Search Results for: news

US wholesale inflation substantially slowed in February

(CNN) — Americans just got some reassurances that inflation was slowing, and not reaccelerating, last month.The Producer Price Index, a wholesale inflation gauge that is being closely watched for tariff-related impacts, showed that price hikes slowed substantially in February.The PPI…

Walmart feels the heat in China after Trump imposes tariffs

Hong Kong (CNN) — Walmart is getting caught in the middle of an escalating trade war between the United States and China.Chinese officials confirmed on Thursday they had met with executives from the US retail giant, following a news report…