the way for anticipated economic growth in the thir...
- Iran attack on base in Jordan damaged American military aircraft, US official saysIranian strikes damaged multiple American military aircraft at Jordan's Muwaffaq Salti Air Base this week. The United States military suffe...
- US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climbWholesale inflation increased in August after cooling earlier this summer. Higher oil and gas prices, driven by Middle East conflict, are k...
- US Treasury yields hit highest level since 2023 as buyback disappointsU.S. 10-year Treasury yields touched their highest level since November 2023 before easing after strong auction demand. Rising oil prices a...
- Suez Canal revival gathers pace as Hormuz crisis reroutes shipsThe Suez Canal experienced a striking 42% increase in revenue during July, attributed to the rerouting of maritime traffic caused by the cl...
- Global Market | BOJ may speed up rate hikes amid inflation, weak yen risks: MasuBOJ board member Kazuyuki Masu has signalled that the central bank may need to raise rates quickly if inflation accelerates, strengthening ...
- Sebi fines two Jindal Steel designated persons for trading-window violationsSebi has fined two designated persons of Jindal Steel & Power Rs 1 lakh each for trading in the company’s shares and stock options during t...
- A retiree had 800 gallons of maple syrup in the barn. Here’s why selling it may not cut Social Security benefitsA Vermont retiree with 800 gallons of finished maple syrup could sell the inventory after retirement without those sales necessarily counti...
- Strong Start! Deepa Jewellers shares list at 25% premium over IPO priceDeepa Jewellers made an impressive debut on Dalal Street, launching with a 25% premium after its shares were priced at Rs 177 each. The pub...
- Private banks’ profit margins recover as FCNR(B) inflows ease deposit funding pressureIndia’s private banks saw fresh lending spreads widen sharply in July as FCNR(B) inflows improved liquidity and reduced reliance on expensi...
- Nike’s shoe doesn't fit: How did the swoosh lose its winning edge?Nike’s decline is raising questions about how the sportswear giant lost its competitive edge. Falling revenue, a collapsing market value, w...
- Finance Ministry notifies norms allowing e-commerce firms to maintain inventory only for exportsIndia has relaxed FDI rules for e-commerce exports, allowing foreign-funded e-commerce companies to hold inventory if the goods are made in...
- Retail sugar price drops 3.85% to Rs 62.57/kg in a week: Govt dataThe retail price of the sweetener declined from Rs 65.08 per kg a week ago. However, the prices are still ruling 27 per cent higher than th...
- Iran-US attacks restart: Refiners in the crosshairs again as some Gulf cargoes stand delayed, cancelledIndian refiners face mounting crude supply disruptions from the Gulf region. Rising vessel attacks and transit bottlenecks are causing sign...
- Hero MotoCorp, M&M, other auto stocks drop up to 5% despite strong August sales numbers. Should you buy the dip?Despite strong August sales data reflecting robust demand for passenger vehicles, auto stocks faced a notable drop. Maruti Suzuki and Tata ...
- Oil up nearly 1% as US and Iran trade fresh strikesBrent crude futures rose 87 cents, or 0.92%, to $95.52 a barrel by 0008 GMT, while U.S. West Texas Intermediate crude futures climbed 80 ce...
- US manufacturing growth cools in August as input prices stay highU.S. manufacturing activity cooled off in August after a period of strong expansion, with new orders experiencing a decline. Input prices r...
- Airtel leads July mobile subscriber additions with 26.9 lakh users, Jio adds 24.5 lakhBharti Airtel led mobile subscriber additions in July, adding 26.88 lakh users. Reliance Jio followed, adding 24.46 lakh users during the s...
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